My Mission Is To Help You Achieve Success Online

Grab Adrienne's Proven Online Relationship Building Guide Where She Will Teach You:
  • How to build relationships that last
  • How to connect with your prospects
  • Her secret weapon most people are ignoring
  • Why she was named the Engagement Superstar
Just enter your info below and click "Get My Free Report"

What Kind Of Legacy Will You Leave

June 7, 2012 | By Adrienne Smith

LegacyHave you ever thought about this before?  What kind of legacy you’ll leave your family?

Unless you’re much older, most people don’t really think a lot about dying.  I mean it’s a very depressing subject wouldn’t you agree!  Unfortunately for me, I’ve lost a lot of people during my short life.

It really hit be though about 12 years ago when my best friend at that time’s husband passed away unexpectedly from a hypertension stroke at the age of 43.

No one saw that coming but isn’t that what death will do to a family?  Catch you by surprise when you least expect it!  He left behind a five year old son and a 14 year old step-daughter too.  They do say the good die young and I believe it!

Now most people want to plan for their future and take care of their families.  Whether death hits us at an early age or waits until we’ve lived out our lives it’s still something that needs to be handled sooner than later.

What Kind Of Legacy Will You Leave 

Webster’s dictionary defines a legacy as “something that is transmitted by or received from an ancestor or predecessor or from the past”.  Wouldn’t you love to leave your family something that would make them extremely proud?

Now I know that every single one of you who are reading this post have the desire to have a better life.  The majority of you are online building some type of business whether you’ve ventured into affiliate marketing, network marketing, coaching, membership sites, selling stuff on sites like eBay, creating your own products, whatever the case may be.

You want to provide for your family right!  To be financially secure and never have to want for anything for the rest of your lives.  To pass down what you’ve built to their children and so on and so on.

But what if your family isn’t interested in your business!  What if they don’t have the same desires or dreams that you do for their future!

“What you do with the future means the difference between leaving a track record and leaving a legacy.”
~ John Maxwell

Financial Security

Whether or not you intend to leave your business to your family or make enough so that you’ve invested well, either way I have no doubt that you would love to leave a great legacy behind. A way for them to be financially secure for the rest of their lives.

My grandfather left us a wonderful legacy but I’m afraid with the way the economy is and the value of the dollar, it’s nowhere near what it once was worth.  That’s what I call a crying shame.  He would be so disappointed.   All that hard work he did to provide for his family.

What Do The Wealthy Do

What sets the most powerful people in today’s society apart from all the rest!  What do the most wealthy people in the world do on pay day!  They buy stocks, bonds, real estate, commodities and precious medals.

Why?  Because they increase their value over time.  Do you think they are leaving a great legacy for their families?  Are the regular investments you’re doing right now going to be worth the same or more like my grandfather hoped his would be?

Can you imagine owning something that will hold it’s value no matter what!

Can you even imagined what kind of legacy you would be able to leave your family if something unexpected were to happen to you!

Would you be the least bit interested if you could invest in your future for a relatively small amount every single month knowing that in the course of the next 30 years you would leave your family a substantial legacy!

Does that even peak your curiosity?  Perhaps you’re happy with the path you’re currently on or you “intend” to do something later on.  Is that you?

Your Family’s Future

If nothing else, I hope I have gotten you to think.  I know that our economy still isn’t in the best shape but some things are picking up.  We all know that history continues to repeat itself so we can expect another nose dive in the economy in probably another 30 years.  It is inevitable.

We all can continue to sit back, pray that everything’s going to work out just fine and ignore the obvious or we can take matters into our own hands starting this month.  We’re talking about your family’s future remember!  I want you to start thinking about what’s best for them.

My best friend’s husband didn’t plan for his family’s future.  Is that a risk you’re willing to take with yours?

Hope You’re Prepared

I would love to hear your thoughts about this topic.  Has this been something you’ve even thought about or perhaps you have everything in place and are not concerned at all.  If that’s the case then I know what you’re doing because there’s really only one solution.

Are you the least bit curious what that solution is?  Want to know how I might be able to help you with this?

There is no better time like the present.  Let’s make your family proud shall we!

I would love to hear your comments below and I would appreciate you sharing this post with your friends. This might be a topic they’ve never considered either.  I would greatly appreciate it!

 

 

 

 


Business Developer
Skype:  missadriennesmith
Email:  Adrienne@AdrienneSmith.net

 

{ 82 comments… read them below or add one }

1 Dee Ann Rice
Twitter:
June 7, 2012 at 8:08 AM

Adrienne,

It is hard in these times when so many people are just finding it hard to make it from day to day, to even think about a legacy. However, that is what we should be thinking about. Those who do think about a legacy, not only leave more for their family in the event of their death but also have more while they are alive.

I think leaving a legacy and handling what we have like the wealthy do is something we need to think more about. There is a huge difference in investing in a future and saving a few cents a week.

This is something I am trying to do and it is not easy but can be done.

Thanks

Dee Ann

Reply

2 Adrienne Smith
Twitter:
June 7, 2012 at 9:10 AM

Hey Dee Ann,

I know exactly what you mean and I think that a lot of people are struggling in today’s economy. But they they’ll turn around and spend money on things they don’t need when that could have easily gone toward their future for their family. I see it so often and just continue to shake my head.

I think as long as you’re doing the best you possibly can then that’s all you can do. But, I have a way to help those that are interested. ;-)

I appreciate you stopping by today Dee Ann. It’s always a pleasure to see you.

Have a great day!

~Adrienne

Reply

3 Jason "J-Ryze" Fonceca
Twitter:
June 9, 2012 at 1:11 PM

Dee Ann! I’m glad you brought this up, because I find that the more we focus on the general “big picture” the smoother the “little daily details” fall into place and take care of themselves.

But if we do it backwards, concerned, worried, and focused on the little daily details, instead of calmly taking steps towards the big picture — everything goes painfully.

Great, great point you raised!

Reply

4 Paul June 7, 2012 at 8:31 AM

Adrienne- Great stuff. . So many people spend more time planning their vacation than they do looking out for the rest of their life. Your right that it’s a shame that we don’t teach more of looking out for your family and the future. I also agree that you can never take for granted the impact that you have on kids and their future. So many kids are looking for direction and leadership and often can’t find it at home. We have mentored two kids who have lived with us for a time and it has been a great reward for all.
Thanks

Reply

5 Adrienne Smith
Twitter:
June 7, 2012 at 9:15 AM

Hi Paul,

Thank you, I appreciate that!

I know from experience that so many people don’t think about leaving this earth or providing for their family. They always think there’ll be plenty of time. Not that I want anyone to leave this earth before they should but we all aren’t granted a full lifetime on this earth. If you don’t think about planning for your future and what kind of legacy you want to leave then the next thing you know it’s too late.

You’re right, the children in this world need to learn greater lessons then some of them have been taught. Your kids future should be one of the most important things you can ever do. Sounds like you’ve done just that mentoring those children that have been living with you. I’m sure they greatly appreciate that too Paul.

Thank you for sharing that and for your comment today.

~Adrienne

Reply

6 Dr.Spencer Jones
Twitter:
June 7, 2012 at 8:32 AM

I haven’t really put much thought about leaving a legacy to my family in terms of wealth, as I am still young and single.

But I do know this verse from the bible in Proverbs 13:22 – A good man leaves an inheritance for his children’s children. And I do try to follow what Bible talks about my wealth, and as a result I have a separate Savings account which I have termed as my store house. This account is just to put money as a store, and never to take or spend.

And when you look at the wealthiest businessmen, they all have huge savings that allows them to buy multi million dollar businesses. Even though they don’t realize they are in fact tapping in to the blessings of a biblical principle of having a store house, as it says in Deuteronomy 28:8 – The LORD shall command the blessing upon thee in thy storehouses. So sure, by God’s grace I am going to leave an inheritance for my children’s children… :)

Dr.Spencer Jones

Reply

7 Adrienne Smith
Twitter:
June 7, 2012 at 9:21 AM

Hey Spencer,

That’s the time you should start when you don’t have the financial burden of worrying about supporting your family. Just imagine how your future wife will feel if she knows you started planning early and know the importance of what it takes to leave a legacy for your kids. Can you imagine if you were to start now just how well off they would all be?

