If you become rich / wealthy and decide to have kids.......

This topic was created in the Miscellaneous forum by Adreamuponwaking on Tuesday, May 29, 2018 and has 9 replies.

Profile picture of Mr_Pinchy
@Mr_Pinchy
9 Years5,000+ Posts

My dad and mom once employed me at a family friends' company once as "schooling". It involved digging trenches for internet cables. I quit after 4 days.

It didn't teach me to be less of a marker but it sure made me determined to never work in physical labor again.

Profile picture of nikkistar
@nikkistar
9 Years10,000+ Posts

Simple, it's not their money, its my money. Yes, they can benefit from my life style , but they are not ENTITLED to it.

If you want a car, I will buy you the car (and it won't be a new car, ever), but you will have to pay for the insurance, maintenance, and gas. You want clothing outside of what I provide for you? That job you will be getting at 15, will pay for that. You want to eat out on your own with friends, without going with the family, you pay for your own.

Profile picture of lisabethur8
@lisabethur8
14 Years50,000+ Posts

Posted by AerialView
Tbh I don't care as long as they love me back and not breaking any law.

i'm kind of the same way.

i'm more generous than id like to be, because i just dont believe in depriving them too much.

but i do believe in ur children going to school, getting a skill they desire (even if it's just cutting hair and working in a salon, or bartending..it dont matter. i want them to survive out there too)

and do well in life, and be happy. and love me back too cause i give them lots of love as well.

and yeah no breaking law, because i want freedom for them.

Profile picture of rabidtalker
@rabidtalker
15 Years5,000+ Posts

Dont isolate them from whole segments of society. Obviously you want them to be safe, but not completely insulated. Compassion and gratefulness go a long way. Lots of volunteering.

Profile picture of pisceswoman123
@pisceswoman123
9 Years10,000+ Posts

Posted by AnotherTaurusGuyReturns

Posted by pisceswoman123
Making them work for it. The more they work the more they get. Like that they will always appreciate what they have and not take it for granted.

One of the 'dragons' from the Dragon's Den TV show in the UK (I understand this is a global show) is doing something like this. So if his kids get a 'normal' job like nurse or teacher he's going to match their salary or something like that.

If you were just given all of this wealth on a plate I don't see how you could value it.

Jones doesn’t just preach social mobility but actively instills the same principles he grew up with into his own children. He insists when his time comes he will probably give the bulk of his fortune away. “My kids certainly aren’t going to have the money. They don’t need it.”

When they were younger he limited pocket money to £25 a month, earned through domestic chores, and has established performance–related trust funds which top up money they make themselves. Under the scheme, any wage they earn through philanthropic activities will be multiplied by four.

“We’ve all seen those spoiled little brats that end up being given everything and on their 17th birthday get a Ferrari,” he says. “That whole thing I just can’t bear it. You meet people far more successful than me and they’ve got huge wealth and then you meet their kids and think, 'wow’. It’s a huge disappointment and that’s the downside to capitalism, that money can change your life. I don’t like that side of it. If anybody came into contact with any one of my kids they would have nothing but praise for them.”

https://www.telegraph.co.uk/men/thinking-man/peter-jones-if-i-was-in-charge-of-this-government-id-have-sacked
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Exactly🙂

I think it’s important for their happiness too. If you get spoiled you are never satisfied. That will always make you restless and unfulfilled.

It’s not about money or things. It’s about feeling thankful for what you have. That comes from earning it.

Profile picture of Echo
@Echo
8 Years1,000+ Posts

Shiet, if i was wealthy (i am in my dreams) and I had kids I'll make sure they bring home good grades and do their chores if they want to go out.

They will learn how life is without my help. If they cant learn all the responsibilities, not even a penny given.

You work hard for what you deserved.