On Fri, Apr 22, 2011 at 1:14 PM, Gruss Gott <[email protected]> wrote:

>
> http://www.businessinsider.com/baby-boomers-wont-leave-money-to-kids-2011-4
>
> Baby Boomers Don't Care About Leaving Money To Their Kids, And Expect
> Their Kids To Be Poorer Than They Are
>
> Over half of respondents doubted their children would be as wealthy as
> they are. By comparison, 96% of Boomers were wealthier than their
> parents.
>
> Only 49% of rich people said that leaving a plump inheritance is a
> "personally important use of their wealth."
>

You should use your money to give your children every opportunity to earn
their OWN money they come of age.

Shelter them, feed them, educate them. Parents don't guarantee their
children's success by promising them a nice nest egg, but by giving them the
tools and environment necessary to succeed on their own.

That is the gift my parents gave me, and I intend on honoring them by doing
the very same for my children.


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