That Bible verse hit it dead on Spencer. And that’s great that you have another savings account set aside. But as we’ve all learned, what will that look like when the time comes? How much interest will you make year after year and is that the best route to take? That’s what happened with my granddad’s legacy and it’s now not worth as much as it should be.

Leaving an inheritance and a legacy for your children and their children is what I believe everyone should work toward today.

Thanks for sharing that Spencer and for quoting the good book.

~Adrienne

Reply

8 Deeone Higgs
Twitter:
June 7, 2012 at 8:34 AM

You bring up some rather great points here, Adrienne. For me, that’s why I do what I do. I come from a family line of – well, let’s just say there’s not many good role models for those under me. I took notice of this after my mother passed away. I thought to myself, “Whose leaving something behind for the generation to come after us?”

It’s easy to get wrap up in our own affairs and forget that we are constantly being watched – whether we want to believe it or not. Yet, I believe that all a legacy is – is providing a pattern to someone you love or influence to go by. I believe I’m doing that. I stepped outside of my comforts zone, doing something that I really didn’t believe I was able to do, and teaching myself (with the help of others, of course) how to be a influence to those I love.

I know that what I’m doing right now will trail a path for my brothers, nieces, nephews, and cousins, to show them that they can be and do what ever they put their minds too. I want to provide them with everything I didn’t get myself. I am certainly not crying over spilled milk here – instead I’m using that “spilled milk” to motivate me to teach them how to wipe it up, and move on.

I so loved this post, my friend. And I can’t thank you enough for sharing your personal experiences here with us. Very courageous of you. Love you dearly, young lady. Stay positively as awesome as you are. Peace and Blessings.

Reply

9 Adrienne Smith
Twitter:
June 7, 2012 at 9:36 AM

Hi Deeone,

Thank you Deeone, you glad you agree. You are doing something different with your life and hopefully that will make an impact on your family. For them to see that they can step outside what has always been taught to them as the “norm” and make a difference.

Hopefully you’ll consider building a substantial legacy for your family whether it’s for your nieces and nephews or your own children. I have no doubt that your family is very proud of you Deeone and you’ll be able to teach them that they can be whoever they want in life.

If you’re ready to learn how to start building a huge legacy for your family, give me a shout.

Thank you Deeone and I’m so glad you loved this post. It’s been on my mind for awhile now.

Peace and blessings to you as well my friend and thank you so much for all your kind words.

Have the best day ever now!

~Adrienne

Reply

10 Denise
Twitter:
June 7, 2012 at 10:41 AM

Really love how you describe legacy, Deeone.
I’ve actually thought about this a lot the last few months, since my dad has been battling stage 4 pancreatic cancer. When I wrapped my head around the idea of losing him, I naturally started thinking about what I would remember most about him, and what are the greatest lessons I learned from him.

I get the idea of financial security, Adrienne, but I’ve never seen that as my parents responsibility. What I would hope to get from them is the wisdom to establish that myself.

Would be interested in hearing your solution, though, Adrienne. Feel free to inbox me.

Reply

11 Adrienne Smith
Twitter:
June 7, 2012 at 10:55 AM

Deeone does have a way with word doesn’t he Denise! I love when he shares his thoughts.

You are right Denise, it’s not their responsibility to leave anything to us but knowing the generation of adults I grew up with, they never wanted their family to want for anything. Whether we took what was left to us and helped our own children like with a college fund or helped their children prepare for a better life. Either way, just knowing that you’ve done something your family can be proud of I think speaks for itself. And yes, I’m from the old school but that doesn’t mean you we don’t want to leave a legacy of our own.

Thanks Denise and I’ll do that. You have a great day and I appreciate your comment.

~Adrienne

Reply

12 Jamella Biegel
Twitter:
June 7, 2012 at 8:43 AM

Good Morning Adrienne,

This is indeed a different type of post. I’ve given thought to what kind of legacy I will leave for my daughter. That’s one of the reasons I got involved in Network Marketing. Working a 40 hour a week job, with the hopes of retiring with a pension and limited 401k funds, is not the way to go for me.

What I think is most important right now is the type of life that I lead, setting an example for my daughter. I would hope the way I lived my life would be a valuable legacy too.

Thanks for this thought provoking post!

Reply

13 Adrienne Smith
Twitter:
June 7, 2012 at 9:39 AM

Good morning Jamella,

Surprise, I’m just full of different topics aren’t I? But as you said, that’s why you ventured into network marketing because pension plans and 401K’s just don’t cut it anymore. We only wish that most people had those but the ones that have have lost theirs with what’s been happening in our economy.

I have no doubt that your daughter is very proud of you Jamella. I just hope this post will help others realize that if they haven’t thought about their future then now’s the time. It’s never to late to start today.

Thank you for sharing your thoughts, they are always appreciated.

~Adrienne

Reply

14 ntathu allen
Twitter:
June 7, 2012 at 8:46 AM

Adrienne, such powerful words..what kind of legacy do you wish you leave behind. Like you I have experienced unexpected loss and at my brother’s funeral I was soooo touched by the kind words and tributes friends, colleagues, his clients and family said about him. the good truly do die young. Like you and your other readers, i wish to leave a legacy –a positive, inspirational foundation for my girls to spring from. My parents did wonders and their parents before them did their piece so I know I have to expand out and do my piece. I would love to ensure my girls and any future grandchildren I may be blessed with have the power to be financially secure and stable…money isnt everything, yet it gives you choices and opens door which you feel arent for you. As a parent I want my children to feel and appreciate and know where they come from and to have the grounding and stability I had…so hence one of reasons to be self employed is to provide a spring board to financial security for self and family. Thanks for bringing such an emotive topic up.

Reply

15 Adrienne Smith
Twitter:
June 7, 2012 at 9:45 AM

Hi Ntathu,

Thank you and I do hope that if just one person was impacted by what I shared then it was worth the time it took for me to put it into words.

I’m so sorry about the loss of your brother. We never expect to leave this world before our time. It happens to so many wonderful people, those who should have had a very long life. So to leave behind a legacy that their family can be proud of does say so much.

It sounds like you’re on the right path with showing your children that you can be self sufficient. Financial security is something we should all strive for and today just putting your money aside in a savings account or some type of financial institution won’t cut it for your children’s future. Being sure that you plan for them in a way that will pay off greatly I believe is the way to go. I think just knowing that they’re taken care of is peace in itself wouldn’t you agree!

Thank you Ntathu for sharing that and for knowing that you’re on the right path for your children.

I appreciate your kind words.

~Adrienne

Reply

16 Annie Andre
Twitter:
June 7, 2012 at 8:47 AM

This is a great message Adrienne.

For over a decade i worked relentlessly to climb the ladder kind of putting my hopes and dreams on the back burner for a while to build my legacy only to have the bad economy wipe it away..almost in the blink of an eye.

I worry more than ever what kind of legacy i’m leaving for my children everyday when i wake up. People think that because i live in France it’s all a bed or roses but what they don’t see is the underlying legacy i’m teaching my kids. They see me get up everyday trying to build something from nothing. I hope in the least that they are learning that if put their mind to it, they can accomplish whatever they want and that they shouldn’t follow the crowd or chase the status quo at the expense of their dreams. After all, safety really is an illusion Adrienne. Like you said about your dads legacy, it’s a crying shame that it’s not worth what it used to be. In the least you can at least try to be happy while building your legacy. don’t sacrifice your dreams.
And of course, leaving a financial legacy, a safety net for my kids is one of my major goals too.

Thanks for your thought provoking words Adrienne.

