see us maxing ours out at the mall every other weekend.
Finally, leave them something. Let us pledge, right here, right now, that our unborn grandchildren will be the last generation of African Americans to start out in the world with nothing — or worse, in debt before they are born. We must use smart insurance, tax, retirement, and estate planning to preserve our assets for our descendants to build on. To achieve multigenerational wealth, we must do more than finance the needs and desires of our own lives; we must finance the vitality and advancement of future generations.
The only real wealth is multigenerational wealth. Future generations of African Americans should expect to receive an inheritance. And we must prepare our heirs by teaching them to manage it wisely.