Inheritance

A wise man leaves an inheritance for his children's children. - Proverbs 13:22.

For parents with children, they should not think that leaving property or money for their kids is a waste where they should spend it on themselves. A pastor in another church even shared in his sermon that he won't leave any thing for his children. What lame excuse! Well then go read Proverbs 13:22 where it is clearly stated that a WISE man leaves an inheritance for his children's children. Two generations down the road. As parents you should not think that your kids will squander away your wealth. One parent lamented, "Why leave so much for the kids? Let them earn their own money!" This is the general opinion of most middle-class working parents.

Thank goodness, I have also seen some rich parents spending a huge chunk of their money to help their kids start up their own business. Instead of working outside for others, why not work for yourself and keep all the money? The best way to do this is to go into business venture and set up a company. I have seen 2 or 3 clients where the generous father pays to have futsal courts set up for their kids to run and manage. If your kids are poor, when you are old, who is going to take care of you? Think of it as a win-win basis when you leave some money for your kids to spend on as you age.