Reply to How are you preparing your children for downward mobility?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think about this a lot. The odds all 3 of my kids (or even just 1 of them) achieve the success of DH and I is minuscule. We come from rural MC families so we have a value system aligned with hard work, good education, lots of hustle that I hope sinks in but we live in a huge house and take amazing vacations all the time. The best I can do is teach them about personal finance and being a good person. And to not count on us for money (though I bet we’ll be the grandparents paying for private school tuition like I read about all the time on these boards). [/quote]

Not everyone wants a large house.  Not everyone likes to travel.   Not everyone strives for UMC.

Why can’t they count on you for money or help?   The biggest part of community is family.   A down payment on a house is much more important than private school tuition which isn’t a necessary.

[/quote]

Because if they think they can bank on our money, they won’t be motivated. I don’t want them moving home or not working. I want them to be happy, healthy and productive members of society, which means having some ambition. Maybe they don’t want big houses or private schools for their families someday and that’s fine. But I don’t want them to drop out of college or make bad decisions bc they think they have an unlimited safety net of money. [/quote]

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