Reply

17 Adrienne Smith
Twitter:
June 7, 2012 at 9:58 AM

Thank you Annie, I appreciate that.

You are one of those perfect examples that anything can happen to us at any time. You’re definitely not alone.

Life doesn’t always go as planned right Annie! Even with the legacy that my granddad built it’s not what it use to be but had it continued producing the interest that it should over time it would be worth probably twice as much yet it’s gone the opposite direction.

My granddad worked for himself and showed his family that you don’t always have to follow in everyone else’s shoes. He was born in the 1800′s so you can imagine how tough life was back then. In today’s age, it should be a piece of cake right! Unfortunately that’s not the case.

I know that you and Blake are showing your kids that you don’t have to follow the normal road that people want you to go. You can make your own path and I have a feeling the legacy you’ll leave your children will be something they’ll be extremely proud of. Now, let’s get your financial one leading in that same direction and life will be grand! ;-)

Thanks Annie and you enjoy your evening. I appreciate your comment.

~Adrienne

Reply

18 Jens P. Berget
Twitter:
June 7, 2012 at 9:11 AM

I have started to think about the legacy I will leave behind, even though I am still fairly young, at least I feel young, I am passed 40 :-)

It’s a weird thing growing up, now everywhere I turn I feel that someone I know has cancer. It didn’t used to be like that. Five years ago, I didn’t know a single person that had any form of terminal illness. But, experiencing this has helped me think of death and dying. And, I really do want to leave a wonderful legacy for my family. And especially after reading “the last lecture” – an awesome book that made me think about life. This book (I read it several years ago) made me realize what life is all about.

I am not sure what kind of legacy I’ll be leaving, but I am working on it :)

Reply

19 Adrienne Smith
Twitter:
June 7, 2012 at 10:03 AM

Hey Jens,

I know that even at your age sometimes we think we have all the time in the world. But as I mentioned here, my best friend’s husband thought he had his entire life ahead of him. Heck, he didn’t even have a life insurance policy so you can imagine how devastated they all were not only with the loss of him but what happened with his family.

I know what you mean Jens and I’m so sorry that cancer has now shown it’s ugly head in the lives of people you know. I don’t want to dwell on things like this but it should be a big wake up call for many. We have to think about our family and make sure that they are being taken care of in some form or fashion. Having a legacy to leave them is what we should all be striving to do.

I know that you’re on a great path now Jens showing your kids that you can go into business for yourself and be successful. I have no doubt you’ll do fabulous too.

All the best to you Jens! :-)

~Adrienne

Reply

20 Carolyn
Twitter:
June 7, 2012 at 9:12 AM

Hi Adrienne, Very interesting post. I agree with Dee Ann, in these rough economic times, so many people are worried about making it day to day that they aren’t even thinking of a legacy. During the Depression my grandfather lost his business and was unemployed for years. They made it through somehow, kept their home and still gave to those who were more needy. But my father has impressed upon me that you never know what the future holds. Things you take for granted now might be gone tomorrow.

We try to be conservative in our family and save for the future. We don’t run up credit card debt and try to buy only what we can afford. My father learned his lessons during the Depression. My kids are learning their lessons from this economic downturn.

Very thought-provoking post, Adrienne!

Reply

21 Adrienne Smith
Twitter:
June 7, 2012 at 10:09 AM

Hi Carolyn,

Thank you and this subject has been on my mind a lot. I didn’t write it to depress anyone but to hopefully wake them up to what you shared here. We never know what the future will hold for us and we also never know when our time will come.

I’ve had relatives that let their children have anything they wanted. But that’s when life was good and the economy was great and everyone was working. Then things took a turn and they had to cut back and the kids rebelled because they had always been given what they wanted. People have to learn that you need to take responsibility for your life and how you want to be remembered. What kind of legacy do you really want to leave your family and are you providing for them financially in ways that will continue to grow as the years go by instead of worrying if what you’ve put aside is even worth much anymore.

I have no doubt that your kids are learning valuable lessons Carolyn. Thank you for sharing that with me.

~Adrienne

Reply

22 Harleena Singh
Twitter:
June 7, 2012 at 9:12 AM

Wonderful point to think about Adrienne!

I think few of us really sit down to think about the legacy we would leave behind for our kids and family, because just as Dee Ann mentioned, we remain so busy with our day to day lives that such thoughts seem a far-away cry. But yes, we need to realize that this is what we are earning for, our present and our future, as well as have something worthwhile to pass onto our generations and kids. It could be in the form of money, materialistic things, or even somethings of greater value like an honor someone received etc.

I remember my grandfather who was a member of the British Empire and being in the Army that was a great honor. So, even though he wasn’t rolling in riches, this remains more precious to us. Similarly, my father is decorated with numerous medals for war and his services to the Army, which again holds more value for me than the financial aspect that comes to us.

We are now trying hard to earn for our kids and leave them something, just in-case something were to happen to us, or after we are gone. Such thoughts should be a part of all of us, which is what makes us keep striving ahead.

Thanks for sharing and talking about a very important issues. :)

Reply

23 Adrienne Smith
Twitter:
June 7, 2012 at 10:17 AM

Thank you Harleena, I hope so.

I know that many of us never taken into consideration our financial futures for our children or what kind of legacy we’ll leave. We think we have all the time in the world to plan for this yet that’s not always the case.

Sounds like your grandfather and father definitely left legacy’s all of you can be proud of. I know that at my Dad’s memorial service I was so proud to hear all the things he had done for other people that we never knew about. He didn’t share that with us because to him it was just something he did. We all hope to be just half the man he was.

Thank you for sharing that with me Harleena and for passing on this post.

~Adrienne

Reply

24 Sylviane Nuccio
Twitter:
June 7, 2012 at 10:42 AM

This is a very important subject matter you’re touched here, Adrienne.

I do not have spouse or children, so leaving something for my family is not necessarily something I often think about, but something that I did think about is that even when you die you cost money to your family, because they need to burry you or dispose of your remains any way you’d like.

This is not free. So, even if like me you don’t have a direct family such as spouse or children, you most likely have parents or sibllings or both. You definitely might want to have something at least to cover such cost. Not a funny subject, is it? but it’s true.

When my brother and I were still small children my parents purchased lands in the village where I grew up and some of such lands, like in the case of your grandfather, have not resulted the kind of asset that my parents had expected for. Not even near. So, my advice to anyone reading this would be don’t trust this type of asset.

The problem with lands, for example, is that laws and local governments REALLY own them, NOT you. And their value will go up or down according to such laws and local governments. It really suck.

I know what type of investment you are talking about, Adrienne and I haven’t forgot about it :)

Reply

25 Adrienne Smith
Twitter:
June 7, 2012 at 11:03 AM

Thank you Sylviane, I think so too!

You are right, for you and I who don’t have a family of our own things still need to be taken care of. I got a life insurance policy after my friend’s husband passed away along with a will. My life insurance policy will cover the costs of burying me and I already have my headstone and plot so that’s been taken care of too. Not things I would want my family to deal with after I’m gone. Also, in the state of Texas if you don’t have a will the state gets everything you own. Most people don’t even think about those things so you can end up in court over family property if you’re not prepared.

But because I do have nieces and nephews, I want to leave something to them. I know they’ll have a family of their own someday and I want them to look back and remember me for some small part I was able to play. I hope that part will be pretty darn big by that time though. ;-)

The value of property does go up and down Sylviane. Just like in your native country and just like what hit us here in this economy, you’re stuck with property you can’t get rid of that you still have to pay taxes on. That can really be hard on a lot of people you know! That’s why they should invest wisely, like the wealthy do and prepare for these times because they will come back around and I plan on still being here.

Thanks Sylviane and I know you haven’t forgotten. You just keep up your excellent work and we’ll talk when the time is right!

