Andrew Carnegie said, The almighty dollar bequeathed to a child is an almighty curse. No man has the right to handicap his son with such a burden as great wealth.
by Randy Alcorn
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Andrew Carnegie expressed a poignant view on wealth, stating that leaving substantial financial assets to a child can be detrimental. He believed that such wealth can be a heavy burden rather than a gift, suggesting that it might hinder a child's ability to develop their own character and work ethic. Carnegie’s perspective highlights the potential negative impact of inherited wealth on personal growth and responsibility.

This idea is echoed in Randy Alcorn's book, "The Treasure Principle," where he emphasizes the importance of joyful giving over accumulating wealth. Alcorn argues that rather than bequeathing vast riches, fostering a spirit of generosity can lead to greater fulfillment and joy, advocating for a more thoughtful approach to wealth and its implications for future generations.

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January 25, 2025

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