Reply to When do you tell kids about family money?

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[quote=Anonymous][quote=Anonymous]You don’t need to worry about it.  The grandparents 2M isn’t really that much.  And the 5M each is so far off that it doesn’t matter.  It could be a lot more or nothing at all.

Telling your kids anything about it is silly and pretentious, as if you’re telling Simba that he’s inheriting the Serengeti.

Just raise them normally and stop telling everyone they’re sore losers because 2 generations of your family together are worth a whopping 14M (maybe).

[/quote]

This. We are leaving our child way more than this combined. They don’t know the extent of it, but they know it’s a lot. They also know there are no free rides in our house. They will have a job (though they wouldn’t need to). Some people may find it “controlling” but I don’t believe anyone should be without a job or the ability to work toward something. I believe that is what is best for my kid. Now if they want everything else: the house, the vacation house, trips, and private schools- they can have that. But they aren’t going to sit around all day. Or do some crappy low level job.[/quote]

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