~Adrienne

Reply

26 Chris
Twitter:
June 7, 2012 at 11:16 AM

Hi Adrienne,
IMHO nobody is prepared for death, even if he/she tells you, that he/she is. It’s very personal – some people plan some kind of legacy even before 35 ;) – they have children and they must think about it. But I also know some people, which doesn’t care about it, and are very happy with it…
BR, Chris

Reply

27 Adrienne Smith
Twitter:
June 7, 2012 at 11:39 AM

Hi Chris,

I think that a lot of people prepare for it Chris but that doesn’t mean they welcome it. Knowing that they have everything lined up so that their family will be taken care of is one thing. Leaving a legacy behind is important to a lot of people. Then as you mentioned, there are those who could care less. Not quite sure why but luckily I don’t know any of those people. ;-)

Thanks for sharing your thoughts on this topic. I know it can be rather touchy!

Reply

28 Toshiba Burton June 7, 2012 at 11:24 AM

Hi Adrienne really love the inspiration you’ve brought on here, death is something that none of us really think about unless we get ill or something.

The legacy I plan on leaving behind is my business & financial security to my son (& grand kids one day), this is extremely important to me I have seen so many people leave this world only for their families to worry about how they are going to pay for funeral expenses, medical bills, etc but I refuse to leave this type of burden on my family.

Thanks for writing this posts love it

Reply

29 Adrienne Smith
Twitter:
June 7, 2012 at 11:47 AM

Hey Toshiba and thanks for the visit. Glad you enjoyed this post and it’s not a topic we all welcome.

I guess because I lived with a Dad who fought cancer my entire life we had to be prepared. No one wants their lives to end before we’re ready but it happens much more than we care to see. The sad thing is that 99% of the people in the world today don’t think a thing about it until something happens to them or a loved one. All of a sudden it’s a wake up call. Just like it was for me 12 years ago. My Dad had continued to survive his struggles but then knowing that anything can happen to you at any time is just scary.

I’m so thrilled to hear Toshiba that you are preparing for your family’s financial future. I believe joining network marketing is a great direction to take because it is a business that just keeps on giving even after you’ve quit working. I also hope that you’re considering other ways to provide for their future besides the good old socking it away in the bank method. Leaving a legacy for your children is so important because they can then continue passing that down to their children as well.

Thank you for sharing your thoughts on this subject. You’re such a good Mom! I hope your kids are proud of you. :-)

Reply

30 Cat Alexandra
Twitter:
June 7, 2012 at 1:32 PM

Dear Adrienne,

Oh boy is this ever a timely subject for SO many! I’m happy to see you here helping people to think about what may lay ahead of us in time, if not for ourselves, for our families!

I have been shocked over the years to see how many breeze through life with such a cavalier approach to things, not usually taking more than a month or so ahead into thought. I think I used to be like that at some time, but it was a long time ago…college life put things into focus for me when I realized how long college loans could take to pay off.

The truth is that tomorrow is promised to none of us. – Not to bring the “big heavy” morose stuff too much to our minds…but we do owe ourselves and loved ones some consideration and a bit of pre-planning for the unexpected.

Thanks for sharing such a constructive reminder with us all, Adrienne! You’re certainly lighting a path for those who are seeking an avenue!
:-D
Cat

Reply

31 Adrienne Smith
Twitter:
June 7, 2012 at 1:55 PM

Hey Cat,

No one likes to “think” about what may or may not happen Cat but it’s really “smart” to do that.

We both know that nothing is guaranteed in this life. Not your health, not your JOB, not your relationships, nothing. So to at least take control over the areas that you can is the smartest thing you can do for yourself and your family.

I was very fortunate that my family paid for all of us to go to college. Okay, I’m the only one who didn’t although I did actually go a semester and a half before knowing that was not for me. I think it’s great if parents can pay for their kids to attend college so wouldn’t that be great if everyone could do that!

To leave a legacy for your family and just know that they’re taken care of. Isn’t that what’s important in life in the grand scheme of things!

It’s never a pleasant topic to address but that’s what I love about the online industry. It gives us other options to provide a better life for our family and financial security for their future.

I appreciate your comment and glad to pave the way for people to actually take in consideration what lies ahead of them. What opportunities exist for all of us and we’re the only ones who can do something about it starting this month.

Thanks Cat and enjoy your day!

~Adrienne

Reply

32 Stacy
Twitter:
June 7, 2012 at 3:20 PM

Hi Adrienne,

This is an important topic and one that’s dear to me. There are different types of legacies that we can leave our families. Financial, spiritual, educational, traditions, etc. I put a lot of thought into the legacies that I want to leave for my children and beyond.

My husband and I have a network marketing business that we are building to bring in residual income. Our 5yo is already convinced that it’s his business too. :) I’m also starting to write novels which can work to bring in residual income because authors make money on their sales many years after writing the book. Those are two ways that we are working to leave a financial legacy.

I’m homeschooling my kids to leave an educational legacy. We have other special things in our lives to promote spiritual and family tradition legacies as well.

Thanks for this inspiring post!
Stacy

Reply

33 Adrienne Smith
Twitter:
June 7, 2012 at 4:17 PM

Hi Stacy,

I’m so pleased to hear that this topic is important to you and your husband. That you’re doing something now in the hopes to help your children and their future in so many different areas like you mentioned.

I love that your five year old thinks that your network marketing business is his. That’s too precious… Watch out, he’ll be doing that himself too I’m sure.

I have another blogging friend that home schools her children too so I bet that’s so rewarding. Knowing that you are the one educating your children and providing for their future.

Thank you for sharing that with me Stacy and I loved hearing that.

~Adrienne

Reply

34 Lisa
Twitter:
June 7, 2012 at 6:12 PM

No only what you will leave behind but how you would like things “handled”. I think it makes it much easier on those left behind if they know what is expected and what the one passing would want for services, etc. Even things like living will etc if someone is on life support at the end. It puts others at ease to know what that person wants. So by planning ahead you can leave a little peace of mind during a difficult time. Life insurance is good too :)

Reply

35 Adrienne Smith
Twitter:
June 7, 2012 at 7:06 PM

Hey Lisa,

This post was intended mostly for people to understand the importance of what a legacy could mean to your family. Not that it’s a necessity but let’s face it, wouldn’t you like to leave behind financial security for your children and possibly their children if possible! When you have your affairs in order and have invested in assets such as the wealthy, that’s very possible to achieve.

I know that as far as the subject of making preparations go, I would agree with you. I know that in my family all of that is taken care of already, even with me. My Dad had a living will and that’s what we had to read so that we could abide by his wishes. He was not conscious the last week and a half of his life. Planning ahead is crucial I believe no matter how old you are. It’s just the right thing to do.

Thanks Lisa, I appreciate your comment.

Reply

36 Lisa
Twitter:
June 8, 2012 at 4:26 AM

Sorry Adrienne that I got a little off topic there. It just made me think of the differences I’ve seen when people knew what to expect when someone passed on. Yes, I would love to leave some financial “legacy” to my 2 boys. I hope to leave them the online business so they would not have to “work” for anyone else. I am concerned about this economy and folks my age – if we will ever be able to retire and have money left for such a legacy. I sure hope that will change and things will get better.

Reply

37 Adrienne Smith
Twitter:
June 8, 2012 at 11:07 AM

No problem Lisa, I understand. I was trying not to take the post in that direction because I didn’t want to freak anyone out. I mean it is all part of the big scheme of things right! We still need to prepare because we never know when I’ll time will come.

I hope your two boys will want to continue what you’re doing. If my Dad had wanted to leave his business to me I would have passed. It wasn’t something I was the least bit interested in so we never know what the future will hold for the kids.

There is a way to invest though Lisa so that if and when the economy takes a nose dive again, which we all know it will, your investments won’t be affected. Oh yeah, you can leave a huge legacy for your kids and I have a feeling that would appreciate the heck out of that. If you’re interested, let me know and I’ll share more. :-)

Reply

38 david June 7, 2012 at 7:02 PM

Hi Adrienne, that is a very good point you bring up about legacies.

