Family money is EVERYTHING

RealBBer wrote:

Want to marry a high-quality woman? Don't want to be chained to a desk until you're 65++? Want to have kids that aren't going to be debt slaves? Want a nice house in a desirable area?

Well congrats, those things are basically unattainable in 2017 if you don't have family money backing you up.

Want to be All-American? Want to be a Pro making big bucks on the circuit? Want hanger ons kissing your butt?

Well you can't get them in 2017 if you don't have talent and work harder than most other people in the world. Sorry, you loose. Go to the back of the line.

I (at least) have three grad school classmates who are billionaires. One guy was an engineering geek. He's now one of the biggest venture capital guys in the country. I don't know how much he started with in terms of money but I'm sure it was less than $100,000. One guy started a software business with so little money that they used doors on sawhorses for desks. You'd probably recognize the name of the company. The gal, yes, started with $100,000,000 she got from her dad, but she's run it into a world wide business that's worth more than a billion.

Family money helps, although you still have to not screw things up and lose it all, because that definitely does happen. But it is not mandatory.

When you have family means, even if that is just middle class, you have the ability to make decisions that are not just about where the next meal and rent will be found. This is a tremendous advantage. The truly poor spend most of their energy just making ends meet. There is no money for kids to do extra education, sports, or even just play and grow as people. They end up working low skill, low wage jobs to help pay the bills. Poor parents who are supportive can sometimes break the cycle.

Can you achieve riches from rags in America? Sure you can. It is much more likely if you start above poverty? Definitely.

2nd this^^^

Great post

What you said about taking risk is the key. It's one of the biggest advantages "the rich" have is that when you have money it allows you to take risks and if you fail, there's not as big of a consequence.

French Dawg wrote:

The sons of obama wrote:

Awwwww it sounds like a liberal snowflake is offended

Actually what he said is hard work leads to success. There is not even a hint of snowflake there.

WTF'UCK is up with this snowflake_shit?

Like - what is thef/uckin opposite?

rain? is the GOP likethef[uckin RAIN???

hairy man dangle wrote:

As a person with adhd and an overall lack of focus I can honestly say i wouldn't have made it through university if not for my parents making good money and supporting me for 7 years of a bachelors (yes, 7 years). I had far more help than i deserved and its a privilege most don't have but man I am thankful for it. I know some of my friends feel bitter about it because they worked very hard and deserve success much more and I can't even say I blame them

Bro I hate to say it but I know for a fact your name was inspired by me using that name in the past... try to be original bud

It is no wonder most of you do not like Trump. Their is goodness in us all. But most of us are just to stubborn to see it. Be different. Peace.

Congrats to everyone that has a wonderful rags to riches story. Not everyone is like you, or came from your situation. There is this thing called empathy and it is important to understand how another's life situation may affect their choices and actions. That's all I have to say on this subject.

what ever

shit usually works out

vivalarepublica wrote:

Congrats to everyone that has a wonderful rags to riches story. Not everyone is like you, or came from your situation. There is this thing called empathy and it is important to understand how another's life situation may affect their choices and actions. That's all I have to say on this subject.

Cool. It is also possible to have empathy and still post anecdotal rags to riches stories to point out the trolling OP can do better.

I take it you're not married. Go earn $10,000 and invest that for retirement,in the next 18 months. That should be easy enough.What are you passionate about? Make a career in that area. Start your own business,doing something you love. People have made fortunes doing almost anything you can think of.

You can too.

Remember you will not get rich working for someone else.

Most people don't want to have money,they just want to spend money.

RealBBer wrote:

Oh please... wrote:

This is all possible if you live someplace reasonable like the Midwest.

Yeah, lets all move to Youngstown, OH and buy a 75k house, work in fast food, do nothing on the weekends, be fat, have an ugly wife, ugly kids, and die from an opiod overdose at 40. That's a solution we can all get behind.

This sort if ignorant stereotyping shows why you are hopeless living in an are so over-priced that most who live there can only hope to be paycheck to paycheck, even with decent jobs.

