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.
Discussion
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.