People who inherit generational wealth have a significant financial advantage over those who do not. These people likely have the ability to avoid student loans and other types of costly debt.
As you receive dividends from stocks or real estate and are making more by selling assets, make sure to put some of it aside in a place where it will continue to work for you.
There is a reason it’s popular for small businesses to have “& Sons” in the name. People like the idea of building a business to pass down to their children.