Breaking the Cycle: Understanding Wealth and Social Class with Laurel Hardy | Laurel Hardy, CEO, Bespoke Wealth Management. 00:10:00
Laurel Hardy, CEO of Bespoke Wealth Management, explores the reasons why children often remain in the same social class as their parents. Contrary to popular belief, only ten percent of wealth is inherited, while ninety percent is made. The key to breaking the cycle lies in understanding how to use money effectively. Laurel delves into the concepts of liabilities versus assets, explaining how assets can be used to generate more wealth.