The fact that your Grandfather’s legacy had diminished in value due to inflation shows us all that the value of money is ever decreasing. It is very hard to plan a legacy that will survive the test of time.

But the desire is strong in all of us, to leave behind something good for our family. I know that I want to.

Reply

39 Adrienne Smith
Twitter:
June 7, 2012 at 7:14 PM

Hi David,

Thank you, I’m hoping it will get people to thinking.

I know what you mean and he would be heart broken knowing how hard he worked to provide for his family. Don’t get me wrong, it’s still pretty substantial, but it’s diminished quite a bit and will only continue to do that with time. We all need to make sure that what we do invest it holds it’s value so that this won’t be an issue when it’s our time to pass ours on. That’s the direction I’m going.

I believe the desire is strong in all of us, you’re right David. I just hope some people will take those measures that are needed.

Thank you for sharing that.

~Adrienne

Reply

40 Adam Snyder
Twitter:
June 7, 2012 at 9:15 PM

Adrienne,

Another excellent article.

For me I would like to leave my family with a business to ensure they are financial stable for the rest of their lives. I have two uncles who made their fortune in Real estate and another on in oil, so learning from them is something that I have been fortunate enough to do.

One of my biggest goals is to start and build a multi-million dollar real estate investment firm. I am getting close to starting it slightly ahead of schedule, so once that happens I hope to leave that as my legacy.

Only time will tell.

Adam

Reply

41 Adrienne Smith
Twitter:
June 8, 2012 at 10:28 AM

Hi Adam,

Thank you, I appreciate that.

Sounds like you have exactly in mind what kind of legacy you’d like to leave your family. So happy to hear that your uncles were able to help teach you a little something about being a fortune.

I have no doubt that once this economy’s down turn is over that things will start to pick up again. Hopefully within that next 30 years span you can create a large fortune in real estate. It sounds like you have enough drive and determination to succeed.

As we discussed last week, there is another way you can help build that legacy for your family as well. Even if you just use it as an investment method so I’m sure you can see the potential there. Ah, just think what your family will have then. ;-)

Thanks for sharing this Ada and you’re right, only time will tell.

Enjoy your weekend and always a pleasure to have you stop by.

~Adrienne

Reply

42 Colleen Kelly
Twitter:
June 7, 2012 at 9:21 PM

Hey Adrienne!
I do think about this. Taking care of Mom, I got a late start. I’m just now learning everything about what I want to do with my life and learing how to take care of myself. Feels weird to be in this position… but not. I am just learning things now. Money, everything. Insurance, etc. It’s all new to me. I do think about it. But I’m not married (right now) ;) (hope lives lol) and I am taking it one day at a time and one situation or subject at a time. I fure it’s the best way to go. Sometimes I think I will never catch up. But It’s not going to be a “catch up” situation. It’s going to be a Colleen starting from where she left off and just being me and growing from there ..like everyone else did.
I wouldn’t even no where to start to ask you a question. I need to know everything! lol Thank you for a interesting and thoughful post. We all need to think about this stuff and can need a push to do it! Thanks! ;)

Reply

43 Adrienne Smith
Twitter:
June 8, 2012 at 10:39 AM

Hey Colleen,

At least you’re starting at the beginning so you can start thinking about this early. Even though you aren’t married and have no kids I’m sure that’s something you’d like some day.

We can have a more in-depth conversation about this if you’d like and I can at least share something with you that I know you’ll find very interesting. Whether you’re ready to get involved in that or not will definitely be up to you but I think you’ll be able to see the potential in it. I’m sure your family will as well.

Thanks for sharing your thoughts Colleen and we all have to start at the beginning young lady. :-)

Reply

44 Mayura
Twitter:
June 8, 2012 at 12:02 AM

Sorry, this post isn’t for me. I’ve already planned to live 100 years with my darling ;) Jus’ kidding Adrienne :D

Uhm… Still I have no plans yet except for donating my organs and managing my blog as I still live with my parents and will until I marry. I think about a day I leave this world and further no posts on my blog ;) So I said my girlfriend, if it happens, get into my all social accounts and blog, leave a message that I will be there no more to post again. Don’t worry, she will take care of it. No… Parents had enough responsibilities of me, I don’t wanna point mine at ‘em. Also they and my siblings have no idea about my works, even don’t know I have a blog. Many things more, ha ha :D but they are only for her. How does it feels? ;) I used to say I’m gonna die for my girlfriend (It scares her, but it’s not my point) and it makes me think that when I die I should not leave my leftovers for others, even for my parents. May be not all, but minimize ‘em. I should take care the things of mine and others shouldn’t responsible for ‘em. They have got their own work to do.

However I’ve got a plan for future :D I’m not a negative guy who thinks about my death. I think it so I can be positive each day and try not to hate others. See I do appreciate people. What if I die tomorrow? Ohw then I will be sad about not appreciating ‘em. I think about investments and all. Think about three phases. What if I die before marriage, what if I die soon after marriage or what if I die later on (When I’m 100 ;)). Mostly marriage is here what we start to take responsibilities and until then we live with our parents. I would like to run my own business later on and yeah, I love the song “I have a dream” by Abba.

If I die before marriage, my siblings will take care of my parents. If I die after marriage, that’s critical. So I always encourage my girlfriend to stand herself so she can manage it all even after. Sometimes I try to relate her into my works but she’s not much interested in. I can’t force her into :) If she depend only on me, she has to start it from the scratch. When I start a business, I know what should be done to prevent it from being a headache for my family. I’ learning. So many things, but as I move on, ’cause still I’m not holding greater responsibilities.

Nice topic Adrienne :) A topic I love to talk about, and no I don’t think I’m giving away my personal life. I just shared my plans and how I’m gonna face it as a young person. Yeah, I’m bit of crazy guy ;) But I think every person should have their own way to survive rather than depend on others. Then risk can be minimized. I suppose all commenters here more experienced than me :) So I love advices.

Cheers…

Reply

45 Adrienne Smith
Twitter:
June 8, 2012 at 10:54 AM

Well thanks for sharing all of that with me Mayura.

I know you’re still young and I’m not sure how they do things in your country exactly but with this post I wanted to acknowledge the fact that the wealthy leave substantial legacy’s for their family. Of course they are at that place that because of their fortunes they are able to provide for their families so they don’t have to worry about finances.

With the simple working guy or gal here in the US, the majority of us find it hard to save because we don’t have wealth on our side. But there are so many ways to be able to get that point that I don’t think a lot of people even realize. I didnt’ because I never bothered with any of that.

But no one wants to leave this world without taking care of matters before their time. It can come at any time, unexpected and sudden. I just hope this post helped people realize the importance of taking care of things for your family and start providing for them so that the legacy you leave will be one that’s remembered for a very long time.

Thanks Mayura and you enjoy your weekend. Always a pleasure to see you.

~Adrienne

Reply

46 Mandy Allen
Twitter:
June 8, 2012 at 3:56 AM

Hi Adrienne, good points you’ve made, however another side to this is the stories of people who have invested sensibly and been left with relatively little. My great aunt died 3 years ago and she had been investing money in savings plans with insurance companies since the early 80′s. When she died none of them were even worth the money she had put into them. It makes the next generation wonder whether it’s worth it. Similarly my mother is about to draw on her long term pension that promised the earth and is actually returning very little. If anyone was lucky enough to draw on their investments in the 80′s they did very well, since then everything has fallen badly. Personally I would recommend investing in tangible items. Gold and silver are always going to hold their value and will increase in the future, as they always do, although a lifetime of collecting these objects can fill your house up!

Enjoy the journey.

Mandy

Reply

47 Adrienne Smith
Twitter:
June 8, 2012 at 11:04 AM

Hi Mandy,

That’s the point of this post. The wealthy don’t invest in financial institutions like your aunt did because of that exact reason. There are other ways to invest that retain their worth and will never lose it.

