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@khaldounsamman91289 ай бұрын
Many of the comments below are misunderstanding the book: He's not recommending you be an uncaring parent and leave nothing to your children. He's saying share your wealth with them now, while you're still with them. I think that's a beautiful idea.
@thenigerianfile9 ай бұрын
Plus, you can give a certain amount (in the USA) as a gift each year and it would not be taxed as income to the recipient, versus if that same amount (or more as a lump sum) was inherited. My ex’s grandfather taught me that decades ago.
@bgkob7 ай бұрын
Exactly. The book actually has great points on this subject. Most ppl wait to give money to their kids when they are dead and done. By then your kids are in their late 30s, 40s, or 50s and are usually somewhere financially ok at that point. Where if you give them portions of their inheritance earlier, say in their 20s, the ROI of your giving to them is exponential, because that is when they need it most. Help with a car, house, business idea etc when they aren't as financially set in their 20s and early 30s PLUS you are alive to see them enjoy the money you worked for and gave them. Seems like a win win and is what I plan on doing now after I read this book.
@cisium11847 ай бұрын
How beautiful it is depends on your and your children's particular circumstances, such as your their financial practices, their marriages/spouses, the long-term tax consequences of giving now versus leaving via your estate, state income tax to appreciation in your children's names/states versus your state, cost of probate in your state, etc.
@sct40404 ай бұрын
We don’t have kids, so will start giving more to charity now, instead of later.
@AmyAnnetteHenion9 ай бұрын
I appreciate that you can present us with a book or concept, and say "here's what I liked, here's what I didn't, and here's why." It's refreshing to know that we don't have to buy into a book 100% in order for us to glean some value from it, and that we can still think critically about the information being offered to us. Thanks for your fresh perspective!
@sct40404 ай бұрын
My father died at 60. He save, save, and save for years without much enjoyments. No trips. Didn’t even get to retire or take SS. Don’t do that people! Old age creeps up on us, wish we traveled more. I told my husband we need to enjoy ourselves and spend our money down. It’s hard when we grew up poor. Even struggling 10 years after graduating from college.
@bebetheexplorer62414 күн бұрын
My daughter who is very encouraging for me to live my life fully introduce this books to me. I am 50 and I stopped work 3yrs ago to travel full time. Yes this book just reinforced what I was planning already. Recently, a coworker died after a few months of retiring at the aged of 62. Everyone knows her was devastated coz she had worked all her whole life to just died and didn’t even able to enjoy her retirement days. Tomorrow is truly never promised. I was lucky anyhow coz I collapsed at the beach and was brought to hospital at the age of 44 and since then I begun planning my early exit from full time job and do what I always wants to do travel the world.
@nemodeals20347 ай бұрын
The average age of inheritance is somewhere in the 60s. They aren't kids anymore, they are "old people" This hit home for me. I rather give to my children during the phase of life that the money can reach full utility and enjoyment. Also its kinda nice to be there alive to watch the impact rather than dead lol
@razorsharplifestyle101hard9Ай бұрын
Indeed,People are not haing kids in the mid 50s.lol So i dont understand why people dont give their kids there inheritance in their mid 20s.In the mid and latter part of your golden years your consumption declines.
@OnCashFlow9 ай бұрын
This book was actually one of those books that led me to take action and change my mind. I don't agree with everything In the book 100% but it has led me to start actually tracking and assigning points to my life experiences and making a goal for reaching a certain amount of "experience points" per year. It also has led me to loosen up with spending and worrying about growing my wealth too much.
@artvram9 ай бұрын
Somehow his hair is getting even better
@valeria-militiamessalina567224 күн бұрын
I think it looks like a bird's nest 🪹 ❤
@diavolorosa9 ай бұрын
Love this. I definitely want to be able to bless my kids financially while they can benefit from it. Not after they've struggled unnecessarily while I sat and watched (that's weird)
@letschatfamilyfinances9 ай бұрын
Completely agree with your assessment of this book, including your hesitations with a couple of his points. Great job.
@cisium11847 ай бұрын
I think it's wise to point out that sometimes intentional giving means _not_ giving sooner than later. While your intended beneficiaries might "need" your money sooner than later, they may not be mature enough to handle it yet.
@sct40404 ай бұрын
I think paying for part of a kid’s education is a real gift. I would have appreciated given money for food, books, experiences. I am still awed kids have money for spring break.
