We all love our
children … very much of course and we express our love for our kids in many
ways. One very common way that many parents show their love for their kids is
by accumulating for their kids ... they have their reasons for doing so.
Seriously, many
parents will use a very large portion (or in some cases, most) of the income they
earned for the purpose of building and accumulating for what I called the Kid’s
Inheritance.
And there are
those who will slogged and worked their asses off not because they have not
saved and accumulated enough for themselves to see them through their later
years … they slogged, they worked way over their retirement age because they
are always worried that they may not have accumulated enough for their children.
So they keep working to build the Kid’s Inheritance … some even worked until
they cannot worked anymore.
For me, as a parent, I think what is
important for my kids is that I provide for them, and provide the best that I
can afford until the day they are to face the world themselves because I love
my kids and also because it is my responsibility to ensure that they grow up
with whatever needed to be a good person. Of course I will accumulate too ...
but it is for me and my wife, NOT for my kids. Maybe if there is anything left
when we both called it a day … then that is what my kids will get from what I
have accumulated.
My point is … provide for the kids, provide the best that you can
afford and provide according to whatever they need while they are growing up so
that when they are old enough to face the world, they will have a strong
foundation to fend for themselves and face the world with confidence. There is
NO NEED to leave an inheritance.
I am sure there are many parents who will disagree with me …
those who willing to slog, work, save and accumulate to keep building their
Kid’s Inheritance … maybe because they love their kids a lot more than I do.
Hey, I am not
against what these parents do with what they have accumulated … I just beg to
differ. For now, I am providing for my kids until they are ready to face the
world by themselves. After that, I will spend what I have slogged, saved and accumulated
… you know what I will be doing?
I will be SKI-ing … Spending (the) Kid’s
Inheritance !
