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Reply to "Generational wealth. What's behind the obsession?"
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[quote=Anonymous][quote=Anonymous]With so much parental and grandparent support with everything I wonder how self motivated your children are. I also wonder on their feelings of self- efficacy. It’s so important for young people to develop these things.[/quote] Based on my life experience and what I observed among UHNW and poor and middle class, there is no guarantee of outcomes when it comes to motivation. Low motivation kids grow up in all sorts of settings from poverty to mega wealth. Same is true for highly motivated and ambitious kids. The only thing your wealth ensures is that your kid who is unmotivated has a lot less probability ending in tragic circumstances, on skid row or worse. [/quote]
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