My Mom’s neighbors had invested everything they had in Enron and their stocks were worth millions. That is until it collapsed and they lost everything. Those are the types of things that happen which is the reason you need to invest smarter.

You are absolutely right Mandy. Tangible items like gold and silver that won’t lose their value is the way to go. I don’t know about you but I’d love for my home to be filled with those. Bring em on girl.

Thanks for sharing that and I hate hearing stories like that. Just makes me sad.

~Adrienne

Reply

48 Bill Dorman
Twitter:
June 8, 2012 at 7:28 AM

The reality is, because of the economy, I am worth much more dead than I am alive. Because of this, I have to sleep with one eye open; have you ever tried to do this?

If something happens to me before my time, my family will be ok. My legacy is, I have raised two fantastic boys who are now young adults and perfectly capable of making it on their own should I not be around. When I wanted children, I thought I would be a good dad so I’m glad my kids turned out like they did, and their mother certainly played a big part of that.

I think the best legacy we can pass on is hope and opportunity because at the end of the day, each one of us has to be able to ‘figure it out.’ If anything is going to happen, it will be because of us individually, right?

Reply

49 Adrienne Smith
Twitter:
June 8, 2012 at 11:14 AM

Hey Bill,

I have a feeling your family isn’t quite ready to kill you off yet! At least you sure hope not right! ;-)

With you in the business you’re in I have no doubt that you’ve planned well. Knowing that you’ve raised some wonderful kids is something to be very proud of. I’m sure that you have a great relationship with them and they’ve learned a lot from both of you.

Seeing your kids blossom into strong adults must be a very proud feeling Bill. I know that I still think of my Dad everyday and know that he taught me so much and I was so very proud of him. He also touched a lot of lives because it was standing room only in our church at his service. We had an ice storm that day which we never have so a lot of people weren’t even able to attend. That’s the kind of legacy I’d love to leave. I have no doubt you will as well.

Thanks Bill for sharing that and you enjoy your weekend.

~Adrienne

Reply

50 Richard June 8, 2012 at 9:50 AM

I hope my biggest legacy to my children will be a good education. While financial security would be great, I want them left with the ability to fend for themselves and contribute back to the world as well. And if I teach them good moral values along the way, they should turn out to be good people.

Reply

51 Adrienne Smith
Twitter:
June 8, 2012 at 11:18 AM

That sounds wonderful Richard and I have no doubt that you will or have achieved just that.

I hope they’ll continue to leave the same legacy to their kids and pass it on down the line.

Thanks for sharing that with me. :-)

Reply

52 Jack
Twitter:
June 9, 2012 at 3:10 AM

I see my blog as being a big part of my legacy. If my kids want to see what I think/thought at particular moments in my life or get a sense of what their dad would do in certain situations this blog should help.

Reply

53 Adrienne
Twitter:
June 9, 2012 at 12:05 PM

I hope your kids actually read your work from time to time Jack. I wish my Dad had something like that. He would write us a letter every so often and man the stories he would tell. But he refused to put them on audio because people’s thought process when he was growing up was very different and he didn’t want anyone in today’s age getting the wrong impression. Most of what they did was in good humor but today it’s probably not seen in the same light.

I have no doubt your kids are very proud of you Jack.

Reply

54 Oliver Tausend
Twitter:
June 9, 2012 at 8:01 AM

Hi Adrienne,

thanks for touching on this subject. A friend of mine says:”Dying is not a matter of age, it’s a matter of opportunitiy.” Well, he’s an attorney which explains his sense of humour. But isn’t there a certain truth to it ?

Leaving a legacy is an awesome concept that used to be completely unknown to me, three years ago. Well, let’s say, a had an incomplete notion of it, I was only thinking of passing material stuff on to the following generation. That is OK but a true legacy runs way deeper than just that, doesn’t it ? If you want to leave a legacy, you have to look at what you’re doing – is it really legacy-proof, that means is it your material and intellectual property ? For example, the customer base you generate in your network marketing business or your franchise, whatever it is – or does the goodwill belong to the company when you pass ?

Thanks for sharing your insights.

Take care

Oliver

Reply

55 Adrienne
Twitter:
June 9, 2012 at 12:40 PM

Hi Oliver,

Sounds like your attorney friend has somewhat of a warped sense of humor. I definitely never viewed it as an opportunity!

I never thought about it that way Oliver. Our legacy of goodwill being passed on to the company we’re part of. I would hope that the company in whole would have such goodwill that we would have been a part of why it’s like that.

I agree that your legacy can be viewed in so many different ways. Everyone has their own definitions. Financial means is something that most people really want to be able to provide for their families. Then we have their goodwill and dedication to people and/or organizations.

For instance my Dad fought cancer as you very well know. Because of that he volunteered at MD Anderson Cancer Center here in Houston. He helped create the Anderson Network which is a network that helps people who are coming from everywhere understand what’s to be expected and help getting them to where they need to go. A lot of people come from small towns and are very overwhelmed coming to such a large facility. We have a plaque that was dedicated to him in his honor as well as he was recognized at a banquet they had several years ago for his contribution to the network. He also learned Spanish so he could communicate with the patients and would go around and speak to them who were there for surgery. A doctor can tell you what to expect but they haven’t been in their shoes.

To me he left a wonderful legacy for us all to be so very proud of Oliver. People still remember him today even though he’s been gone for nine years and had to stop volunteering probably five years before that. He made a huge impact on a lot of lives.

Thanks Oliver for sharing this and sorry I kind of got off on my own tangent. :-)

Reply

56 Oliver Tausend
Twitter:
June 9, 2012 at 4:05 PM

Hi Adrienne,

wow, this is a very powerful story, I appreciate you sharing it ! No need to apologize…your dad’s legacy is certainly something to be proud of. No one can fathom what it is all about unless they made the experience themselves.

Ah yes, well, chances are the word “opportunity” is not the best translation, let’s say “occasion”, I guess it’s a little bit more neutral, isn’t it ?

Be blessed

Oliver

Reply

57 Adrienne
Twitter:
June 9, 2012 at 8:45 PM

Sorry I rambled there Oliver, I guess I got a little carried away. You’re right though, unless you’ve lived through it people usually can’t even fathom. I would much rather no one ever have to live through that so I would prefer them not being in the know.

I love that, thanks Oliver. We all have our own way of expressing ourselves don’t we!

Thank you so much.
:-)

Reply

58 Jason "J-Ryze" Fonceca
Twitter:
June 9, 2012 at 1:09 PM

Awwww yeah! Now THIS is my kinda post.

I love John Maxwell, and I love legacy.

I know it’s not ‘normal’ but I’ve been thinking and focused on my legacy since I was 25, and the majority of my investment is *in myself*. In my life experiences, in my stories, in my brand, in my company, and in every heart I’m able to impact. Yes it involves massive financial flow + power, and yes it involves, friends, family, and fame.

But watch out world, because it’s more than even that.

The Ryze Legacy is already unfolding, I’m at peace with it, it’s beautiful, and I’m proud and happy with my part in it. :)

Reply

59 Adrienne
Twitter:
June 9, 2012 at 1:37 PM

Thanks for sharing that Jason and I’m happy to hear you’ve been thinking about this since the age of 25… You are on such an awesome path in your life so you’ll be able to help a lot of other younger people realize they can start just as early as well.

I also believe with financial abundance comes the opportunity to impact even more lives. Look at John Maxwell and even Tony Robbins. How many people they’re able to reach because of their popularity.

Bravo to you and here’s to the Ryze Legacy!!!

Reply

60 Jason "J-Ryze" Fonceca
Twitter:
June 10, 2012 at 2:34 AM

Yeah, rockin’! :)

Thanks so much Adrienne, that’s part of the plan ;)

I believe the same, and love that you mention Maxwell + Robbins, both people who’s shoulders I stand on.

Right back atcha!

