Tonight, I had dinner with an old friend whose annual income is 5 million. Her son is now four years old. We talked about this topic: How can an ordinary family truly support the next generation? She said three things, and I wrote them down. First: Wherever your child goes to university, try to secure a place for them to stay there. It doesn’t have to be large or luxurious—just a small space of 10 or 20 square meters in a prime location is enough. Once someone has their basic housing needs met, their mind settles. They won’t be chased by rent after graduation, won’t have to move constantly, and can actually save what they earn—giving them the courage to pursue opportunities that require time to develop. She once worked in sales during a period of massive industry红利, where doing well in one year could earn millions. But because she couldn’t afford rent near her workplace, she had to give it up—and even now, she still regrets it. Second: Don’t rush your child to repay the family until they’ve truly found their footing. If possible, increase your support during university and the early years of their career. This isn’t about letting them waste money—it’s about helping them build networks, broaden their perspectives, and expand their horizons. Many opportunities aren’t missed due to lack of ability, but because they never had access to the right circles. Having a little financial cushion in youth makes you far more composed when taking action. Third: Never underestimate your child. No matter how high your income or how much experience you have, accept this reality: The next generation is exposed to information, industries, and opportunities that may be entirely different from yours. Stop trying to educate or correct them all the time. Some lessons can’t be taught—they must be experienced firsthand. Wait until they’ve encountered real problems and stumbled before engaging in meaningful conversation; the impact will be far greater than constant lectures. The biggest conflict in many families isn’t lack of money—it’s that parents think they know better, while children feel their parents don’t understand the times. In the end, neither side convinces the other—and the distance between them only grows wider. The best thing she said was this: True support isn’t about arranging everything for your child—it’s giving them the confidence to take risks when they need it most. A home is confidence. Cash flow is confidence. Trust is also confidence. The most valuable legacy many families leave their children isn’t a large sum of money—but the assurance that, during the most critical decade of their lives, they won’t have to sacrifice their opportunities just to survive.