Everyone wants money. How much? More than too much. Having money is easy? Here’s a perspective:
The great investor Charlie Munger was once asked by one of his rich friends if leaving his kids a bunch of money would ruin their drive and ambition.
“Of course it will,” Charlie said. “But you still have to do it.”
“Why?” the friend asked.
“Because if you don’t give them the money they’ll hate you,” Charlie said.
Isn’t he just so much on point?
Imagine this. You have all the money possible. And then your kids either lose ambition or hate you. A smart cookie might say the best combo would be to have a lot of money and no kids. But everyone who has kids say that it’s the best feeling ever. And they’d gladly exchange their money to keep their kids. So want more money, honey?