EPISODE · Jun 28, 2025 · 6 MIN
If You're Saving Money For Your Kids, You're Doing It Wrong | Bill Perkins
from The Daily Motivation · host Lewis Howes
Order my newest book Make Money Easy! https://lewishowes.com/moneyyouCheck out the full episode: greatness.lnk.to/1787"In some situations, in a perverse way, you going to work to make more money to give your kids when you die is actually taking away from the fulfillment and diminishing your legacy." - Bill PerkinsBill Perkins drops a truth bomb that flips everything we've been taught about money and family legacy on its head. While most parents work themselves to the bone, saving every penny to leave behind a massive inheritance, Bill reveals why this traditional approach is actually robbing our children of their most impactful years and stealing precious time we could be spending together. His insight about giving inheritance between ages 25-33 – when our kids can actually use it to shape their lives – challenges the autopilot thinking that keeps us locked in cycles of endless accumulation.This isn't just about money strategy; it's about understanding that our bodies and our children's bodies follow the same laws of physics – we all peak and then decline, making timing everything when it comes to meaningful experiences. Bill's approach to intentional living extends beyond family to charity, showing how giving now rather than later creates exponentially more impact when people actually need help. You'll walk away questioning not just how you handle money, but how you define legacy itself.Sign up for the Greatness newsletter: http://www.greatness.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Bill Perkins challenges everything you think you know about leaving money to your kids and reveals why giving inheritance earlier creates more fulfillment for everyone involved. This conversation will completely shift how you think about money, time, and what it really means to build a lasting legacy.
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If You're Saving Money For Your Kids, You're Doing It Wrong | Bill Perkins
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