What if the real reason family wealth disappears by the third generation has almost nothing to do with investing, and everything to do with what parents fail to teach at home? We sit down with Dr. Julia Myers, founder of Generational Wisdom, for a conversation that goes way past trusts, spreadsheets, and "someday" estate plans. Julia shares the medical crisis that abruptly ended her pharmacy career, the mindset shift that followed, and why she now believes legacy is not what you leave to your kids, but what you leave IN them. Together we unpack the three silent killers of generational wealth: no skills, no goals, no expectations, and explore what it looks like to raise kids who understand money and values, before the world teaches them. If you've ever wondered how to build wealth without accidentally raising entitlement, or how to recover from your own money story before passing it on, this episode is a gold mine.

This episode covers

Why 70–90% of family wealth disappears by the third generation
Julia's shift from pharmacist to generational wisdom coach after a life-changing health crisis
The three biggest reasons generational wealth gets lost
Why "wealth without wisdom is wasted"
How to build a family constitution around values, not just money
The difference between leaving wealth to your kids versus leaving legacy in them
How to talk to kids about money, giving, enough, and expectations
Why late starters can still change their family's financial story
Practical ways to make values visible in daily family life

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RESOURCES MENTIONED ON THE SHOW

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🌐 JuliaMyers.com

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Say This, Not That (free guide)

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