My father never really saved for himself, and I saw what that could mean, they did give me a good life, didn't really "save" money but they spent their money on a great education for me, which was of course nice and allowed me to earn a decent amount, not so much nowadays but usually I did earn more than most of my friends except this year, which I can thank my education for it.
However, I believe that we are not looking at something that would be a lot better and a lot longer on this term, I can't really consider this to be changing because when I saw my parents not saving for themselves and having a difficult life, that did leave a bad mark on my psyche that I should be careful and life could be bad any moment. I always have anxiety over my finances because ı kept seeing them have that. So, it is better to save for your kid of course, but maybe saving a bit for yourself and having a decent life so they can see you are doing fine is important as well.
I have similar case to yours in that most of the achievements of my parents were basically giving us good education. They never kept any physical money or treasures but ensured that we were well educated and that to me is the best decision they made because we are now taking care of our mother as our dad died seven years ago. The jobs we do and even participating in this forum was made possible by the education I received from my parents and I owe them whatever I achieve in life because they laid the foundation.
Learning from the steps of my parents, I will do same to my children but I will augment that with making financial savings for them as well to help them get started in life with less stress. One way I have chosen to do this is to invest in bitcoin in which some of them will be for them. Thanks to this forum, I have gain great knowledge on how to go about investing in bitcoin and saving them properly for my children and I know that bitcoin should be the best gift anyone can hand over to heirs.
For sure, you guys are correct that parents will frequently feel lost in regards to how to invest their finances, and so frequently they will try to figure out ways to invest in their children, since if they invest in their children (including values and finances), then the parents are more likely to have some kinds of life security by having had contributed to their off springs who hopefully end up giving back to the financial and/or life security of their parents in their older years.
There are so many varying kinds of circumstances, so we should not be blaketedly proclaiming the balances that parents should be attempting to strike in regards to how much to set their children up financially in light of their also making sure to protect their own financial security to some meaningful extent.
Bitcoin likely helps with these kinds of balancing considerations, especially since bitcoin is quite available to anyone to be able to invest into it in incremental ways and mostly without having to get permission, even though ongoingly governmental and financial institutions are putting obstacles in the way, which should also inspire so many of us to figure out ways to maintain certain meaningful portions of our bitcoin stash (such as 90% or so) within self-custody mechanisms rather than holding very much of our BTC with custodians, even though governments and/or financial institutions are ongoingly putting obstacles in the way of our abilities to self-custody our coins, which we should recognize and appreciate to be amongst the better ways of protecting our own self-interests and also protecting the strength of bitcoin's self-sovereign enhancing value proposition.
The joy I have knowing about bitcoin have no limit because bitcoin simply makes life easy for me and help me achieve a lot with minimal stress. Now I can give my children the education and training they deserve while still planning their financial life in the future. This is made possible through bitcoin which I have been buying using the DCA method with a little percentage of my income that I can conveniently set aside without being bothered. I am happy with how far I have gone with this regarding the quantity of bitcoin I have been able to secure for the future and such amount cannot be gotten at once due to my cashflow, so the DCA method makes if very easy for me.
My parents did not have the privilege of knowing about bitcoin because it has not been created then and from what I know about them, if they had known about bitcoin, they would have definitely bought some for their children even if it is with a tiny portion of their income. So, we are lucky to be in a generation where there is a creation like bitcoin that makes so many things very easy, including profitable investing.