{"id":1712571,"date":"2022-10-26T18:34:57","date_gmt":"2022-10-26T22:34:57","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1712571"},"modified":"2022-10-26T18:35:16","modified_gmt":"2022-10-26T22:35:16","slug":"rich-kid-problems-and-leaving-your-children-an-inheritance","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rich-kid-problems-and-leaving-your-children-an-inheritance\/","title":{"rendered":"Rich Kid \u2018Problems\u2019 And Leaving Your Children An Inheritance"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frich-kid-problems-and-leaving-your-children-an-inheritance%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1712571&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Question of the Day: Should you leave your children an inheritance?<\/p>\n<p>You guys know my story. I didn\u2019t come from anything. But now that I\u2019m raising children, I get worried that I am spoiling them and they won\u2019t learn to appreciate hard work. They need to have a little bit of struggle to understand how to be productive human beings in society.<\/p>\n<p>I think about it even with my son\u2019s little actions that he does \u2014 when he doesn\u2019t want to eat his food and he just sticks his head up, sticks his nose up.<\/p>\n<p>I think to myself, I was not allowed to do that as a kid. I would get smacked in the back of the head if I didn\u2019t eat my food.<\/p>\n<p>Now, of course, my son isn\u2019t even two years old, so he\u2019s got plenty of time. But what about people that grow up and they\u2019ve always had every single thing they\u2019ve ever wanted? Do these people turn out to be okay?<\/p>\n<p>I think the answer is mostly no, and I\u2019ll tell you why.<\/p>\n<p>There\u2019s one experience that has really stuck with me. And I say this with sympathy in my heart. There was a girl that I was best friends with throughout my college years and I\u2019m still good friends with her. She is actually a good person, but she grew up with a little bit of wealth.<\/p>\n<p>Her parents were able to give her whatever she wanted. She was the firstborn in her family and after school, we both moved to New York City.<\/p>\n<p>I remember being with her right after her father decided it was time for her to start taking care of herself.<\/p>\n<p>So, I have worked since I was actually 14 years-old. I had to take out student loans to go to college.\u00a0I\u2019ve always had to pay my own rent in life. If I was not paying my own rent, I would have been living at home.<\/p>\n<p>My friend didn\u2019t have that experience, so this entire concept of supporting herself really caught her off guard.<\/p>\n<p>Her dad was very fair about it. These were the rules that he established. He told her every three months he was going to remove 25% from his financial support.<\/p>\n<p>So essentially, when she moved to New York City, he was covering 100% of her rent and expenses. So for example, he would start off giving her $2,000 per month, then three months later knock that support down to $1,500, and then three months later $1,000 and so and so forth.<\/p>\n<p>Personally, I thought this was a pretty good deal \u2014 giving her an entire year before she would have to support herself.<\/p>\n<p>Yet it devastated her.<\/p>\n<p>Obviously, she was suddenly realizing that money does not come out of thin air, that she was not making enough money to live in New York City. I remember going over to her house when she was having a legitimate anxiety attack. She was crying, breathing deeply.<\/p>\n<p>I was trying to calm her down when she said something to me that never left me. She said, \u201cIf my dad wanted me to figure out how to support myself, then maybe he shouldn\u2019t have gotten me a pony.\u201d<\/p>\n<p>She was being very serious. She wasn\u2019t making a joke.<\/p>\n<p>And I remember looking at her almost like an alien visiting another planet. I couldn\u2019t even comprehend the words coming out of her mouth, but I\u00a0 knew that she meant the words sincerely.<\/p>\n<p>Again, she was not a bad person. She was a person that had never been made to suffer.\u00a0And being cut off from her father was the first form of \u201csuffering\u201d that she had to experience \u2014 a full year to figure out how to support herself in her young twenties.<\/p>\n<p>While I felt bad for her, I realized at that moment I was grateful to have come from nothing because it had completely changed my perspective throughout life.<\/p>\n<p>It made it so that I had to work harder from a younger age. I understood that everything she had was a sign of privilege.<\/p>\n<p>She had the exact opposite of what I experienced. She had no perspective of where the money came from.<\/p>\n<p>And because of that, I believe firmly in \u201crich kids\u2019 problems.\u201d<\/p>\n<p>It is a legitimate problem.<\/p>\n<p>We have to do a better job. So I ask the question again, should you leave your children with everything you worked for? Does it actually produce a good human being at the end of that lifetime?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question of the Day: Should you leave your children an inheritance? You guys know my story. I didn\u2019t come from anything. But now that I\u2019m raising children, I get worried that I am spoiling them and they won\u2019t learn to appreciate hard work. They need to have a little bit of struggle to understand how &#8230;<\/p>\n","protected":false},"author":1,"featured_media":1712574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1712571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1712571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1712571"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1712571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1712574"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1712571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1712571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1712571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}