When you see someone in their 20's doing exceptionally well for themselves, how does that make you look at your family, especially your parents?My parents never earned more than like $50k/year and never got anywhere, so when I see people who are like 25 years old who make $300k/year and have a 7 figure investment portfolio already, it makes me think....>oh my.. are my parents low IQ peasants.?........was I born in a peasant family? how is this kid doing 100x better than my parents ever did...and theyve got 40 years on him....I guess my parents are kind of.... well.... maybe even lower class people... that makes me lower class by blood.... fuck
Just focus on having a better financial situation for your kids than your parents did, slow and steady
It’s not all sunshine and rainbows for people like me who have high achieving “go getter” parents… You will find highly successful people tend to also be cheaters in relationships and they create a lot of financial issues when it comes to money in the family and inheritance problems. My father is an extremely high IQ high earning go getter, but that also carried over to him having other women and creating other kids who now have a huge stake in his wealth, and then my mother also is the same, she ended up getting with other men, who came with their own kids If my parents were together and not going around fucking other people and having kids with other people, my inheritance would be like $30 million. But now that’s all fucked up because some random women and random kids of my fathers will be getting huge portions of that, and my mums new husband will also be getting part of that, and so will his kids…. The “high achieving” personality comes along with not being content being with the one person their whole life and there’s no financial chain keeping them together like there is for working class or middle class
>>61212753The true blackpill is realizing that, not only were your parents financially illiterate peasants, but so were THEIR parents and the generations before them. This is why the Rockefellers, Carnegies, Vanderbilts, Rothschilds, Gettys, etc. live in infamy. They truly understand the game and make a concentrated effort to pass wealth along to the next generation. The good news? You can be the one to break the cycle of poorfag.
>>61212916My grandparents were born in the late 1920's and never went to school, they were farming peasants in Europe. My parents were born in the 1950's. My dad went straight into a tech school, not a real school, and my mom only did a few years of high school.
>>61212947So what are YOU going to do to make sure that breaks the cycle? You need to do something big enough so that your bloodline, 5 or 10 geberations from now, will thank you.
The longer you spend interacting with people with money, the sooner you realize there’s always a bigger nepo baby in the sea. You could’ve been born into a 10 figure family and spent your youth fucking hotties in your Aspen mansion. There’s no point worrying about if your a plebeian because we’re all plebeians living in that guys world.
>>61212985Poorfag loser cope
>>61212977I dont know, but im in my late 30s now, and i am thinking ive probably been delusional about my capabilities this entire time because I should have made it by now if I was actually high IQ and talented, seems like I take after my peasant parents and grandparents....>>61212985But I don't even need to go anywhere near as far as that to feel that weird shameful feeling of low status... I can just look at any random 22 year old guy earning $250k as a SWE who already mogs my parents as a kid
>>61212997Sorry bud, your 6 figure salary and 7 figure investment account doesn’t make you a high status individual. You’re just another peon to do the ultra networths bidding.>>61213006>I feel ashamed that my parents are slightly worse off than some SWE slaveIf your being honest your just demoralizing yourself for no reason
Every single person I know that does or did well in their 20s did it exclusively by extreme support, whether they know it or not, from family. If it wasnt money it was parents forcing them into studying alot etc.
>>61212916The average Rothschild is the product of incest.The price of these legacy families is more and more harmful methods of wealth preservation
>>61213035The examples ive encountered one got a high paying investment job out of high school, the others only requirement to work at his dads company and walk into middle management was to get ANY degree from a university somewhere. The latter example smoked weed everyday and partied for 4 years and got a meme degree. The former example actually works hard from what I can tell. Both were making 6 figures by 21.
