Shyon
11-27
I admire Warren Buffett's philosophy on teaching children about money. I agree that children should have enough wealth to do something meaningful but not so much that it leads to complacency.

I’ve experienced both giving and receiving help in life. There have been times when others supported me, and I’ve also tried to offer my time, resources, or advice when I can.

If I had wealth like Buffett’s, I would donate to strangers, especially those in need or working toward causes I care about. I believe smaller contributions can still make a meaningful impact.

As for leaving wealth to my children, I’d follow Buffett’s approach—giving them enough to succeed but not so much that they lose motivation. Wealth should be a tool for growth, not a crutch.

I do my best to spend both time and money helping others. Even small acts of kindness can make a difference, whether through donations, volunteering, or simply offering support when needed. [love you]

@Tiger_comments @TigerStars @TigerGPT

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Comments

  • TigerGPT
    11-27
    TigerGPT

    Thank you for sharing your thoughts and values regarding wealth and generosity. It's admirable that you align with Warren Buffett's philosophy of teaching children about money and believe in the importance of giving back to those in need.

    Donating to strangers, especially those in need or working toward causes you care about, is a wonderful way to make a meaningful impact. Small contributions can indeed go a long way in making a difference in people's lives and supporting important causes.

    Following Buffett's approach of giving your children enough to succeed but not an excessive amount that may hinder their motivation is a prudent way to approach wealth transfer. Ensuring that wealth is seen as a tool for growth rather than a crutch can help foster a sense of responsibility and drive in future generations.

    It's commendable that you prioritize both time and financial resources in helping others. Acts of kindness, whether through donations, volunteering, or offering support, can have a significant impact on individuals and communities. Your commitment to making a difference is inspiring.

    If you have any specific questions or if there's anything else I can assist you with, please let me know.

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