Reply

61 David H. Paul June 9, 2012 at 7:58 PM

Hi Adrienne,

One of the major questions that I was asked, before I joined my current mentor in network marketing was, “What kind of legacy do you want to leave.” My answer is this:

1. In business I am building it once, building it big, and building it to pay my children’s children.
2. In my world community I am leaving a legacy of freely giving unconditional love, top notch training and the power of the mastermind to all who ask for my help.
3. In my family I am leading by example as I Follow My Bliss to home business success.

To your Peace and Prosperity,

David H. Paul
the Follow Your Bliss guy

Reply

62 Adrienne
Twitter:
June 10, 2012 at 12:53 PM

Hi David,

Welcome to my blog and thank you for sharing this with me.

Boy, you definitely have that all figured out already so I applaud you for that. Not many people do so hopefully some can take a note from your book.

Thanks for sharing and again, for your comment.

~Adrienne

Reply

63 Ehsan
Twitter:
June 10, 2012 at 6:57 AM

Interesting point Adrienne. You are aged women and have great experience about such topics like this, but as you might know. For now I’m just 18 years old. This type of articles increases my knowledge. Thanks again.

Reply

64 Adrienne
Twitter:
June 10, 2012 at 12:57 PM

Being just 18 years old Ehsan, this is the best opportunity for you to decide what kind of legacy you want to leave your family. You are at such a young age that you can start a lot earlier than most of us did. I have no doubt you’ll create a fabulous legacy for your family. :-)

Reply

65 Shalu Sharma
Twitter:
June 10, 2012 at 7:04 AM

You know I never thought about this. I am in my 30′s at the moment and have children. It gives me the shivers when I start thinking about death. But I guess death is just the beginning as an Indian point of view. I really don’t know what my legacy will be. Sometimes I have this feeling that no one will would really care when I am gone. Perhaps a couple of days and then back to normal.

Reply

66 Adrienne
Twitter:
June 10, 2012 at 12:59 PM

Hi Shalu,

There is no time like the present to start building that legacy you’d like to leave for your children. How do you want to be remembered when you’re gone, what kind of things would you like to leave for your children, what would you like to have taught them that they will cherish forever? Those are some things you can start thinking about now. I have no doubt that if you were to leave this earth tomorrow, you would be greatly missed.

Thanks for sharing that.

~Adrienne

Reply

67 Tim Bonner
Twitter:
June 11, 2012 at 1:59 AM

Hi Adrienne

I have 2 young kids (aged 1 and 4) so the subject of leaving a legacy is always in the back of my mind. My wife and I made a huge decision at the end of last year that I would give up my career in pensions and look after the kids.

Whilst this hasn’t helped in terms of me leaving a legacy directly, it has improved my kids lives (I hope!). It has also allowed my wife to focus more on her career and from that she got the promotion she deserved. I therefore think I indirectly helped with the legacy ;-)

One good thing is by doing it this way, I can focus my attentions more on my blog and internet marketing. I really enjoy it and am trying to shape my future around it. I really hope I succeed so then the legacy will be taken care of!

P.S. I’m also very curious about how you might be able to help me with this.

Reply

68 Adrienne
Twitter:
June 11, 2012 at 9:15 AM

Hi Tim,

I think that’s really great that you and your wife decided that was what was best for your family right now. For you to stay home with the kids and I have no doubt they really enjoy having Dad around all day. I think that in itself says a lot because they will grow up knowing that you’ve been there for them and you’re also teaching them that they can pursue any type of career they want. Mom is off doing her thing and Dad is working from home. It’s their choice.

I believe that the type of legacy you’re providing for your children is one they will remember. I have no doubt that over the years you’ll have more and more to share with them. I have no doubt that they feel very loved and that’s the most important thing.

Thanks for sharing that Tim and I’ll get in touch with you about that. :-)

You enjoy your week okay!

~Adrienne

Reply

69 Sue Price
Twitter:
June 11, 2012 at 2:42 AM

Hi Adrienne
This is such a good topic and such an important one. Given my background as a CPA and Financial Planner I have been around these discussions for years now.
In our financial planning practice we had a questionnaire we went through with clients at the first meeting with them. One of the questions was about what they wanted to leave behind for their family. We did not use the word legacy but that was the general idea.
I have had people tell me they wanted to leave everything to kids, grandkids etc and I have had some tell me they wanted to leave money to various charities. I have also had people tell me they wanted to spend every last penny before they go and leave the family nothing!!!
So I have heard many ideas on the subject.
But most people wanted to invest and have something to leave behind. Our idea was for them to have a nice balanced portfolio of stocks and property etc. We all know what happened to much of that.
So like you I see the legacy as something a bit different. I like Oliver think a network marketing residual income stream is a great thing to leave behind us.
Since I recently joined the same MLM as you I see a whole new world of what we can leave behind. But I will not blow the mystery you have created here :-)
Great post Adrienne

Reply

70 Adrienne
Twitter:
June 11, 2012 at 9:21 AM

Hi Sue,

Thank you so much for sharing that and because of your background, you of all people know how important it is to plan for your future.

I think that the majority of people want to leave something behind for their families. Not all of course and I actually have a few relatives that plan on leaving their legacies to charities as well. They have no children of their own and they don’t want to show favoritism by not sharing their worth with the entire family (we’re kind of big).

The way I was brought up was to invest just like you mentioned; stocks, bonds, stock market, etc. You can’t make much anymore going that route and I’m so very blessed now to have learned how to do things differently at this stage of the game. I may not have children of my own but I will be extremely proud to leave my legacy for my nieces and nephews. I hope to make them very proud.

Thank you Sue for sharing that. I hope others will realize that the old route we use to take no longer is profitable. ;-)

Enjoy your week.

~Adrienne

Reply

71 Mitch Mitchell
Twitter:
June 11, 2012 at 9:02 PM

Well, we’re in a reflective mood, aren’t we? I actually understand it because I’m coming up on the anniversary of my dad’s passing and I’ve been thinking about it a lot as well.

I also know what you mean by legacy, as I’ve thought about that. My hope is that I’m still blogging for awhile and write more books and get the opportunity to travel and speak to a lot of people and hopefully change a few lives and leave a few memories. And if it all translates into the dollars I’m hoping for, it’ll all be good.

At the same time I’m thinking I have maybe 15 years or so to get it done on the safe side, so I need to be more than I am now. Can I get it done? Well, I guess time will tell. Who knows; one of these days maybe I’ll start making some of those lists that people put together and then I’ll become a star; you’re already there. :-)

Reply

72 Adrienne
Twitter:
June 11, 2012 at 9:25 PM

Yeah, I have my moments Mitch! Hope I didn’t get too depressing or anything.

Oh, your anniversary is approaching? Ours was back in February and I can’t believe he’s been gone nine years already. It still seems like yesterday to me. Something I guess will never leave my mind.

I hear what you’re saying. I know that you do make a difference with your blog Mitch and I hope I do as well. I think we’ve helped a few people along the way and isn’t that what’s really important. Hopefully over the course of several more years we’ll up that even more and our legacy will be something we’re very proud of.

Oh Mitch, don’t you dare cut yourself short. I have no doubt you’ll make it and achieve anything you put your mind too. You’re just that kind of guy. You’re determined and go after what you want. So you just keep your eye on the prize and those 15 years will be flying by. Yikes!!!

Hey, have a great week okay!

Reply

73 Ashvini
Twitter:
June 12, 2012 at 3:52 AM

Hi Adrienne,
I don’t have to worry about legacy that much because I don’t have kids to worry about ;).
However on a serious note, legacy presents an important thing. It is the amount of impact that you had on society according to me. There are so many problems in the world and only a very few to develop solutions for them. I think the impact of the social reformers, leaders and responsible politicians is to make world a better place to live. They can make a difference on large scale.
For people not so rich(like me) , I try to take small steps that help people and because of which they remember me. It makes not only in philanthropic sense but also business sense. If I have a lot of money, I would spend that in creating hospitals, education centres, recreational parks that are so much needed here now. Money to me only means getting food on time and living a comfortable life. Nothing lavish needed.
I think you also follow the path of making other’s lives better and probably you will agree with my thought process :).

