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...
Title: Episode 75: The Title Policy That Just Saved One of My Client's Loans (Critical Lesson)
Growing the Money with Rich Lennon
8 minutes
2 weeks ago
Title: Episode 75: The Title Policy That Just Saved One of My Client's Loans (Critical Lesson)
Ever wonder how a small, overlooked lien could derail a real estate deal you thought was smooth sailing? Most investors and lenders assume that title insurance will catch everything, but mistakes happen, and the wrong policy could cost you thousands. In this episode, Rich Lennon breaks down how a lender’s title policy can protect you when homeowners’ policies fall short. He shares a true story where a 15-year-old lien threatened a property sale, but thanks to the lender’s policy, the b...
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...
