Anonymous wrote:The idea of making your kid flounder so that it will teach them to pull it together is based in the flawed belief that people should be “self-made” and pull themselves up “from their bootstraps”. Failing and figuring it out does contribute to growth, absolutely. But most of the people around you who meet all the hallmarks of traditionally defined success (money, nice house, nice cars…) just didn’t get there on their own, no matter how much they want you (or themselves) to believe it. There is so much hidden support that it makes everyone else believe that if their kids don’t flounder and figure it out themselves, they’ll never figure it out like all of these self-made successful people.
Here’s the truth. A very, very small percentage are truly self-made. The others also work hard, but they (rightly) take advantage of all the opportunities afforded to them to get a leg up and start the race already ahead of the rest. Because life can be hard. Parents pay for college or pay off their loans, give large sums for down payments, help with major home renovations, and generally find ways to transfer wealth before it becomes inheritance, they call in contacts to help with a first job, pay for multi-generational family vacations, give them their “old” car which happens to be a BMW/Mercedes/Lexus. I know, because I am now one of them. Married into a family with wealth and it is so, so eye-opening.
I, and many others, falsely believed that smarts, hard work, risk-taking, and perseverance in the face of hardship is what led to others’ success. Nope. It was actually being able to live rent-free in their parent’s NYC apartment while they fearlessly built their careers and saved a sh*t ton of money.
I’m teaching my kids the values of hard work and perseverance. I let them make minor mistakes that have no consequence other than a bruised ego that comes with a good life lesson. But I will make sure a financial and emotional support follows them wherever they go. And they should never be ashamed of it.
Exactly my thoughts. In order to pull themselves up by their bootstraps, they need some boots.
I also came from poor beginnings, family of immigrants, and thought that the American Dream meant working hard and good things will follow. I learned quickly that is not necessarily the case unless you have help, connections, etc. It's jaded me, actually, learning that. And it was so hard making something out of nothing. With no help.
My kids will have help.
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