Intergenerational 5

I’m Miriam  Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about moneyM How much should we help the younger generation.  We recommend the book Splitting Heirs by Ron Blue.  He wisely counsels generosity without crippling another work ethic.

V While we can give $15,000 a year to anyone, will that help or hinder them?  Some might become dependent and expect a higher living style depending on that gift, not their effort.  Some will steward it well. Children are different.  No surprise there.  Starting a Roth IRA to benefit their retirement years might be wiser that a cash gift.

M  We are reminded that we are Stewards.  Matthew 25.  Its God’s on loan to us.  Our decisions matter regarding gifts and younger generations.

PODCAST