You can do both. I have worked hard so that there may be an inheritance for my descendants. But that inheritance can also have rules and limitations to prevent “spoiling”.
But I get your point.
Discussion
You have to train your kids to be able to handle money properly.
But I don't believe that giving your kids money early on in their lives automatically means they will be lazy and spoiled.
It is a challenge to find the balance.
Past performance doesn’t guarantee future performance.
You can train your kids well, as I’ve done, but you have no idea what kind of environment or temptations they’ll run into later in life. And certainly not grandchildren.
Gotta have some boundaries in play. No one respects the money like the people who first made it. I don’t see how it’s possible. There was no shedding of blood, tears, and heartbeats.
Nor does withholding money guarantee hard working, appreciative children and grandchildren.
We are responsible for what we do, they are responsible for what they do.
As for me, I want to set them up early in life and train them best I can. If they put God first in their lives, that’s what really matters.