intergenerational wealth

We’re interrupting this feed of money mishaps with the stories of some successful successors. Get into it! Intergenerational wealth may be a given for the most privileged among us, but holding onto it can be a different task entirely for Black families in America. Our wealth does not just start and end with us; it's connected to a long history of advantages and disadvantages. So, when we inherit it, how do we hold onto it and keep it going for our loved ones to come? We’ll hear from two young, Black business owners who’ve found their own ways of harnessing the power of legacy against history.

Please note, The Dough contains mature themes and may not be appropriate for all listeners. 

This series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair finance system for all. Learn more at flourishventures.com.

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Kids are sometimes hard-work, often fun, and always expensive. But due to the magic of compounding, a small amount of money invested when they are young can grow into a substantial nest egg for later in life.

We discuss how much to set aside, what to put in their portfolio, and how to keep them from blowing the cash as soon as they turn 18.

And in today’s Dumb Question of the Week, we ask: Is government debt effectively stealing from future generations?

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Disclaimer

This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.

Copyright 2023 Many Happy Returns

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The collapse of Carillion this week brought how Britain runs itself into the spotlight, but it also left many workers wondering about their money.

And it's not just their wages that are a concern, the safety of people's final salary pensions is a major worry when a company collapses.

In this week's podcast, Simon Lambert, Rachel Rickard Straus and Georgie Frost look at how safe your pension is and what backs it up. 

They also discuss whether it is wise handing over so much of the UK’s public service and projects to private companies looking to turn a profit for shareholders - and what happens to people's finances when that goes wrong?

If you’ve always wanted to understand the business of the private finance initiative (PFI) – this week’s show is a must listen.

Alongside that we discuss the continuing madness of the cryptocurrency boom, including the alternatives to bitcoin and how ripple rose 84% in 24 hours.

We also reveal the savings rate postcode lottery and ask that all important question, should you spend your money now and enjoy it or save it for the kids' inheritance?

Enjoy.