Share the Warren Buffett Money quote image above on your site:
Short Link to this Quote:
Warren Buffett is advising that children who inherit large fortunes may feel they don’t need to work if the inheritance is too large. His view is that inheriting wealth should give children opportunities and flexibility, but not make them feel like they don’t need to be productive or find purpose in their lives through work or other activities.
The ideal amount, in his view, is enough that children feel empowered but not so much that they lose motivation. The quote suggests inheriting wealth requires balance – it can provide options but shouldn’t replace the need to find purpose and meaning through one’s own efforts.