Tami: I think that, you know, not just for me specifically, but every person you know, needs to get serious about not necessarily the amount of income that they make, but what they do with the income that they make. Right? So in terms of creating generational wealth for my daughters, I’m very serious about teaching them financial literacy. With me with my legacy, it’s about working, consistently, having at least five to seven streams of income, and then parlaying that income into assets. Assets aren’t purses, cars, jewelry, you know things that people go out and think that they are — they’re not. So for me it’s about buying properties, establishing trusts, getting life insurance, which afford you the ability to borrow against if you want to purchase more assets. Lines of credit, utilizing other people’s funds to be able to do the things that you really want to do in life. You know, establishing businesses, being an entrepreneur, that’s what I’m teaching my daughters. That can go across the board for anybody, somebody that’s working at — for the sake of this conversation — McDonald’s, you know, whatever money that you’re getting it’s about taking that money, and making that money work for you. A lot of people don’t have that financial literacy, and it’s important for me to teach my daughters that.
Credits:
Interview— Ashley Lambert
Photography — Valentino Caviar
Retoucher — Viksa Beauty
MUA — Darya Latham using Natalia Me-gan Hair & Beauty, Be Luscious Beauty,
Hairstylist — Patrick Dorsainville
Wardrobe Stylist — Kasha Reavis
Wardrobe style assistant — Kiphanie Thurman
Location— Sergeant Creative Studios
Production — Handz Dirty PR