Reply to Has anyone here on a normal income successfully FIREd?

Forum Index » Money and Finances

Reply to "Has anyone here on a normal income successfully FIREd?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Don’t ask this question on a rich parenting board, the parents here all think you’re downright abusive if you don’t spoil the crap out of your kids or that your kids will somehow become damaged if they have to go without.

[b]Not true, there are many poor families who spend practically nothing outside the bare necessities on their children and most turn out fine.[/b] There’s no reason why you need to sacrifice FIRE just because you had 2 kids especially if you front loaded wealth building and already have 7 figures by early 30’s. Private school and travel soccer are a HUGE f***ing waste of money and half those kids end up as useless drug addict trust fund babies by their late 20’s anyway. Just send them to state school, make them take out a bit of student loans, play rec league soccer. They don’t need more. [/quote]

Many of those families have parents working multiple jobs just to make ends meet. On the other hand, telling your kids that they can’t participate in activities and depriving them of opportunities and educational advantages simply so that you can quit working at 40 and sit around playing guitar is flat out selfish and makes you a bad parent.[/quote]

Yes, the kids will not have an amazing and fulfilling life like snobby dcum types.[/quote]

Correct, they will have a working class life, but without the opportunities for scholarship and subsidies that are available to the children of actual working class parents.

Most parents hope to provide their children with a better life than they had…then there are those like op who couldn’t care less.[/quote]

Stop over parenting your kids and trying to give them the world before they’re even old enough to work. I grew up LMC and am now making UMC money as an adult, I feel like my very basic childhood allows me to appreciate everything a lot more. Probably really sucks to go from an UMC childhood to being LMC as an adult, and many of those kids got into that position because they have no ambition. Lots of trust fund babies who ended up as duds in this area. [/quote]
Exactly. So many LMC kids end outperforming the UMC spoiled kids. [/quote]

True, but the ones who come to mind from my generation were aid beneficiaries throughout their childhood.  I'm thinking of a soccer player who got free tuition at a young age to our local club, was accepted into a tuition-free academy, was recruited to a great college, and got a nice sales job after soccer.  Or the kid of a single mom who is a teacher who got free tuition in various programs along the way, enrichment at home, and a full ride to college because mom's income AND net worth were so low.  Both of these kids, though poor, had parents who modeled a strong work ethic at home.   [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics