Rich kids know that they have everything so they can explore their passions and pursue their ideas. Poor Kids know that they have nothing, so they work hard. The “false” safety net that middleclass parents inadvertently afford their kids is their greatest bane and undoing. It is often a startling realization for middleclass kids that their parents are not as financially secured as they had assumed! This is the case whether they are high school students suddenly learning that mom and dad cannot pay the mortgage or young adults who are discovering much later that they must scrape their way through college. This is worse for middle class families living paycheck to paycheck, as they very easily descend into poverty. In the case of middleclass kids, the illusion of wealth is only eliminated after there is a job loss or serious economic downturn as the family is usually thrown into crises. They do anything and everything necessary to succeed, their resilience is built on the premise that they have nothing to lose by trying! They change jobs, try new businesses, move to a different city or even a new country. In my interactions, I have observed that my friends from very poor homes are extremely motivated and very risk preferring.
It can be a limiting or a motivating factor, depending on how one allows it affect one’s life. Poverty, on the other hand, is a two-edged sword. Politicians work their kids into political offices, while entertainment and sports stars prep their kids for careers in the same field! Infact, short of some outliers, children often become like their parents! They make the same mistakes, and experience similar victories.
It is not surprising that children whose parents are doctors and lawyers often become doctors and lawyers too. When “these people” are your parents, we are more inclined to adopt their lifestyle! Life has granted you a front row audience in their “success” journey, how dare you question a tried and tested model. We imitate their lifestyle and replicate their habits with the hope that one day, we too can achieve the same level of success attained by these people.
Richs edu kids professional#
Our friends who attended the same college as we did, colleagues at work who have attained exceptional success and climbed the professional ladder, successful siblings we grew up with, and accomplished close acquaintances in our social circle. We are often influenced by the definition of success of those closest to us, it is a subconscious thing. They have watched their parents successfully navigate adulthood and present them with a model of success that is hinged on a steady, stable, and predictable pay check. Middleclass kids are born into relative ease and comfort that gives an illusion of wealth. Y et”), an acronym I stole from Kevin Kwan’s Crazy Rich Asian). I have always categorized the middleclass into two groups those who live pay check to pay check and the HENRY’S (“ H igh. Really, who wouldn’t want to be a trust fund baby? The real challenge is what happens to kids from middleclass homes, the “inbetweeners”, the ones who are neither “rich” nor “poor”. It is also common knowledge that scions of rich homes benefit from their parents’ wealth as adults. Hopefully someone reading these will take it to heart and know that living a life with the things you need and being grateful is so much better than being stressed and feeling like it's not enough.There is a reason why the phrase “grass to grace” exists, stories of people from dirt poor backgrounds who by dint of hard work, diligence, discipline, and yes, sometimes a stroke of good old fortune emerge as incredibly successful adults. If only we could get the chance to do it all again!. Spent more time at home and less time working for extra money, honestly trying to fill a hole in myself and what I missed out on. To have had that mindset and lived simpler, put extra money into savings for the future and lived within my means.
And now that he's grown the memories he talks about are things we did together, not things I bought. When he got older I worked two jobs sometimes to afford all the newest game systems and the games. His first Christmas looked like Toy's 'R Us had exploded in the living room. I grew up poor too, got made fun of for not having the popular clothes and such.
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