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[quote=Anonymous]Academic, career success and building generational wealth are three different ends that require three different sets of skills, with the former in no way guaranteeing the latter and vice versa. Personally I don’t think the teachers at my child’s private schools know a lot about any of the above, but I’m not terribly bothered, as these aren’t my goals for my children.

There are careers that offer the possibility of ending in building generational wealth such as private equity, venture, entrepreneurship, acting, writing, etc. So much of this is west coast-based. Very little in DC. I wouldn’t post on a DC forum to learn more about this

On my street in DC, every house has at least one Ivy degree up to 4. No one is wealthy, but every one lives quite pleasant lives. I imagine this is why many parents are stressed about their children doing academically well, because they know how academia opened the path to their current lives. However, my street is the tiniest bubble in a world where tons of people live amazing lives and have things people on my street do not — like generational wealth. By not going down the same path, maybe my kids give up living the life I led. Maybe they find one that’s better. Maybe their better life is grounded in something other than external success. Who knows[/quote]

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