@Travisb2389 ай бұрын
This is one of my top 5 personal finance books. I think the takeaways from it are unique and poweful, questuoning the status quo of saving for retirment and how we save/provide generosity throughout our lifetime.
@JackieD57539 ай бұрын
100% with you! Live life to the max, save & invest to the max, die with a legacy! (Not zero) 🙏
@jeaninechin9999 ай бұрын
Agree with all your points. Working in healthcare, I don’t know any sort of algorithm that can predict when you’re going to die. If we have one, please let me know? 😅 That’s a very hard sell. To know when you exactly die and use your money accordingly. No to annuities too. Also ties up with the fantasy of knowing when you exactly hit the bucket. 😅 Other than that, i think Die with Zero is still a good read. Just to drive in the point that, money is important but not number 1. 😅
@liverpool34699 ай бұрын
Hi Tae! Thank you very much for this video. On the last two points (OK ones) I am 100% on your side. I need my kids to have more than what I had at their age. That is my goal.
@ordinaryhuman56459 ай бұрын
As someone who could easily end up with too much money, I did get a lot out of the book. It helped me be more comfortable with the idea that at my net worth should be declining over time, and at least one of the charts was helpful to show how that might look. Without that, I'd probably still be working full time and on track to have millions on my deathbed, instead of coasting with part time work like I am now, with more plans to travel and spend while I'm young and healthy. I think the book gets recommended a lot by a vocal minority of folks like me with frugal habits and large account balances because the message is pretty unique compared to most personal finance books. But that's also why it's probably not appropriate for most people who aren't going to have millions on their deathbed because they don't have those habits or account balances in their 30s/40s.
@tredegar41639 ай бұрын
“A good man leaves an inheritance to his children’s children, but the sinner’s wealth is laid up for the righteous.”
@jimv779 ай бұрын
My plan is gifting the kids the annual maximum and make it clear this is still MY money but loaned to you interest free to help them get started with saving and investing. So if I need it one day....I can recall that note gradually over time. Of course TRUST is key here. I have more money than I really need....and want to minimize my estate.
@herewegotoday9 ай бұрын
I just finished reading this book and had the same concerns.
@monicautrilla53825 ай бұрын
Wow Tae, I'm so glad I ran into your channel, thanks so much for all your hard work. Best for you and your beautiful family! 😊
@robertwebber90239 ай бұрын
My parents certainly believed in helping along the journey and I am grateful. But both my parents and my wife's parents also left and inheritance to the benefit of their children's children. Where possible it's incumbent on the the senior age group of a family to provide a meaningful capital base to the next generations. Our culture is over obsessed with the individual view and not the collective view over time. Very good video.
@leftysidewinder9 ай бұрын
When you’re maxing out on saving/investing in the here and now, there’s the risk that your hard earned invested capital evaporates (such as in the 2022-2023 stock market, many non mega-cap stocks have tanked 30%-90%). With spending on experiences today, there’s the risk that you may have way overpaid for this year’s vacation or latest and greatest tech device. So we all need strive for some sort of reasonable balance or prioritizing.
@paulciccarello6619 ай бұрын
As always, great advice
@i.m.77779 ай бұрын
I'm old school and choose to believe Proverbs 13:2 where it says, "A good man leaves an inheritance to his children's children." Of course this is not always possible and depends greatly on one's circumstances in life . My dad always made a modest salary yet was wise and frugal. In spite of all hardships he had in life, he still left my siblings and I an inheritance. It wasn't huge but knowing the sacrifices he made, it may as well have been a million dollars. ❤
@davekal9 ай бұрын
I laughed at the building lego at 20 years old part. I was a master model builder for lego from 24-28.
@stuartoconnor5389 ай бұрын
Thanks for the video, and I 100% agree with YOU, good points.
@ParkDari6 ай бұрын
By doing nothing but local free or near free activities with our child while we grew to FI meant our child probably did 10 times the activities that kids with a screen do. We had a full social schedule with all the free or low cost local activities. Our child had no access to TV to see commercials or shows of what we didn’t have. We had stacks of books, dvds and vhs from the library or yard sales. We chose our child’s education over a house, choosing the best private Catholic school while we lived in a foreclosed 1 bedroom 565 sq ft condo. We lived there until we bought our next home cash when she went to high school where she has her very own big bedroom which she has cherished more than any child I know. With FI we were able to take her on a big overseas trip for high school graduation. We now surprise her with events that bloom memories together and help her plan her financial future so she can afford to be a stay at home mom if she wants to❤
@meibing49129 ай бұрын
Cannot agree more on having experiences troughout your life. This is one area where Europe is far ahead of the USA. Even if Americans have more money, Europeans on average have more opportunity for experiences because they have very long vacations - that they actually take. Have several times been at a remote tropical island for 2-3 weeks while Americans would fly in/out for as little as a three day stay.
