Lost Inheritance and Sudden Wealth Syndrome

Lost Inheritance and Sudden Wealth Syndrome

Dec 12, 2016 | Personal Finance 101

A 2,000-year-old Chinese proverb “Shirtsleeves to shirtsleeves in three generations” still holds up today. It intimates that the first generation works hard to create a fortune; the second generation spends the fortune foolishly; and, the third generation...