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General Parenting Discussion
Reply to "How are you preparing your children for downward mobility?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What the heck is downward mobility?[/quote] UMC to MC[/quote] Unlikely if they go to a decent college and graduate with a useful degree [/quote] A “useful” degree doesn’t equal a high salary. Generations flip flop all the time. Some do much better than their parents and some do worse income wise. I don’t understand you’re thinking that this generation is on a downward track. Our children have had all their expenses paid for and their living expenses will be paid for as adults. They will work but not top 10% incomes. My husband and I both come from families that weren’t interested in materialistic goods. No LV bags, no Mercedes, nothing show-offy. Good quality, good taste but no labels all over everything. Our kids are the same way. Trying to keep up with trends and fancy places just because Beyoncé goes there is a quick way to start losing money. [/quote]
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