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Reply to "Does wealth beget Wealth?"
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[quote=Anonymous]My parents were both raised very poor. My father went on to generate a ton of wealth through corporate real estate. Because of their annual gifting and trust funds that they have set up for my siblings and I as well as for each of our children, it has been easy for us to amass a lot of wealth (even outside of our trust funds, which my husband and I have not touched). I had no student loans. My children are already taken care of without us having to save for their college etc. This sort of generosity has made our lives much easier, even though I was a high earner and married a high earner (I have SAH for the past 9 years). So yes, wealth certainly begets wealth in my experience. [/quote]
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