Are You Spending Your Grandchildren’s Inheritance?

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Inheritance 

“A good man leaves an inheritance for his children’s children.” Proverbs 13:22

When my grandfather died, he left an inheritance for all of his children. Now, that might not seem earth shattering to most people. But for him, a man without a college education, who raised six children during the depression, it was quite an accomplishment. 

This last Spring, when my mother went on to join her parents, I found a letter that my grandfather had written to her early in her marriage in 1955. It read (and I’m paraphrasing a bit from memory.)

Dear Daughter,
I’m sending you back your check. (It was for $350.00). Your Ma and me don’t need it. We have helped all of you kids, except you and your sister Betty. Don’t send us no more money. We have $2000.00 on deposit and $2000.00 in the bank. Every month, for the rest of our lives we get $175.00. We have plenty.

What struck me most about that handwritten letter, was his contentment. With the meager amount of income they had, they were able to help their children and leave a small inheritance forty years later. It wasn’t a fortune, by any means. But is was enough for all of his children to have something. It was enough for a down payment on a house for us.

Contrast this mentality of leaving something for future generations, with what many of us do today. 

A wise man plans for three generations, but a fool plans only for the next vacation.

From The Christian Parenting Network…“Let me put out another challenge for those who have the courage to take it up. Here are the four steps for this challenge:

  1. Take fifteen minutes every day for the next week to make an inventory of all the assets that have been entrusted to you—material and non-material. Non-material assets include things like your skills, talents, gifts, education and knowledge bank, lessons gained from life experiences, personality traits, faith, and family.
  2. Choose three assets on your inventory list and reflect or pray about who might be a fitting beneficiary of those assets. It could be a grandchild, a neighbor, or a child/youth at your church.
  3. Now reflect and pray about how best to invest and distribute those three assets as soon as possible as a way of blessing those people.
  4. Repeat the process with all the other assets on your list.”

What do you have to leave to your children? 

Unless the tables of fortune take a major spin, I don’t expect to leave my children enough wealth to get them into trouble.

However, I can give them parts of me. Much of what I collect and acquire now, are done so with the idea that I will one day leave it behind.

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