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GENERATIONAL WEALTH

BEGINS WITH GENERATIONAL KNOWLEDGE®

The Seven Stages of Financial Empowerment and a Legacy of Prosperity

Generational Wealth Begins with Generational Knowledge® presents Dr. Joaquin E. Wallace’s Seven-Stage Generational Wealth Model® a system designed to help underserved and marginalized communities break financial cycles and build lasting prosperity. The book guides readers in identifying inherited money beliefs, healing financial trauma, and understanding both internal and external barriers to wealth. Dr. Wallace explains how to build and protect assets through tools like estate planning, insurance, and long-term care, ensuring that both wealth and financial knowledge are passed on to future generations. Combining behavioral finance, cultural context, and practical exercises, this book offers actionable steps to transform financial survival into long-term generational success.

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Customer Reviews

Customers find this book insightful, explaining how to build and maintain generational wealth, and appreciate its detailed content with worksheets after each chapter. Moreover, the book emphasizes healing and emotional depth, with one customer describing it as a "step-by-step detox for your financial mindset." Additionally, customers value its practical approach, with one noting it provides real-world examples, and consider it life-changing, with one review highlighting its transformative reprogramming of inner narratives.

This is one of the most thought-provoking books I’ve read on African American wealth building. As a CERTIFIED FINANCIAL PLANNER™, I see the stories Dr. Wallace shares with my clients every day. What makes this book powerful is that it goes beyond identifying the problem it provides frameworks, healing, and practical steps to truly build and sustain generational wealth. A must-read for anyone serious about leaving a legacy.

Excuse the bent up book cover, I’ve taken the time to highlight this book, rereading chapters and bringing it with me wherever I go to ensure the lessons learned stick with me!

Generational Wealth Begins with Generational Knowledge: The Seven Stages of Financial Empowerment and a Legacy of Prosperity by Joaquin Wallace is an interesting read that takes us in a different direction than other financial help books. The author makes a compelling argument that we all come with pre-programmed beliefs about money based on our own experiences when we were younger. In order to make sure that the wealth we build or inherit remains strong, we need to examine our own beliefs so that we can make that wealth last as long as possible. He shows us how to do this with a seven step plan which allows the reader to learn about themselves so they can best plan for the future. Most other books of this type focus on investing and sustaining wealth. This one focuses more on the person and learning who they are so decisions about money can be better understood and implemented. Anyone who is looking to learn more about gaining and building wealth will benefit from this. Income level and age do not matter with this, and the author did a great job of breaking his ideas down into easy to understand chunks.

Phil Bolos

This book not only taught me about the world of the money, it helped me understand why I think about it the way I do. Dr. Wallace intertwines financial literacy knowledge with a deep emotional sense, illustrating that wealth building begins with healing. His seven-step model seems attainable and enriching, not overwhelming. He is less about saving or investing and more about flipping the script for future generations. This book made me reflect and take action.

Norman

Generational Wealth Begins with Generational Knowledge is a valuable financial guidebook that goes beyond the usual monetary and investment advice that such books usually give. This guide teaches you how to re-shape your belief systems around money, how to make money, and – most importantly – how to keep it for generations in the future. Dr. Joaquin Wallace presents his book in seven distinct stages. Each one follows logically on the previous one and builds on what was presented before. What really stood out for me in this volume is the transformative reprogramming of inner narratives. The author takes the narratives that have become ingrained in the readers’ lives about finances and money and shows how to create an abundant manner of thinking. This is a life-changing book that I highly recommend.

This is the kind of book that everyone should pay attention to, because financial peace and general wealth are really the way to go. Joaquin Wallace's Generational Wealth Begins with Generational Knowledge taught me more than one thing: how financial security can most of the time, solve problems and make your life better. The things discussed in this book make sense and they are very educational. It's something that is not taught in school. Reading this book was enriching and life-changing and it pushes me more to become better with my money habits. I also agree with the introduction of this book that this book is not only inspirational but it is also transformational. Everyone should definitely learn from this book!

This book made me see my relationship with money in a totally new way. It doesn’t just talk about budgets or investing, it goes deeper into the habits, fears, and beliefs we carry without even realizing it. I really appreciated how the author speaks honestly, without judgment, and combines emotional awareness with practical advice. The seven stages actually make sense and guide you step by step. No matter how much you make or where you are financially, there’s something in here that will hit home.

Jovanna R