@jlee87929 ай бұрын
Always great video Tae.
@jenniferlink75209 ай бұрын
Another great video! I had heard about annuities but never understood them. You explanation was easy to understand and now it is definitely not something I'm interested in. Also like your outros which tie back to a prior video.
@cindy38619 ай бұрын
I also agree with your view, in particular, seeing my parents struggle with health in later life and thinking about retirement care in an aged home this can cost a fortune depending on how long you live. I don't have a need to pass on wealth to my kids, I am focussing on teaching them how to build it for themselves, but I want to ensure I have enough for my health care and am not a burden on my kids in later life. If this means I die with money in the bank then I will have succeeded.
@kathleenhunt76139 ай бұрын
I agree. That's always been one of my big objections to this "die with zero" concept. I need a cushion in case there are large health costs as I age. At age 61 I'm super healthy and mindful of wellness so hope this won't happen, but you never know, and I do not want to be a burden to my kids.
@sct40404 ай бұрын
I don’t plan to be in a nursing home. Rather died than go. Have you ever visited one?
@champeight67379 ай бұрын
I get the concept and the book as a lot of great take aways, but it's the state of financial freedom reduces stress, so one needs to maintain that "reduced stress state" till death is invaluable in of its self. So yes it's not possible to die with zero if one wants to have a stress free life.
@dianecarney86359 ай бұрын
agree, no annuities
@nathanielraminimbi44026 ай бұрын
Yes Tae. I too would feel comfortable dying with something on the table. Personally, it may be one of leaving your legacy.❤❤ thankyou Tae. Love watching your KZfaq videos here at Port Moresby, PapuaNew Guinea🙏🙏
@evanserickson9 ай бұрын
Great video as always. I like the idea of traveling young. Do you have a video on retiring in other countries? Like Colombia or Mexico? Might be a good topic
@JBoy340a9 ай бұрын
I found the book OK, but I also had the same issue with the central premise of spending everything before you die. If one is going to have children, they should always do something to ensure our children and potentially grandchildren have a good start in their lives. These heirs should work hard to earn what they have, but if you have the resources, create a safety net so they can take the big jump for the highest ring.
@yvonneachieng67429 ай бұрын
Its all lost by the 2nd generation, certainly by the 3rd.
@JBoy340a9 ай бұрын
@@yvonneachieng6742 that depends. Are the generations parents passing along the values? Or is it just "free money".
@jrb17379 ай бұрын
@@JBoy340a👍
@jackdguida9 ай бұрын
The book addressed this by giving suggestions of how to help your kids without making them lazy. Things like helping them with the downpayment on the first house, or paying down their student loans. Another thing that I do is fund my kids' Roth IRA accounts. This is a very different concept than "economic outpatient care" as described in the Millionaire Next Door and much more beneficial.
@daralynx29 ай бұрын
Causes and kids are covered clearly. Didn't mean leave them zero.
@josemleite39 ай бұрын
You die once, You live everyday, so I always plan for tomorrow. Thats how i look at it.
@mudbloodcollection84299 ай бұрын
Loved the video and I agree with you on the points 😊
@wheatcandle9 ай бұрын
In reality, I like the comment made by Morgan Housel recently, that a good life is being able to do all the quirky little things you like to do whenever you want to do them. Being able to maximize your autonomy. Other than that, I believe spending a large chunk of your time pursuing health maintenance and health improvements is the key to life maximization. Going on "trips" or having "experiences" in the mainstream way is questionable for me, because I have done a lot of great things but seldom reflect back on them. Ignorance is bliss in many ways. Limiting liabilities and inconveniences and worries actually improves happiness, not doing the "bucket list" things just to do them for status if you really don't want or need to do them. Bucket list things could be a daily thing, go for a nice walk, meditate, maintain or improve your health, journal, go to a park. These things are more valuable than travel just because people feel pressured to travel for their status bucket list.Travel is also ripe with many risks people never consider, and travel becomes more of an "experience" instead of a "great memory"
@BCSTom9 ай бұрын
This book made me think twice about my finances.
