What I mean by that is that if you are 15 years old and you realize that when you turn 21, you will have access to millions of dollars and never have to work a day in your life, how hard will work in school? What kind of career would you plan for yourself? Or maybe you will not plan a career at all.
Perhaps if you are in this situation, you would rather spend your adult life hanging out at trendy nightclubs, having sexual relations with various beautiful people, whiling away your morning hours in coffee shops, sipping lattes and lazily reading the latest novel? Or would you take up golf and tennis, not as a professional endeavor but one of leisure? Would you not spend a lot of time sitting on the beach at some tropical location sipping umbrella drinks while watching the regular world slip on by? What about casinos? Would you piss away daddy's money at the baccarat table with some blonde bimbo on your arm?
All of the above has happened to "trust fund babies" and more.
Do you really want your children living that sort of hobo existence with the money you spent most of your life working so hard to earn? Or would you rather keep your children hungry so that they will strive to make their own way in the world - on their own terms?
Anyway, that is an interesting question to be pondering on this warm, steamy, pre-Independence Day morning.
If I made a ton of money I would LOVE to make my children’s lives easier, but I would include strict instructions on how I made it, and how they should NOT just spend it- because once it is gone they are too old to earn it back.
It is so true that it takes money to make money. If I had $1million right now I would have $10million within 10 years
Kids are already growing up that way under OBambi lol
I’ll pass all of it to my kids and The Lord willing I’ll do well enough to offset the Communist-DemoRat best efforts to share the wealth!
For every Kennedy, there are 100 good examples... You just don’t hear about them.
Not necessarily, think Howard Hughes. He inherited 100,000 and turned it into millions. I’m sure there are other examples as well. But I would venture to say that the other side of the coin probably does far out way those who inherit large sums and turn that into larger sums.
A close childhood friend of mine was given $100,000, along with his 4 other brothers and sisters by their grandmother.
My friend spent all of his money on lose woman, cocaine and high living.
Guess who didn’t get any money when his grandmother finally died?