Re:Why smart hardworking people don't become successful (2018)
by lotsofpulp on Monday February 24, 2020 @03:47PM
(#22408267)
>As long as I have enough to live comfortably, stash some away and not worry I'm good, I don't need more.
If I was single and had no dependents, I would need very little to make myself feel comfortable. But with dependents, I feel as if I need to however much I can to ensure their security. That means the living in the best neighborhood I can afford, cultivating a network that can be useful to them in the future, having sufficient income for legal/health matters, and passive income if I become incapacitated.
And this feeling is compounded by the fact that the numbers indicate that if the kids don't get funneled into the "right" tracks, then they will fall further and further behind in society as the wealth/income gap grows and it becomes that much less likely for them to be able to catch up.
If I was single and had no dependents, I would need very little to make myself feel comfortable. But with dependents, I feel as if I need to however much I can to ensure their security. That means the living in the best neighborhood I can afford, cultivating a network that can be useful to them in the future, having sufficient income for legal/health matters, and passive income if I become incapacitated.
And this feeling is compounded by the fact that the numbers indicate that if the kids don't get funneled into the "right" tracks, then they will fall further and further behind in society as the wealth/income gap grows and it becomes that much less likely for them to be able to catch up.