Generational Wealth Begins with Generational Knowledge

2026 International Impact Book Award Winner and Two-time Amazon Bestselling Author Throughout our lives, we've been told that money talks but for many, it speaks a language we were never taught to understand. Why do 70% of wealthy families lose their fortune by the second generation, and 90% by the third? According to Dr. Joaquin E. Wallace, the answer lies in our "Financial Genetic Code"-a combination of inherited narratives, learned behaviors, and unresolved financial trauma that shapes our relationship with money. In Generational Wealth Begins with Generational Knowledge®, Dr. Wallace introduces his Seven-Stage Generational Wealth Model(c), a powerful framework that blends financial strategy with psychological insight. Rather than focusing solely on tactics, this book explores how your financial past influences present decisions and future outcomes. Each stage guides readers through a transformative journey-from uncovering limiting beliefs and addressing financial anxiety to achieving healing, strengthening financial literacy, and building long-term security. The final stages focus on intentional legacy planning and sustainable wealth creation. Drawing from his experience as a financial planner and nonprofit founder, Dr. Wallace offers a practical and empowering roadmap for individuals at any stage of their financial journey to build lasting generational prosperity.