Ever heard the saying, shirtsleeves to shirtsleeves in three generations? Sadly, it’s true, 95% of all wealth disappears by the third generation. The real reason? Most people spend their lives chasing wealth but never teach their kids how to build it, manage it, or respect it. In this episode, Rich Lennon shares the personal story behind The Lennon Bank, a simple system he created to teach his kids about earning, saving, investing, and responsibility. From peanut butter sandwiches to horse ra...
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Ever heard the saying, shirtsleeves to shirtsleeves in three generations? Sadly, it’s true, 95% of all wealth disappears by the third generation. The real reason? Most people spend their lives chasing wealth but never teach their kids how to build it, manage it, or respect it. In this episode, Rich Lennon shares the personal story behind The Lennon Bank, a simple system he created to teach his kids about earning, saving, investing, and responsibility. From peanut butter sandwiches to horse ra...
Episode 74: The Secret Fees Closing Companies Are Quietly Charging You (And Getting Away With It)
Growing the Money with Rich Lennon
11 minutes
3 weeks ago
Episode 74: The Secret Fees Closing Companies Are Quietly Charging You (And Getting Away With It)
Ever wonder why your payoff amount is higher than you expected, even when you close on time? The truth is, most borrowers and lenders are getting hit with hidden fees they don’t even know exist. Closing companies are quietly padding the bill, and it’s costing investors thousands in unnecessary interest. In this episode, Rich Lennon exposes how closing companies’ internal mistakes and slow processes end up costing you real money, and what you can do to stop it. If you’re a lender, flipper, or ...
Growing the Money with Rich Lennon
Ever heard the saying, shirtsleeves to shirtsleeves in three generations? Sadly, it’s true, 95% of all wealth disappears by the third generation. The real reason? Most people spend their lives chasing wealth but never teach their kids how to build it, manage it, or respect it. In this episode, Rich Lennon shares the personal story behind The Lennon Bank, a simple system he created to teach his kids about earning, saving, investing, and responsibility. From peanut butter sandwiches to horse ra...
