Building generational wealth starts on day 1. ㅤ Most people don’t even think about building wealth until they’re 30, but imagine if you started when you were still in diapers. ㅤ Here’s the play: 1. Pay your kid a reasonable income by putting them on payroll. 2. Have that income go straight into a Roth IRA (tax-free growth for life). 3. Open a 529 college plan that can roll into the Roth if they don’t use it. 4. Set up a life insurance policy that they’ll own when they’re older. ㅤ This is how you take the tax code and turn it into generational wealth. Give your kids the head start they deserve. ㅤ Comment “INVEST” for the full episode with karltondennis on the pacemorbyshow where he reveals the secrets wealthy people use to pay less taxes and completely change your financial future. 🎙️ ㅤ #pacemorbyshow #karltondennis #taxes #taxstrategy #podcast