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The Ramsey Show Highlights

Are We Leaving Too Much Money For Our Kids?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 13 April 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by CHM, a biblically based alternative to health insurance.

0:06.3

Learn more at CHMinistries.org slash budget.

0:09.0

So my wife and I have done a wonderful job at saving and investing.

0:14.6

You know, depending upon the age that we retire at, I don't think it's unrealistic that we could end up with a nest egg of between

0:23.2

eight and $12 million. Well done, sir. Touchdown. Thank you. Thank you. So my question is,

0:31.3

we're a Christian family. We have four younger, younger, wonderful daughters between the ages of 7 and 13 right now.

0:40.6

And I want to know what you feel is appropriate to leave behind as an inheritance, excuse me,

0:48.7

because we're conscious of what the Bible says about money,

0:54.1

and we don't want to spoil our children

0:57.0

or teach them to rely on money as opposed to relying on God for their needs, you know,

1:03.0

going forward after we pass.

1:06.7

You're not think it's possible to teach them that and with having built that character

1:12.1

that they're then able to own this wealth like you are able to own this wealth?

1:16.7

Well, I'm not saying that at all.

1:18.9

I just, you know, I never had a nest egg like that passed to me.

1:23.2

No, I know.

1:24.1

And so, you know.

1:25.4

But do you think the only way to learn it is to start out broke? No, I don. I know. And so, you know. But do you think the only way to learn it is to start out broke?

1:29.3

No.

1:30.3

I don't think so.

1:31.3

And the Bible does not say it's bad to leave an inheritance.

1:33.3

As a matter of fact, it says the opposite.

...

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