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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]Live frugally and save as much as possible so I can give DC a sizable nest egg that hopefully can be invested and supplement salary enough to eke out a middle class life. [/quote] Or your child will find a job where she is very successful. I have two nieces that have very high incomes in their early 30’s. One is a college drop out who started at a low level job at a start up. Within five years she’s made it to VP of sales and makes mid-six figures. My other niece on the other side of the family got a degree that’s not even necessary, an event planner. Covid shut down her job and she became a recruiter for jobs that were urgently needed. She was making $300,000 per year. Not sure if it will continue but hopefully it will. Both nieces are making much more than their parents did, both nieces average students but they had what it takes for these type of jobs. [/quote]
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