@Mysteri0usMem09 ай бұрын
heres my plan, currently 33, i have worked hard to build myself and have a good earning career in healthcare. currently work full time and have been working and going to school most of my life. i have a primary home and a vacation home in an area which will have a less cost of loving sense it will be in mexico. once my homes are paid off, 3-5 years. i will switch to part time. having no debt working twice a week will be plenty to cover basic expenses, kids and fun times. i have also built a nest egg in the stock market and have a roth as well as money in the other country. I will give those investments time to grow while I am part time and hopefully by the time the kids are grown up ill be fully retired.
@PowerfulMoneyHabits9 ай бұрын
I want to die with zero regrets, not zero money. My son n his kids will get some money as a stepping stone in their lives- a gift from me!
@pablocorrea25039 ай бұрын
This channel helps me chose my next books, great video
@cbrottler9 ай бұрын
We all die with zero.
@mashort079 ай бұрын
I don’t want to die with zero. I would be happier living a modest life and leaving a fortune to my family.
@Mactakun9 ай бұрын
Lol you haven’t read the book then, he says that you should be generous with your money BEFORE you die. For example, giving your kids their inheritance when it could help them the most, e.g. buying a house, having a new kid, going through medical troubles, or if they are financially savvy, maybe just giving them money to invest on their own. But I totally get your sentiment, I don’t want to die with zero either. IMO this book is a bit overhyped.
@mashort079 ай бұрын
@@Mactakun, obviously I haven’t read the book, that’s no secret. 😂 But I even disagree to some extent with being generous when you still have so much road ahead, and that’s for two reasons - #1, you never know when YOU will be the one to hit the financial skids, and #2, and this is more important: I work in finance at a long-term care facility and in this field, “gifting” is a big no-no because it impacts somebody’s ability to qualify for Medicaid, and about 80% of people that come through my door will need Medicaid before they move to the next life. You have to be very, very careful with what you’re giving, why you’re giving and how much you’re giving. I’m not saying keep everything and let your loved ones fend for themselves until you’re dead, but there’s a lot of nuance to being generous in your retirement years.
@Mactakun9 ай бұрын
@@mashort07 agreed
@MeltingRubberZ289 ай бұрын
@mashort07 care to explain why gifting stops medicaid? If I write my son a check for 100k how does that mean I can't get medicaid?
@mashort079 ай бұрын
@@MeltingRubberZ28, it all depends on timing. Medicaid has what they call a “look back” period. In most states it’s 5 years. Gifting in the look back period will constitute a penalty, meaning Medicaid will not pay for care unless the money is returned. To put it simply, they view gifting as a way of preserving assets that could have been used to pay *your expenses.* 5 years doesn’t seem like a long time but you’d be shocked how quickly things can go awry. The cost of a long-term care facility in my state is around $12-$13K a month or $150K a year, so if you have enough set aside to pay for that and still assets to live and give, great for you. Do as you wish. But if I told you some of the stories I’ve dealt with, you’d be astounded. Make sure all your ducks are in a row. And if there’s one thing I can’t stress enough, get long-term care insurance once you retire. It’s really, really worth it.
@4040smokey9 ай бұрын
Bill Perkins is the type of ultra smart talented smooth guys that can jump in and out of the job mark with ease. Most of us worker-bees aren't as blessed.
@sgmgl9 ай бұрын
Requested this book from my library 🎉
@JimmyA329 ай бұрын
I think giving your money to you heirs while you’re alive is important.
@AccordingtoWarren9 ай бұрын
Commenting so more people see this video
@heidikamrath19519 ай бұрын
Giving your comment a thumbs-up so more people see this video. 😉
@peterl27679 ай бұрын
Great content 👌
@shadesofpurple72836 ай бұрын
I love your quotes 😂 they're from the most random sources. Definitely a hidden gem in your videos. 3:56 the quote is from the butler in a tv show 😂 The power rangers have a lot of brilliant quotes too
@PeaceBeginsOnYourPlate9 ай бұрын
Great video, and definitely agree with what you said about the 2 okay ones. Loved the book nevertheless.
@arnopinheirodossantos25322 ай бұрын
O objetivo é dividir o seu patrimônio em 3 partes. A primeira é para usufruir o dinheiro em vida (não esperar a aposentadoria). A segunda parte é para ajudar ainda em vida os futuros herdeiros e instituições (não esperar a sua morte). A terceira parte é estabelecer uma reserva patrimonial que lhe permita viver de rendimentos até sua morte (sem depender de terceiros).