I live in a very nice area of Indiana, enjoy the relaxed rural atmosphere, yet work for a large corporation. Barely a third of the way into my career I'm at $200K, I've got a wonderful family and at the rate I'm saving I'll retire in my early 50s to take some risk and play around with a private business. Meanwhile, I can enjoy my 4000 sq ft house and 20 acres because I spend less on my mortgage than a NYC apartment costs.

And I built myself up from nothing, my parents were near-poverty and had nothing to put to my college education, but they gave me a hell of a work ethic.

RealBBer wrote:

Want to marry a high-quality woman? Don't want to be chained to a desk until you're 65++? Want to have kids that aren't going to be debt slaves? Want a nice house in a desirable area?

Well congrats, those things are basically unattainable in 2017 if you don't have family money backing you up.

Completely false.

Amen, OP.

Senior-Lazarus_Long wrote:

I take it you're not married. Go earn $10,000 and invest that for retirement,in the next 18 months. That should be easy enough.What are you passionate about? Make a career in that area. Start your own business,doing something you love. People have made fortunes doing almost anything you can think of.

You can too.

Remember you will not get rich working for someone else.

Most people don't want to have money,they just want to spend money.

This has literally nothing to do with what I wrote but you replied to me?

I don't think it's accurate to say family money means everything. Also, 'family money' is defined differently by different people. In my case, I got ahead by having parents who wanted me to have a better education than they had, taught me the value of a good work ethic, doing my best and keeping my credit clean. I also asked adults who I considered successful people what college major they would choose if they were me and where they thought the opportunities would be. I followed that advice and then approaching graduation from college, chose a career path that would lead to progressive steps up. Now, I did not have the great grades I would have had to make it easier, so I had to do some real fast talking in interviews in order to get the first few jobs.

All this is to say that many successful people have great successful lives regardless of background or socioeconomic status. Yes, it does help to be able to work unpaid internships for the experience when you can do it without needing a paid one, and it helps if your parents can send you to great schools and pay all or some of the cost.

Fair enough - it's not EVERYTHING but it's huge. It frees you up to do all kinds of cool stuff (start a business without worrying about becoming homeless if it fails, take some time off to travel, work on cool hobbies, raise a family and actually spend time with them, etc)

hairy man dangle wrote:

As a person with adhd and an overall lack of focus I can honestly say i wouldn't have made it through university if not for my parents making good money and supporting me for 7 years of a bachelors (yes, 7 years). I had far more help than i deserved and its a privilege most don't have but man I am thankful for it. I know some of my friends feel bitter about it because they worked very hard and deserve success much more and I can't even say I blame them

I respect your honesty. I have a family member who spent 6 years in college and wasn't diagnosed with anything accept laziness and immaturity. Perhaps it was 7 years if you count all of the summers. His parents paid out of pocket for everything, he never even purchased a single text book, even though he received an allowance that was equal to part time job while he was in college. He had a nice car, continued to go on spring breaks, etc., and had absolutely no expenses while he was a student. He went to 3 difference schools, changed his major 3 times and took several courses multiple times. His parents when so far as befriending one of his professors to help him pass one of the courses he needed to graduate. (True story, they joined an organization and had diner with this this professor so that he would help their son.)

This was all a long time ago, this person is doing pretty well currently. As a family they are doing quite well, mainly because his 2nd wife is a high wage earner, smart and don't tolerate his B.S. His parents are retired, they are millionaires, which doesn't mean as much as you think when retired. As far as I know, his parent haven't given him any money long time, but he has cost them a lot over the years. They paid for his 1st wedding, divorce and most of his 2nd wedding. They hired a lawyer to help him with a separate legal situation, which was in the 10s of thousands. His parents made the down payment on his 1st house and paid the mortgage whenever he got into bind, which happen at least a couple times a year. Like I said, he is doing well now and the way his parents see it, if they hadn't fought so hard for him, he would have been life long burden. Btw, talk to any financial advisor and they will tell you that nowadays, besides medical, the biggest burden on retirees is their spoiled money-grubbing underachieving kids.

during that time, he never even