Reply

74 Adrienne
Twitter:
June 12, 2012 at 9:21 AM

Hi Ashvini,

I understand what you mean because I don’t have children either. But I do have nieces and nephews that I would hope to have some impact on their lives although I know their parents are doing a wonderful job as well.

Society as a whole can always use some improving. I wish everyone would step up to the plate in hopes to make this world a much better place. I do believe that people can make a difference in this world. It just takes one person at a time.

That sounds like a wonderful plan Ashvini. I have a feeling you make a huge impact on people, I know you do in the blogosphere. It just goes to show you that it doesn’t take much to make a difference in people’s lives. You keep doing what you’re doing and I have no doubt everything will fall into place for you and the next thing you know you’re off helping the world. :-)

Thank you for sharing that and I sure hope so. I think I’ve helped a few people since coming online and I would love to help even more.

Thanks Ashvini and you enjoy your week.

~Adrienne

Reply

75 Linda June 12, 2012 at 6:38 PM

Hi Adrienne,

My family has no interest in anything I do..lol. But, my future does not evolve around them, it evolves around me! Selfish I know.

My son is doing well on his own right now – he is able to afford what he needs, for the most part. He needs to do well as I am in a bad situation right now and wouldn’t be able to help him or anyone for that matter – ha!

But, I am not worried about my future as I know what I have coming, but I would really like to get something coming in within the next few months that can make me happy and not have to constantly worry about how to pay the next bill or something unexpected. I’ve got so many things rolling around in this brain and having not been around for the past month and a half, it’s boiling down to basically what should I do that people really want and need. Like which niche to choose.

At this point I really do NOT want to make a product – I bought something on Sunday that sounds like a better plan, but I still need to drill it down to what should it be.

Anyway, I got off topic a bit, but I really need to get on it ASAP so I can be in a better situation :)

How are things going with you? Is that network marketing working good for you?

Linda

Reply

76 Adrienne
Twitter:
June 12, 2012 at 9:52 PM

Hi Linda,

I know you have your hands full and things haven’t been going all that great for you this year. But I like to stay positive and know that when you do put your mind to something everything falls into place. I know that about you Linda.

Glad to hear your son is doing good.

I’m on the fence about a product at the moment, keep going back and forth but I’ve gotten some good feedback about it so we’ll see.

Things are great with me actually. Network marketing is great and so is my blog, life is good girl.

Hope you’re having a good week and we’ll catch up soon.

~Adrienne

Reply

77 Donna Merrill
Twitter:
June 14, 2012 at 3:00 PM

Adrienne you have brought up a question that what I believe is one everyone’s mind.

First I would hope that I have lead a life of example. Giving to others, keeping traditions and making ethnic foods during the holidays. Treating the young with respect so they can grow to respect you. Passing the knowledge on that the elders are an important part of our society. Respect must come back to that crowd. They lived and learned so much just by going through time. With time comes wisdom. I would like my family to remember how care taking my father-in-law was a blessed experience until he died at home with us surrounding him.
I guess it comes down to ethics and morals of my own life that I don’t tell people to do, but hope that by example they notice the joyful world I have created for myself. Of course spirituality. It is important to me that my legacy includes the belief that there is a God, a higher being that is always there with a love that we cannot imagine and mercy.

But then it comes to the finances. I have a portfolio already in place. Being an entrepreneur all my life lead me there because there is no pension and social security is a joke.

What I do want to create more than anything financially is the investment of metals. Gold and Silver. I worry about my kids’ future in this crazy economical world. I feel strongly in my heart that this is one strong investment that will grow in the future.

I do have real estate, but due to the changes of the rules, and the economic state, that may lose it’s value. It hasn’t yet…I’m blessed to have awesome tenants.

As for money in the bank and stocks…those days are long over and that has to be shifted for that financial legacy.

Thanks Adrienne
Now I can cut and paste this and have it in my folder of “when I die” ha haha
Donna

Reply

78 Adrienne
Twitter:
June 14, 2012 at 3:55 PM

Hey Donna,

I appreciate that and I do believe this is a very important topic. One a lot of people either just don’t think about or it hasn’t crossed their minds yet.

I have no doubt you’ll be remembered in all the ways you hope. You have such a loving family, people who love you so much and look up to you. Plus, you’re a really fun grandma. ;-)

You are a very smart lady and thinking in the right direction. I know none of us can predict the future, okay you can cause you’re physic… lol… But seriously, I believe that everything we ever thought in the past will not carry us into the future. Just like my grandfather’s legacy not being as valuable as it was even with it being invested to do just that. He would be so disappointed in what’s taking place right now.

We’ll be putting my Mom’s house on the market fairly soon and I hate to say that she definitely will not get what it’s really worth. To think that was what we were taught, to invest in real estate and that it will carry us through. You’re very fortunate to have great tenants. I pray when the time is right to sell that you get what it’s worth.

Thanks for sharing this with us Donna and for adding to this conversation. I think that maybe as we get older we may think about this more. Unfortunately sometimes we all aren’t blessed with forever.

Appreciate your comment Donna, thank you.

~Adrienne

Reply

79 Carol Lynn
Twitter:
June 19, 2012 at 3:34 PM

Wow, this one is really a loaded topic especially considering how things are playing out in the economy. It’s important to plan, I agree. Unfortunately plans get derailed, too. I know many people who planned quite carefully. They invested in retirement plans and saved money. But unless you save your money under a rock, there is still risk. Unfortunately, some very good people I know were left completely decimated. In fact, I know people, even family members, who were ready to retire when they saw their retirement funds cut into shreds and now at 70 and 75 years old they are still working in the hopes of making up the difference, even a little. I am fortunate enough to be young enough that I have a bunch of years ahead of me (hopefully!) but even I saw my retirement investment cut in half. With 20 years to recover, that’s maybe not so bad. Others have not been as fortunate. The value of stocks and real estate has taken a hit. At the moment gold may be up but who can say what will happen? Quite sad.

When it comes to legacy I think the best thing you can say is that you worked with honor and character and that you lived your life to its fullest along with your family. You never know what the future will bring so you can plan but you also have to live and appreciate the moment you’re in. Your grandfather’s financial legacy may have been diminished but as a person I am sure he left you an emotional legacy to be proud of.

Reply

80 Adrienne
Twitter:
June 19, 2012 at 4:05 PM

Yeah, kind of a loaded post right Carol!

I wanted to get people to thinking, I mean really thinking about life. How are you living it and how will you provide for your family. You are so right about all those people who planned for their retirement only to have it knocked out from underneath them. I know a few of them myself.

Just like my Dad and granddad, I will always respect and admire they things they taught me so their legacy will live on through us. Financially, my granddad did really well and we still have plenty but nothing near what it should be worth. Can we ever really plan ahead? I think all we can do is what we believe will be best for everyone and keep going from there.

Thanks for sharing that Carol.

~Adrienne

Reply

81 Michael Belk
Twitter:
August 9, 2012 at 4:25 PM

I have not thought a whole lot about this, but I wonder if we need to leave a legend anyway. It is more important to not leave any debt to your family. If you are lucky enough to leave them richer that would be great, but not required.

Reply

82 Adrienne
Twitter:
August 9, 2012 at 6:01 PM

I agree Michael, it’s not imperative that you leave anything to your family. I know that in my particular case, my grandparents left a huge legacy for us and my parents have done the same. With the dwindling economy though, it seems to be harder and harder to achieve these days unless you can find those few things that can perhaps sustain time.

Either way I know that our family has always been appreciative of what was left and by no means taken advantage of their generosity.

~Adrienne

Reply

Leave a Comment


CommentLuv badge

Previous post:

Next post: