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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]These articles focus on career “success” and not money “success”.

The insurance policy is that the graduates have rich friends and/or marry someone rich. How many parents on this board earned their 1% vs married their 1%? I am semi-successful professsionally from a meh-private college; my money comes from my husband’s family, not my career.[/quote]

Sure if your only goal for your kids is that they enter the 1% and marry rich - you should sweat getting them into Princeton. I don’t think that is the only goal most parents have for their kids. Maybe I am wrong. [/quote]

It isn’t marrying rich for me. It’s being around the right cohort. It matters in the long run.[/quote]

If you want to make lifelong connections to the "right cohort" you should put energy in getting your kid into the "right" K-8 or K-12. The lifelong friendships are made then, and private school students at elite colleges often hang with other kids who went to similar private elementary/high schools. Elite college is cliquey but in kindergarten the kids are so young they don't care. That's been my experience having gone to private K-12 in NYC myself, putting my kids through that now, and having one at so-called "top 20" elite college now. [/quote]

Long ago I went to an expensive private K-12. I still keep up with my friends from back then. Many of them were (and are) generationally wealthy. But those connections haven't done anything for me career-wise, because those people often did not have (and do not have) "real" day jobs. If they have jobs at all, and many don't, they are luxury / hobby jobs. They are artists, authors, professors, etc. - none of which they need to do to put food on the table. All this despite generally going to elite colleges, which was much easier to do in those days. I can only think of one guy who became a player in the finance world. So don't knock yourself out making "connections" with rich kids, those connections may not do anything for you. You want to make connections with other UMC striver types, not the types who inherited wealth and don't need to do anything with their lives.[/quote]

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