Reply to Upper middle class people- why don’t you want your kids to live a life of leisure?

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[quote=Anonymous]DH and I were MC people who through some lucky breaks and education are now among the top 5%.  However, top 5% in DC is actually not that much richer.  It is probably a MC lifestyle in DMV. Our mentality remains that of an MC person, in that, we value a lot of intangible things more than we value material things.   That has prevented us from being rich or UMC and instead  we are just DMV MC.  Now, the truth is that we will be providing for my kids college education. Perhaps pay for their modest weddings, certainly their first cars, maybe the down payment for their condos. But most of all we will be there to ensure that my grandkids are looked after so that my kids can carry on with their career and not have to choose to become a SAH parent like I did.

Personally,  I don't think of my choosing to being a SAHM a sacrifice because it has yielded two happy and well adjusted, high performing kids and I did not miss out on the short time the kids are with us. So no regrets. But I do have a very clear-eye understanding now about what hidden opportunities and paths are available for rich kids that DH and I did not have growing up, although we were able to provide some of it to our own kids when we had a good HHI.  Our big contribution will be in the way of providing childcare. Our kids are going to be very much like what we are. In that, they will also want a good standard of living, they will be financially savvy and  they will also want their children to be well looked after and excel at school.

At this point, a life of leisure is not a life where you do not have a job or a task. For us, a life of leisure is having impeccable and trustworthy help in raising your family, having time to look after your health, be able to pay for kids education and enrichment, not be a financial burden on anyone in your old age, be able to afford a home, college tuition, nanny, health care, retirement.

In our opinion an educated and informed  SAHP or  grandparent(s) who can provide (or supervise) childcare, counselling and direction to kids and grandkids remains a secret weapon for the advancement of the careers, earning potentials and peace of mind of the whole family.  YMMV.

A life of leisure for us is having a strong support network that helps all generations, provides safety, security and options and helps in creating and preserving wealth for greater good of the family rather than one individual.

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