Explore the Power of Generational Wealth and its Impact

Did you know research shows trauma, including financial stress, can be encoded into our DNA affecting future generations? This discovery made me realize the power we have, not just for our own well-being but for those who come after us. This realization changed my life, pushing me to break the cycle of generational trauma. And it's not just for our benefit, but our descendants too.   #GenerationalWealth #MindsetShift   In this episode of the Crown Yourself podcast, host Kimberly Spencer explores the concept of generational wealth and its importance. She shares personal experiences and reflections on the topic, as well as insights from an interview with Billy Carson. The episode aims to inspire listeners to think about their own wealth and how they can plan for future generations. Kimberly emphasizes the significance of breaking generational patterns and changing the DNA of financial generations. She encourages listeners to imagine the financial legacy they want to create and how it can positively impact their children, grandchildren, and beyond.   Enjoy, sovereigns! Listen to the episode on Apple Podcasts, Spotify, Google Podcasts, Amazon Music, or your favorite podcast listening platform. You can also watch the episode on YouTube.   Moments of Note: Generational Wealth and its Importance [00:00:00] Introduction to the concept of generational wealth and its significance in building a legacy for future generations. The 1% of the 1% Plan for Generational Wealth [00:05:26] Discussion on how the elite plan for generational wealth and the importance of long-term financial planning. Personal Reflection on Family's Financial History [00:07:39] Sharing personal stories of Kimberly's family's financial journey, including experiences of poverty and wealth, and the impact on generational wealth planning. Building a Legacy for Future Generations [00:10:27] Discussion on the importance of creating financial wealth that can be passed down to grandchildren and great-grandchildren. The Impact of Generational Trauma [00:12:00] Exploration of how trauma, including financial stress, can be encoded into DNA and passed down through generations. Shifting Thinking for Long-Term Financial Vision [00:13:20] Examining the need to shift thinking and embrace a new financial reality that extends beyond present circumstances, focusing on long-term generational wealth. The mindset shifts to building wealth [00:20:38] Kimberly shares her personal experience of shifting her mindset from focusing on debt to building wealth and the impact it had on her perception of money. Changing generational wealth patterns [00:22:56] Kimberly discusses the importance of breaking generational patterns and creating a financial legacy for future generations. Reprogramming financial DNA for future generations [00:25:44] Kimberly encourages listeners to envision the financial legacy they want to leave for future generations and the power of shifting their frequency and vibration to create change.   The Crowned Cliffnotes Version of the Podcast (aka Bullet Points): Introduction of Kimberly Spencer, host of the Crown Yourself podcast Introduction of Billy Carson, who discusses generational wealth Importance of generational wealth and leaving a lasting legacy Discussion on the loss of generational wealth by the second and third generations The concept of generational wealth extends beyond financial wealth Introduction of supplemental reading recommendations for further exploration Reflection on the journey of building a financial legacy Impact of trauma and breaking the cycle of generational trauma Shifting mindset towards a vision that extends beyond present circumstances Power of saving and shifting mindset toward building wealth