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Reply to "If you grew up lower class and became rich "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What surprised you most about being rich? Or what surprised you most about the lives of rich people? [/quote] How almost all of my anxieties can be resolved with "worst case scenario, I lose $xxxx, and that would not affect my life significantly, though I'd be very annoyed about it and am going to try to stop it." When that exact same amount of money took me more than 2 years to achieve as a net worth milestone after graduating college (starting from modest student debt). Related. How easy it is to get money just for having money, and the argument is that you deserve that because you are taking a risk with your money (investing) and the government needs people to invest in stocks or in housing (and be landlords for people who may never have a home). I get this is the whole concept of capitalism, but it really makes me look at all of those "I worked hard for my money, why am I getting taxed so much" whiners in a different light. And it is easy to lose that same money in taking risks, but generally, a diversified and balanced investment portfolio goes up. How people that come from family with money like to talk about how hard they worked for their standing in life, especially when they are young. It isn't that they didn't work hard, but they don't see how many people work just as hard and don't get the same result. Or how they can take certain risks (and get the reward) because they have always had a family safety net to fall back on if things didn't go right. Mostly, how much easier life is, though. You just don't have to worry about little stuff, and can look at the bigger picture of finances & life.[/quote] Totally! It is easy to “bootstrap” a business when you have family money and resources to fall back on. [/quote]
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