boomers man
Timeline
Post
Remote status
Context
2
I'm a millennial, but I'm kind of old enough to remember when the "don't leave anything to your kids" meme was actually being seriously discussed.
The argument was that if you leave money to your kids, it's just gonna spoil them and they'll become losers. This was definitely weaponized to make sure reasonably well-to-do boomers would never form any kind of dynastic power - but there is a kernel of truth to it.
Leaving wealth to the next generation, without turning them into loser trust-fund-babies, is HARD. It's one of, if not THE central concern of Old Money families. All of those weirdo elite private schools where they molest the kids and don't really teach them any useful skills - they're designed to instill in rich kids, if nothing else, that they MUST conserve the family fortune. And even so, it is STILL shockingly common for old money families to lose the family wealth and end up as weirdos with a weird backstory.
But just because it's hard doesn't mean it's impossible, and it doesn't mean it's not worth it.
The argument was that if you leave money to your kids, it's just gonna spoil them and they'll become losers. This was definitely weaponized to make sure reasonably well-to-do boomers would never form any kind of dynastic power - but there is a kernel of truth to it.
Leaving wealth to the next generation, without turning them into loser trust-fund-babies, is HARD. It's one of, if not THE central concern of Old Money families. All of those weirdo elite private schools where they molest the kids and don't really teach them any useful skills - they're designed to instill in rich kids, if nothing else, that they MUST conserve the family fortune. And even so, it is STILL shockingly common for old money families to lose the family wealth and end up as weirdos with a weird backstory.
But just because it's hard doesn't mean it's impossible, and it doesn't mean it's not worth it.
@cjd @sickburnbro old money is just not visible to the majority, but they do conserve their wealth pretty good.
It's just that the fucked up examples are shown to us as a common thing, much like coalburners. That's a small minority, but they are really visible, and are amplified for all to see it.
Funnily enough, the jews are also responsible for this.
It's just that the fucked up examples are shown to us as a common thing, much like coalburners. That's a small minority, but they are really visible, and are amplified for all to see it.
Funnily enough, the jews are also responsible for this.
Replies
2
@wizardmanperson @cjd yeah, I mean if you go to the northeast you can find lots of towns where families are just doing their thing and sitting on a few million in estates and the job is to have a good life but keep adding to the pot
Key: Adding to the pot. Not taking but contributing.