PERSONAL FINANCE
ESTHER MUKUMBO: How to transfer wealth to your children
Consistency, education and time are the key factors that will make an immense difference to your kids’ future financial lives
13 April 2023 - 05:00
Generational wealth has many facets, including the transfer of knowledge, family tradition, intellectual property and even businesses.
As a parent, one of the questions that keeps me awake at night is: how do I set my children up financially, particularly given the global economic environment? According to CNBC, “[baby] boomers have more wealth ‘than any other generation’, but millennials may not inherit as much as they hope”...
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