Is it good for people to inherit a lot of money from relatives?

Well, that is an Asian culture and we cannot argue about our parents sacrifices. They don't want that their children will suffer the hardship they experience... It's not bad to inherit something from them. Because they made sacrifices to make a good living for us...

Here in our country it is the common thing that parents will leave something for their children. I don't know whether it is right or wrong but as per my knowledge parents want their children should grow in good system and there should not be any problem in future. If they are not there also they feel that if they didn't leave anything then their children may suffer a lot. Other wise if they leave something then from that their children can develop in good condition and they will take care of their future generation. That is what i believe and most of the Indians believe too.

It is the difference from Eastern to Western. In Eastern countries, parents sacrifice so much for the kids and grandkids, they think they love their kids. But unfortunately, their kids don't feel grateful to them and some just abandon them when they get old and useless any more,what a pity. While in Western countries, people pay more attention to cultivate their kids' independence, even though they can provide anything for their kids, they let them earn a living for themselves. Personally speaking, i support the attitudes of Western countries.

I respect parents who are willing to do all of that so that their children can have better lives than themselves, but I think that it should be done in moderation. I don't think it's good to give children everything that they want because they start to take things for granted. I've seen too many children who were spoiled take advantage of their parents, take them for granted, and behave as if they are ENTITLED to their parent's money. I think that it's important for parents to save up to provide for the child's education and to provide the basics (food, shelter, and water), but I think that they also need to be taught the importance of hard work so that they don't depend on their parents their entire lives. They should be able to work and provide for themselves, as well as give back to their parents when they get older for all of their hard work and sacrifice.

What you said is mostly true, but its all in the mindset of the people. Earlier generation started this and then Asian countries were the richest countries, but as the technology grows people are also trying to change their thinking and lately you can see earning a living for themselves is becoming very difficult, so i don't think future generation is going to follow the same tradition, i am sure its going to gradually cease to end.

Yes,in many Asian countries,parents and grandparents are very great.they would rather live simply or lead a hard life than they still do their best for their children.the children there are happy.take me for instance:my parents are very hard work just want to buy a big house for me.I am very thanks for their put.I study hard everyday as a reward to them.

It depends on how the people use the money. If their children use this money to drink, play and don't want to work, then the money will ruin them. On the contrary, if the children have ambitions and work hard, then this money will help them to reach their goals. I love China

I'm spending it all before I leave and whatever is left if I have any kids they will get it but I'm not depriving myself of the things I want now just to leave a large amount.

It can make us feel special and loved by a relative when money is inherited. it can be a winfall to your life or it can be the beginning of problems you wish you never had. it has some adbantages as well as some disadbantages at inheriting money from a relative.

hi , yes all do this, only nowadays people start thinking different seeing new thingss comup.If there is good udnerstanding then its ok with giving lot of money adn savings for children becox noone knw the future, but this makes the children not to work adn make lazy.The money should be knep for the parents at old age also ., i dont think they should ask for something in their oldage.Tey have the right to live ther life without having the need for money.,or going to some oldage homes.

It should not be a big deal if the parents decide to save money for their children to inherit in the future. However, as a daughter, I would reather my parents enjoy their hard earned money. They can travel or buy whatever they want especially when they retire. It is their money, and they are not under any obligation to give us inheritance.

I understand that parents that wanted to make sure that their children will have a brighter future. However, i still don't agree with this kind pf practice. This might be one of the reasons why most Asian kids are too dependent to their parents. It might be a better idea instead that parents will help children to stand on their own just like most western countries do.