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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Money is not everything. There are a lot of miserable well paid people in the DMV who work in soul sucking jobs. They have traded their dreams for financial security. That's a heavy price. [/quote]
There's a balance.  Money isn't everything, but you need money to survive. Even if you have somewhat wealthy parents who can support you, what happens to your kids when the grandparents money is all gone by the time they reach their adulthood?

Teach your kid to fish.[/quote]

“Shirtsleeves to shirtsleeves in three generations” is a common phrase that describes the unwanted outcome of transitioning hard-earned wealth to the next generation. It turns out that this unwanted outcome has been present for centuries, with many cultures having familiar colloquialisms.  Italians say, “from the stable to the stars and back again.” “Clogs to clogs in three generations” is a phrase from the 1700s in England. The Chinese proverb “Fu bu guo san dai” translates to “wealth does not pass three generations” and dates back thousands of years.

Many great entrepreneurs built their fortunes as scions of wealthy families - but brought the requisite work ethic.  Unfortunately, an exponentially larger number have squandered the family wealth. [/quote]

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