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...
All content for Growing the Money with Rich Lennon is the property of Rich Lennon and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
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 64: The 2 Types of Private Lending Clients (And Which Ones Make You Money)
Growing the Money with Rich Lennon
10 minutes
1 month ago
Episode 64: The 2 Types of Private Lending Clients (And Which Ones Make You Money)
Not all borrowers are created equal. Some will make you consistent, predictable returns, and others could cost you everything. The difference often comes down to understanding exactly who you’re lending to. In this episode of Growing the Money, Rich Lennon breaks down the two main types of private lending clients you’ll encounter: real estate investors and lazy money clients. He dives deep into the subtypes of investors, from first-time flippers to experienced operators to those scaling aggre...
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...
