PROSPERITY & FAMILY INHERITANCE

Do you know a common way poverty creeps into a family is by selling-off inherited properties? Examine the Forbes rich list and you’ll see that almost 35% of the entire listed, especially the top 100, are people who inherited their wealth. Landed properties, hedge fund investments, trust funds, stamps, paintings, precious stones, company shares are some of the forms by which wealth is transferred from a settler to a beneficiary.

Now, if as much as one-third of the rich folks in our world today are heirs to riches, why are we then so quick to sell what's ours?


I recently observed three average families close to mine, which is an average one too. And I notice members of these families have continued to own houses, cars and other valuable items as far back as three generations from today. But the habit or may I say culture of selling properties, either for selfish interest or simply for lack of regard for it, has kept them on that “a little above poverty level”. Hence, educated hard-working families, but mediocre in society.


Aristocracy is most accurately defined as “an upper class of hereditary nobility”. Therefore, by adopting a culture of saving and refusal to dispose-off properties, a clan of hardworking individuals can over time enter into such bracket of nobility, building a name (brand) and making life easier for their future generation.


If this is your desire, it isn’t too late. Deciding not to sell the stuff you consider inferior today you’d begin to build a worthy inheritance for your kids. That Peugeot 504, Volkswagen 1500, the bungalow and vast farm land in your village or shares certificates you just discovered your father has in a certain bank. All these seemingly invaluable bits, if properly maintained and harnessed, including your personal effort, will over the years evolve into generational prosperity.


My neighbour, who we fondly call Count Kevin, spent the best part of the past thirteen months buying spare-parts from all over Europe to fix his late dad’s car–a 1966 Ox-blood Jaguar E-Type. Upon completion, he invited a local vintage car salesman to come see the car in his garage, after viewing the dealer made him an offer of Ninety Thousand Pounds to change ownership. Of course he didn’t sell it, but agreed to let the gentleman display the car in his showroom and hire it to lovers of classic cars who will pay as much as £1000 a week to cruise around town in the convertible roadster, especially in summer


Even in the great book, "Abraham’s blessings", is the prototype given for wealth. A generational blessing–one to the other. ABRAHAM–ISAAC–JACOB/ISRAEL–THE TWELVE TRIBES OF ISRAEL and down the line.


I implore everyone reading to desist from the compulsion of selling stuff, when unnecessary, especially heirlooms and work diligently. We must also not neglect ethics: such as honesty and charity. Staying true to these values will announce your family on the Aristocracy level within the next thirty years. And when wrinkled and frail, you can be sure you’ve lived a good life–most importantly passing on a baton of a worthy inheritance (legacy) to yet another vibrant generation to keep the flag flying from where you left off.

May love, peace and prosperity be yours now and forever!