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General Parenting Discussion
Reply to "Do you worry about your children experiencing downward mobility?"
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[quote=Anonymous]I know many peers that are really obsessed with this and working like crazy to build wealth to leave to their kids. I understand it, but I just don't agree. We have enough to support our kids with the big things (college, first mortgage, our end of life care, emergency needs), but otherwise I believe it's up to them to make smart choices and work hard to set themselves up for success. I'm not willing to work myself into the ground and miss their childhoods in the name of generational wealth. I've also seen how fast generational wealth can disappear, and it just feels like you're sacrificing your own quality of life for an outcome that won't help more than a generation or two. [/quote]
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