Nearly 50% of retired Americans pass away with less than $10,000 in savings. That said, there are still plenty of tried and true ways to build generational wealth.

I will add myself to J’s Million Dollar Club. I’m writing this not only as an actual millionaire to-do list but also as a memento to myself. So I can look back at where I was at this point in my life and where I want to be.

Financial success is not a measure of how much money you have in the bank, whether or not you have a six-figure salary, or if you have a specific balance in your 401k. Financial success results from making consistently better choices that lead you to live a more financially sound and independent life.

Is the term “old money vs. new money” still something people say in the age of technology start-ups, cryptocurrencies, NFTs, and meme stocks? Let’s look at the differences between old money vs. new money and the social connections between the two.