@george1122ification2 ай бұрын
one lesson i learned from this video is I need a cool hairdo. It’s been on my list for too long…
@darrenmcinerney22124 ай бұрын
Thank you 😊👍
@chggg5675 ай бұрын
My country got this govt annuity type plan which force us to set aside an amount by which we get a payout every month after 65 years old till forever. I think that gives us a super safety net and make us not scared to utilise our funds to die with zero, as in practice we will always have that minimum even if we live like vampires, forever. So to summarise, i think govt backed annuity with payouts till end of life is a massive boost to the Die with Zero lifestyle.
@ninajohnson65789 ай бұрын
I’ll be happy to leave cash in the table. That cash will go to my family. I will feel secure and then leave a gift to the people I love.
@simonspencer31089 ай бұрын
Interesting that the central lesson of the book is one you are the most uncomfortable with! Great summary though - much appreciated!
@papashuk269 ай бұрын
What is recommended about housing equity? That’s a big number for folks in our 60’s and would be a nice inheritance for our children
@Nonduality3 ай бұрын
I wouldn't consider an annuity until age 70 or even 75. In Canada, at age 75, $100k will return $750 monthly after taxes. That's a 9% after-tax return guaranteed month after month until you die. Of course, you have to save some money to cover inflation. And some portion of the portfolio could be in stocks, cash, gold and other vehicles.
@genericwatcher24395 ай бұрын
I am closing in on 50 and I have lived an aggressive successful life, I am worried that I have been there and done that to an extreme level. Maybe that is a good thing, tomorrow isn't promised. But I just wonder what to do with the rest of my life. I have a good spiritual life, volunteer and love my family, but when you are used to going 100 mph, I'm getting bored that I wonder what new experiences will fulfill me when I have already "done that" to most things people say. Maybe I just figure out how to retire early and just live a simple spiritual life?
@TheLei789 ай бұрын
Clicked on this due to the “okay” tips lmao
@alk6729 ай бұрын
The book has a bunch of interesting ideas, but the problem with the fundamental premise of dying with zero is that not only would that be incredibly stressful, but the example with a rental and fuel is not even doing it justice. Fuel is spent linearly, while the nest egg is spent exponentially. So if you run out of fuel - you run out of fuel early and hard, and you're stuck hundreds of miles away from the drop-off location. And you're old, and stressed out, and there's no more money. Yeah.
@Inspire_andrew9 ай бұрын
Thank you
@galt679 ай бұрын
For me, I don’t want to be the ‘richest man in the cemetery.’
@ali747talia9 ай бұрын
Great video.
@ITm4n8 ай бұрын
Give when you are alive doesn't apply to me really but I always thought it was crazy that people would stash everything til they died and hoped it would just go according to their will. Obviously 99% of the time it does. But still. I wouldn't leave my fortune up to any amount of chance.
@majmorgan61696 ай бұрын
One wonders if Bill Perkins read Stephen Pollan's book Die Broke 25 years ago... same philosophy, including annuities. Pollan is dead, but Die Broke is still a great book
@d_all_in9 ай бұрын
I would love to pass on enough money that my kids don't have to worry anymore
@NA-vt6mz8 ай бұрын
U will make them lazy and lose ambition
@travellingtom6091Ай бұрын
Definitely disagree with the annuities part of the book. Insurance companies make money for a reason.
@frankdibiase33729 ай бұрын
Every car rental I ever had required a full tank of gas upon returning. ????
@JBoy340a9 ай бұрын
Agree. Unless you want to pay the $8/gal or more charge to fill it up. If you don't fill it up, they have to fill it up, and they will charge a lot for the service person's time.
@heidikamrath19519 ай бұрын
Nope. They offer that you can return and they fill it. Select that option in advance and it doesn’t cost as much as if you just bring it back and they fill it. (Basically only costs a couple pennies more per gallon than if you gassed it up yourself) It is a useful option if you need to catch a flight and can’t afford the time to figure out where the best gas station is-plus all the gas stations near the car rental places charge more anyways, lol.
@jwthompson95716 ай бұрын
Maybe the book should be called?…”Die With Zero Generational Wealth” …🤔
@theclothingcottage7 ай бұрын
You can buy .50 greeting cards at the Dollar Store. And NO WAY on borrowing money from a loan shark to go to Europe, at any age.
