Chairman John Hope Bryant recently sat down with Brad Smith from Yahoo! Finance to discuss the foundation and framework for building wealth.
Smith highlighted that our nation’s inflationary times can seem to complicate the goal of building generational wealth. However, as Chairman Bryant points out, the foundations of financial literacy remain the same despite the challenging times. The essential foundation boils down to mindset.
“Well, first, you have to address the thing that’s addressing you,” Bryant emphasizes. “If you don’t deal with your money, your money is going to deal with you, and it’s not gonna deal with you in a positive way.”
Next, he suggests that families across America make financial literacy a primary conversation in the home — even to the point that it’s part of the regular, ongoing family conversation.
Check out the rest of the conversation and the article featured on Yahoo! Finance here.