By skyforbes 
A deep dive into how wealth, or the lack of it, can explain why some people may get a head start in life, whilst others are barely catching up.
What exactly are ‘generational wealth gaps’?
Generational wealth gaps refer to the differences in the amount of wealth, including property, investments or any assets, that exist between different generations. These gaps represent the disparities in access to financial resources, opportunities, and systems of wealth creation that have historically allowed certain groups to accumulate wealth over time, while leaving others at a disadvantage.
Now why is this relevant?
For decades, the path to generational wealth has been pretty well established. The so-called ‘old school’ way of building wealth included trust funds, real estate and investments in stocks and bonds. This is the reliable and proven way to build wealth that was often passed down by ‘Baby Boomers’ (1946–1964) and ‘Gen X’ (1965–1980) to their children.
Well, now let us enter ‘Gen Z’ (1997–2012). This generation isn’t relying on trust funds or real estate in the traditional sense. They have instead built an entirely new method for creating and accumulating wealth, thanks to the growing business of social media aided…