Bill Perkins

If they want to light it on fire, let them light them on fire.

If they want to do this, you know, and they're industrious, et cetera, let them do that.

But it's their adventure.

And so, and that money has the most impact when you give it to them then.

And also your legacy,

People are like, I'm working hard for my kids.

They're 60, I'm working hard for your kids.

Well, part of the legacy and the fulfillment from your kids is spending time with you, moments for you.

Not you going to work, you with them, memories with them.

So in some situations, in a perverse way, you going to work to make more money to give your kids when you die is actually taking away from the fulfillment and diminishing your legacy.

Right?

So we have to be really intentional and think about what are we trying to do when we're giving our kids money?

And you know, six-year-olds are not kids.

You know what I mean?

So I think one of the most asinine things we do or the most autopilot, not living with intention things we do is wait till we die to transfer assets to our kids.

Right?

And that's the same thing with charity.

Like charity is now.

People are hurting now, dying, starving, whatever the issue is that speaks to you, it is now.

Right.