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[quote=Anonymous][quote=Anonymous]I remember when I finished college thinking that I was finally on an equal playing field with all the rich kids. Right? Because you either got the high paying job or you didn’t. Life was finally a meritocracy, and I, the middle class kid of color was finally on their level.

Let’s all laugh together now. 🫠

By the time my peer group was getting married in our late 20s/ early 30s, I realized that I would likely *never* catch up to the sheer engine of generational wealth. My peers were being funded weddings, down payments, and as several people have said here, private school tuition and nannies. It was honestly a good lesson for me to finally stop comparing myself to people who came from very different means.[/quote]

Yes, stop comparing.  But also realize, you can achieve that for your future generations.  We came from MC families, I was on food stamps a few times in my life (and got free lunches at schools---was told to eat up as that was my main meal for the day when times were tight). Graduated college, got married to someone who also wasn't given anything---together we had $80K in college debt (back in early 90s).  Now we had good jobs---but part of that is we were STEM/engineering majors.  We focused on paying off that debt ASAP, living in 1 bedroom adequate place for a few years and used 2nd salary for debt and saving for a home.  While our friends would go out for lunch or eat it in the company cafeteria, we packed our lunch 9 out of 10 days.  Every little bit helps.  
Then we kept living frugally until we were well set with a 1 year emergency fund, and started working towards being able to buy next car with cash.  All of our "vacations" were driving for 3-4 days (so within 3-4 hours) and very basic.  
While our friends flew to "fun places" and spent triple what we spent.

Now we are doing well and our kids have all the advantages in life, and so will their kids.  Because of our work and their work (they both have great jobs in different fields)
 [/quote]

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