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Optimal Finance Daily - Financial Independence and Money Advice

2165: How to Pass Wealth to Your Kids by ESI

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 10 January 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

ESI of ESI Money talks about how to pass wealth to your kids Episode 2165: How to Pass Wealth to Your Kids by ESI ESI Money is written by "ESI", a 50-something retiree. The site is basically a list of what's allowed him to become financially independent and how you can implement those successes in your life. His philosophy is simple and focuses on doing three simple things to achieve financial independence: earn, save, invest. There's a bit more to it than that, of course, but if you can concentrate on these three areas, they will get you at least 90% of the way there. The original post is located here: https://esimoney.com/pass-wealth-kids/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by London Business School.

0:03.8

Looking to accelerate your business, or understand the opportunities in AI or ESG,

0:08.8

are you thinking about taking the plunge into entrepreneurship,

0:11.8

or about what leadership skills will take you to the next level?

0:15.0

To listen to the latest insights and discussion from LBS faculty,

0:18.6

subject experts and industry insiders,

0:21.4

look for podcasts from London Business School.

0:23.8

Navigate the now and be prepared for what's next with London Business School.

0:30.0

When Fiona started fees fancy flowers,

0:32.6

she used a fax machine to get in touch with her suppliers,

0:36.2

her investors and her customers too.

0:39.6

But as her business went from 100 customers to 10,000,

0:43.8

she realised it was time to finally embrace modern technology.

0:48.8

fax machines, they can't have like your business current account,

0:52.8

just because they were good once doesn't mean you have to stick with them forever.

0:56.6

Maybe it's time to switch with the current account switch service.

1:00.4

This is Optimal Finance Daily Episode 2165.

1:04.6

How to pass wealth to your kids?

1:07.0

By ESI of ESIMoney.com

1:10.2

and on your host and personal finance enthusiast, Diana Mariam.

1:14.4

Let's get right to it and continue optimizing your life.

1:22.2

How to pass wealth to your kids?

...

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