Inheritance disadvantages.
February 12, 2020
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M It’s normal for parents to want to bless their children and grandchildren. Leaving an inheritance might be one way to do it. However, I’m vintage and have seen a few things. Here’s a disadvantage. Foolish choices.
V Proverbs 20: 21 says “An inheritance quickly gained at the beginning will not be blessed at the end.” That gift might be a blessing, or trigger problems. Is that person prepared and equipped to make wise choices? What is their track record?
M Proverbs 13: 11 says whoever gathers money little by little makes it grow. We learn the value of each dollar. We take time to plan and pray. Parents, give these thoughts some consideration.