>>62647303
teach your son fiscal responsibility then
it's easy: let them be poor for a while
give him some money, let him blow it, and then don't give him more for a while
if you have a daughter then you cannot do this

>>62647303
You're daughter and her black husband who's around the same age as you will never forget you

>>62647307
you cant teach someone to be financially responsible

its really just a personality thing

the grandparents in my family on both sides were heavily into investing and always spoke about investing and holding onto assets and accumulating assets, and do you know what the first thing all my boomer parents, aunts and uncles did when they started getting their million dollar inheritances?

They spent it all on having fun and blew it all pretty quickly.

My parents share was like $1.5M, and they got that back in 2018, and they're down to like $200k now, spent $1.3M of it already.

>>62647316
>and always spoke about
i didn't say talk about it
make him live the life of having no money because only when you have been there do you truly appreciate shit like hot water and a car
to some extent it is built in but he is your son (presumably) so he shouldn't be so wildly removed from you
also give him a trust fund where he can only access some percent of it, after you let him be poor, to see how investments compound

>>62647343
thats what my grandparents did

and everyone in the family was like

>well look at our parents, they saved and invested all their life, never did anything fun, and died anyway, so we're gonna enjoy life and spend it

>>62647303
good he deserves it, its literally his birth right let him do as he pleases its your son

>>62647349
sure thing
nobody who is acutely conscious if the fact that if the money runs out you are eating pinto beans and showering in cold water doesn't care about saving
either these people are low iq retards incapable of thinking about the future because
>i aint that nigga
or they never truly worried about money at all, which is more likely because most people have never truly experienced having no money, besides niggers
for most people this is because they take their jew daycare job for granted
it is a balance - you should enjoy your money to a certain extent
i do think a managed trust fund helps teach people about investing too