OPINION | This article contains commentary that reflects the author's opinion.
Popular singer and actress Marie Osmond is standing by her decision not to leave her children an inheritance.
The 63-year-old star said “handing” money to people “breeds laziness and entitlement.” She has eight children and eight grandchildren.
Instead, Osmond says her kids will need to work hard and become successful on their own merits.
A 14 years old, Osmond became the youngest female country artist to have a number-one song.
“Honestly, why would you enable your child to not try to be something? I don’t know anybody who becomes anything if they’re just handed money,” she said.
Marie Osmond is talking about how she won’t give her kids an inheritance again & I can’t be the only one who feels this way pic.twitter.com/50QorC4lGo
— Kat Timpf (@KatTimpf) January 18, 2023
“To me, the greatest gift you can give your child is a passion to search out who they are inside and to work. I mean, I’ve done so many things from designing dolls [and much more]. I love trying [and] I wanna try everything,” she added.
“And, I just think all [an inheritance] does is breed laziness and entitlement,” she continued.
“I worked hard and I’m gonna spend it all and have fun with my husband,” the singer.
— New York Post (@nypost) January 16, 2023
More on this story via Fox News:
Osmond said she plans to enjoy her wealth with husband Steve Craig and give the rest to charity after she eventually passes away.
Osmond said she felt that work ethic was lost when an inheritance was expected.
Osmond admitted she does like to “spoil” her 8 grandchildren and she does help her children financially when they need it, like helping them purchase a car.
But she touted how hard work builds self-confidence.
“I love them to learn. You don’t love something if you don’t earn it. And so, even when they get their first car, you pay for half of it, get a job and learn that self-worth that [it] gives you,” she argued.
Osmond made similar remarks in 2020 on “The Talk” when discussing how actor Kirk Douglas gave most of his $61 million dollars to charity instead of son and fellow actor Michael Douglas.