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Today's question comes from Kyle in Florida.

He says, I'm going to be a new dad soon and want to do everything I can to set my son up for success.

We plan on opening a Trump account for him and contribute $5,000 a year.

How can we avoid a mindset of entitlement in our son if this account has hundreds of

thousands of dollars in it when he turns 18?

We'd like to reinforce the idea that we did not set up this account to squander the money away

on ridiculous material purchases every 18 year old dreams about.

What's the best way to set up boundaries on how this money can be used?

That's a great question.

It's a really great question.

And there's kind of two sides of it, George.

The first side I'm seeing is just raising a child in the way that he should go,

right? Like there's what you're teaching him about money in the next 18 years is really huge.

And then there's the side of, is this really the best option for you? Do you want to have control

over that money or do you want him to receive this money at 18? So there's

kind of the strategy side of how is it smart for him to receive that kind of money at 18. So let's

talk about both. I'll kind of start with the raising side. I think whatever you show your kids the

most is what they're going to pick up on

and they're going to learn. And so if you've created a lifestyle where we don't squander things in our

home and we're very thoughtful about our purchases and we don't buy things to impress other people,

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