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Reply to "s/o - feeling "poor" at these ludicrously high incomes. what are they actually missing?"
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[quote=Anonymous][quote=Anonymous]I think it's that as you move into different circles you become aware of additional things to desire/covet. Growing up, I never knew anyone with a beach house so it never occurred to me that I was missing out. But now that I know people who have them, I wonder if my kids are missing out because we don't. Same with super-expensive sleep away camps, a boat, etc. The list of things to desire just gets bigger. Also, we took music lessons with the little old lady around the corner growing up. But we found a serious teacher for our kid, which eventually moved to the world of expensive summer music camps, more expensive instruments, etc. That is probably the same with sports, etc. You grew up playing games in the neighborhood and now you know people who have three year olds taking private swimming lessons. Also, I think a lot of is stems from the cut-throat competitive atmosphere. [b]Kids who don't take private lessons don't get into the orchestra at your high school; kids who don't take private lessons don't make the baseball team; you worry that your kids can't compete with the kids who have had math tutoring beginning in first grade and you start to panic that it's not just that you're being stupid and spoiled but that your child is being actively left behind compared to the people who appear ot have unlimited resources to spend on their children[/b].[/quote] This is really true too. At our NW DC elementary 95% of the kids went to a top preschool and comes from a super educated household and started playing soccer/t-ball at age 4 and began taking piano lessons at age 5 or 6. The kids who stand out and actually make the middle school team all played travel sports beginning at age 9. The really good ones started private lessons at age 9. It's just the way it is. I'm sure once in a while a true athletic or musical prodigy comes along but by in large, the kids getting the team spots, orchestra seats, etc. are those with a ton of money being thrown at them from an early age. The baseline for parenting here is really high. To excel (even enough to get a spot on a school roster) you have to really, really invest a TON (mostly in money since pretty much all of this is hired out). [/quote]
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