Morgan Housel

If your grandparents could see how you lived, you'd say, you spoil.

You don't have to.

You think you know hard work?

I used to work at a coal mine.

You think you worked hard?

I think the goal of every generation should be to create kids and grandkids who appear by the standards of a previous generation to be spoiled.

That's the goal.

And so the idea of using your money to give your kids a benefit so that they appear spoiled by your generation's terms, I'm kind of like, that's the goal, right?

Isn't that the way to do it?

I remember having this conversation recently of a guy who his parents were immigrants, worked their absolute asses off to support him and his siblings.

And now he himself is pretty successful.

And he's like, I feel guilty that I didn't have to work as hard as my parents.

Yep.

And I said, look, I bet if we could talk to your parents right now, they would say that was the goal.

The reason they worked their asses off is so that you would not have to.

That's the goal.

And so don't feel guilty.

This is what was supposed to happen.

Because they wanted you to be who you are today.

I think it was Steve Harvey.