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Reply to "Why do people think you have to spend so much on your kids?"
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[quote=Anonymous]My grandmother and my parents were like you OP. I was horrified when I got older and realized how much my father made and how much my grandparents had and how they made certain college and enrichment wasn't in the cards for us even when we asked. My grandparents made sure no one inherented anything and my parents are just as bad. I married into a family that has provided trusts and has worked to build intergenerational wealth. We don't make as much as you do but we ensure that our kids have high quality activities that will enable them to be well-rounded and interesting people who are not afraid of hard work and challenge. That is half the reason to have such activities--to instill discipline in an endeavor be it music or sports. Aside from lack of sense, it It sounds like you lack social and cultural capital.[/quote]
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