@holdencawffle6265 ай бұрын
Um...i was 37 and stayed in hostels in europe. And ate cheap food So there ya go
@jeannedesaint-georges79989 ай бұрын
As a parent, I prefer to save and leave money to my kids
@firstlast-lt6xp6 ай бұрын
Thanks for calling out Perkins wish to literally die with zero/die broke. I'm glad you read the book carefully. When I mention this is his goal, people can't believe it.
@Pasequale1007 ай бұрын
Does anyone knows similar books?
@dorahmulinge38009 ай бұрын
The last 3 points are a bit impractical, i agree with you. That works only in ideal, but we live in an imperfect world, sorry.
@KulkarniNiranjan19 ай бұрын
Nice
@rhosk9 ай бұрын
Boom!
@ChrisHolmz9 ай бұрын
You highly underestimate the power of legos.
@crazychinesewoman9 ай бұрын
I cannot die with 0 lah! leave nothing to my kid and my funeral arrangement? cannot cannot - maybe this is the asian mentality? my kid is half Asian only but i think she has the same mentality as I. My FIL who recently passed away also left moolah and land and houses to the spouse and BIL . They are canadian leh.
@ra66487 ай бұрын
Leave cash on table for next generation
@goldstandardaviation16679 ай бұрын
Sarasota Tim just upgraded his older minimalist RV for a 2023 luxury RV. This self proclaimed minimalist was forced to upgrade his older small pickup for a nearly new full size pickup to pull it. He constantly complains about the new gas guzzler. Tim has succumbed to lifestyle creep with his KZfaq money. Hopefully it will keep coming in or he will be forced to sell all of it like the rest of the lifestyle creep crowd.
@seriousfaith9 ай бұрын
I hated that book. Interesting concept…but too impractical to implement.
@christinab91339 ай бұрын
❤❤❤
@bradtrades9 ай бұрын
@14:00 I'm with you in that I don't believe maximizing enjoyment and maximizing wealth has to be an either/or situation. The key to life is balance in all things. And under no circumstances would I ever consider an annuity. This book reminds me of Mark Manson's book The Subtle Art of Not Giving a F****. Not the book, but the title. I'm sure the title of both books were the brainchild of the publishers marketing departments designed to sell books, much like YT titles being used as clickbait.
@zenwar88359 ай бұрын
Give money for free? No way. Why not hire someone to do your yard, clean your house, cook, give you love. They get paid and you get something.
@jrb17379 ай бұрын
👍
@mccoyji6 ай бұрын
How to die with -100 million?🤔🤔🤔
@mattcollins45509 ай бұрын
This is incredibly selfish. I'd rather give my money to my kids or relatives than to spend it all on myself.
@WeThePeople2059 ай бұрын
That’s 5hrs I’ll never get back. Wasn’t a big fan of the book
@lpgoog8 ай бұрын
I don't know any Italians or Asians who are interested in dying with ZERO. They are too focused on leaving a legacy $ for their kids. Other lessons are cool
@SquallTheBlade9 ай бұрын
uhh, for rental cars you need to fill up the gas tank once you return it. How do you now know this lol
@heidikamrath19519 ай бұрын
Nope. Most rental car companies offer this option. Just experienced this last month when we rented a car at the Memphis airport.
@kyleinpa52859 ай бұрын
Dying with zero is stupid. Enjoying life is a good message, but wasting your whole nest egg, leaving nothing behind is idiotic and selfish.
@ordinaryhuman56459 ай бұрын
I'm guessing you didn't read the book. The idea is to make use of your nest egg while you and your loved ones can benefit the most from it. Leaving a large six figure sum to your kids when they're already 40+ and settled in life doesn't do them much good, and you're not around to see the positive changes (which are reduced due to the late timing)
@nelsonw94839 ай бұрын
"Leaving something behind" is what hoarders do.
@Travisb2389 ай бұрын
Clearly you haven't read the book. His message is actually incredibly GENEROUS in the book, as he questions why would you wait until you die to give your kids money in their later years when they don't need it as much (because they're 50-60 and have their own nest egg). Rather, gift it to them during their younger years, to experience more with it and you can also see the joy they get from it.
@TrendyStone9 ай бұрын
Typical KZfaq consumer. Doesn’t read books…but feels qualified to comment on them.
@JBoy340a9 ай бұрын
@@ordinaryhuman5645 I think at 40+ may be a time when your children may need help. Those are the years when they can have multiple children in college and huge spike in expenses.