Marriage and money: Raising heirs, not entitled children

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BY ADETUTU AFOLABI

Many parents dream about giving their children a better life. A good school. A safe home. More chances. Less hardship. That desire is natural.

Especially for couples who know what financial hardship feels like, there’s often a deep emotional commitment to making sure their children never experience the same level of stress.

But somewhere along the way, many families are discovering a difficult truth:

Shielding children from all hardship can sometimes leave them unready for real life.

There’s a major difference between raising heirs and raising entitled children.

An heir knows about responsibility. An entitled child only knows about getting things.

And in today’s world, where social media constantly glorifies luxury without discipline, this distinction matters more than ever.

Many couples are tired from trying to stay stable in tough times. They budget carefully, make quiet sacrifices, and carry a lot of stress in private. Still, some children only see the results, not the hard work behind them.

That creates dangerous thinking.

Children who don’t learn to wait for things often grow up struggling with patience, money management, and emotional strength.

This is why healthy legacy-building requires more than providing money. It requires a teaching mindset.

Children need to learn about effort, taking care of things, and that wealth can vanish quickly without wise choices.
Some of the strongest family cultures are built through simple habits.

Parents can include children in money talks that fit their age, like teaching them to save before spending, letting them earn privileges, explaining how businesses work….
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