Reply to Generational wealth. What's behind the obsession?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Because poverty sucks. I can from wealth and my wife does not. For the first time in my life I got to experience someone who was actually poor and crying while telling me how much they struggle. I still don't truly understand poverty. But I'll do everything I can do so that our kids have more than we did.[/quote]

Jeez you’re not too bright are you?  It’s very easy to understand poverty.   Maybe visuals would help you. Watch some documentaries about families struggling.

I don’t know how people can go through life and not know people who are poor, people who are rich and middle class.   It must be stifling to live in such a small box.  [/quote]

Okay my kids are growing up very privileged in a nice suburb. They will likely go to to a top private college. Now, you tell me, at what point are they going to actually understand poverty. Knowing is not the same as understanding.

And I'm the US we have a powerful thing call property taxes. You can pretty much shelter your life by living in exclusive neighborhoods, going to exclusive restaurants, flying business, etc. you can actually spend your entire life and not know a single person who is is dirt poor. This is not Nigeria where a billionaire may have a beggar as neighbor. This is the US. Poverty is well hidden here. So whether the trust is uncomfortable to you or not, many of us who live in these "exclusive" suburbs live in a box. Woohoo OMG Becky someone got shot where where look at Channel 9 OMG .....so ridiculous [/quote]

I’m not sure what the definition of “dirt poor” is.  You’ve got your kids in a very small world that you apparently never leave. Why only exclusive restaurants with children?  If your children excel at an activity they leave their neighborhood to train with the best at all income levels.  Camps outside of your neighborhood will have all income levels. Private schools have a variety of income levels. Colleges have students from all kinds of backgrounds.  It’s tough to go through life not knowing people from all kinds of backgrounds

We have generational wealth going back two generations and currently funded for the next two generations.   Our kids have had money since they were born.  We don’t go to exclusive restaurants, mostly just local places, we’ve never lived in an oversized home, we don’t buy cars that cost 100k.  We’re comfortable living in a community that is middle class up to the 1%. We don't have to worry about college funds, private schools, expensive camps and vacations.  We don’t have to worry about money but respectfully we don’t buy expensive showy things with money earned by past generations.   [/quote]

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