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Reply to "It’s extremely hard to raise kids in a nice neighborhood without generational wealth "
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[quote=Anonymous][quote=Anonymous]I hate the term "generational wealth'. I feel like this is all we hear about these days. Are people done with building their OWN wealth??? [/quote] Well most with "generational wealth" go on to continuing building wealth. Sure there are a few losers who just live off a trust, but vast majority of kids who have parents who fully pay for college, give them first cars and downpayment for a home were simply setup to excel in life. They grew up expecting to do just that, so the financial assistance is just a means to ensure they can easily excel at life. But most that I know are still high earners and have high goals for their careers. It's what you have grown up being expected to do. [/quote]
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