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Reply to "Anyone here grow up wealthy or well off but have not surpassed parents/grandparents/GG Parents wealth or earnings?"
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[quote=Anonymous][quote=Anonymous]I am definitely earning more than my parents. But they were migrants and were in jobs where it was hard to build wealth (teacher and Government worker). Their solution to building wealth was saving, rather than investing or working their way into better paid jobs. They are now comfortable but are also modest in their expenses. I have been able to be far more generous with my children. We live in a much better area, I was able to put them through private school and can pay for college. I will be able to help buy them homes. I have however worked harder than my parents and took greater risks in my career. I am now teaching my children to invest when young so their lives are easier once they get to my age. I don’t expect they will necessarily earn more than me but hopefully they don’t have to. [/quote] Thank you[/quote]
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