>>61213035Interesting, my parents and grandparents never really spoke to me about education or anything, which would makes sense because none of them had any education.In-fact the only time I can remember my mom ever mentioning stuff is 1 time is when I discovered that things such as private schooling exists, and I became friends with a guy who went to a private school, and I found out that school was $20,000 per year, and this was a high-school..... my high-school fees were like $150 per year at a public school.My mom said >Oh those private schools, they're a scam, you dont really get any better of an education at a private school!I thought she was correct, because my friend wasn't very smart, and he didn't really become anything, he's sort of failing like me, but I will say. I dont think the point of private schooling is the education, I think its more so related to the fact if you can afford to send your kid to a $20k/per year for high-school, that it gives you status, and it means your kids can make friends with other kids from other wealthy families, and it opens business opportunities up between parents since they're more likely to be socially connected due to their kids all going to the same school and making friends with kids who have wealthy/business mind parents, etc
>>61213085>I thought she was correct, because my friend wasn't very smart, and he didn't really become anything, he's sort of failing like me, but I will say. I dont think the point of private schooling is the education, I think its more so related to the fact if you can afford to send your kid to a $20k/per year for high-school, that it gives you status, and it means your kids can make friends with other kids from other wealthy families, and it opens business opportunities up between parents since they're more likely to be socially connected due to their kids all going to the same school and making friends with kids who have wealthy/business mind parents, etcThe education level is slightly higher, the main boon to private schools is the networking opportunities
>>61213024Anyone who makes under 1M a year is just another hamster on the wheel who will have to burn through their entire youth until they can achieve financial freedom. Even if you make 750k/yr you’re still looking at a decade minimum until you can comfortably FIRE and then another decade or two if you want to set your kids up to not be in the same position as you. You’re still going to be early 40’s at the earliest even if you lived a very successful life
>>61212753My dad joined the army at 18 in 1967, never got deployed overseas, served his time, got a job at social security, then at the department of [redacted]. He has never had a non-federal job. He used this to retire at 48 and never paid for anything for me except my food and clothes. He did pay for one semester room and board at a state college (my tuition was paid by the state) before I dropped out because I couldn't handle it, probably because I am a midwit like him. Now I have to work until I'm dead. Maybe I'll get half of his house when he's gone but that is literally the only thing he owns that is worth anything. It took me until I was 30 to start realizing what I am, a government subsidized peasant. I was told I was some wunderkind and my dad was so so smart. Yet life was a struggle to make more than 20k a year since I had no skills and no connections. I never got a paper pushing bureaucrat job.
>>61212753>are my parents low IQ peasants.?IQ doesn't have all that much to do with wealth. Really wealth is the domain of average and slightly-above-average IQs. Basically none of the highest IQ people are very wealthy. Discipline, and perhaps daring, is far more important to building wealth.
Depends on where you live. As a europoor, if you make 100k per year, married with kids and own your own home at age 30, you are basically top 0.1%. Not having family money isn't strange, investing was not as easily available for our parents generation (internet banking, easy access to global index funds etc.), most middle class wealth, if it exists, is in real estate. Today, anyone who is able to live way below their means, saving 50-60% of net salary and reach 10% annual returns can become finanically independent in 10 years, even shorter if you outperform with crypto.>>61213159This isn't terrible, if you care about legacy you should still be raising a family and forgoing personal enjoyment between 25-40.
parents can only give and do what they can, it's up to their heirs to continue producing wealth. most of the history's tycoons (onassis, getty, vanderbilt) keft their kids fortunes but they were squandered. conversely, most of america's billionaires were/are selfmade
>>61213085>>61213109Actually the main benefit to those private high schools is prefered selection to elite universities. I learned this at one of my previous jobs where I was working with a lot of Princeton, Yale and Stanford graduates. They weren't particularly smart but they got into these schools because their high school of all things was top ranked and well connected. I had no idea these even existed considering I came from a public HS and went to a merely well regarded state school. The selection for those places starts much earlier than I thought, and obviously if you get that and don't fuck up that success compounds as you're looking at grad schools and then jobs. Despite what copers say, school brand does matter because midwits in management can't recognize actual intelligence and need the name as a proxy to judge you.
>>61212753My dad stumbled his way into making shitloads of money working from home like 10 hours a week and going on the occasional business trip despite not doing particularly well in school, not having any real connections and coming from a poor family, and both having a genuinely good work ethic but also very high luck. I’m not doing horrible for a 25 year old in modern times but I can tell he doesn’t understand why im not actively in the process of outpacing him since I’m not going from blue collar rural farm family to making $400k a year by the time I’m in my early 30s like him, but he hasn’t exactly been a mentor or guide at all, he basically just paid for shit when I was young and it was nothing and then thought I’d figure everything else out fending for myself as an adult and become even better because I grew up in a nicer house than he did. My parents are very much new money, basically uneducated white trash in their hearts with a thin veneer of wealthy successful on the outside.
>>61212869Perfect example of why the social rules were so much stricter for the upper classes for 99% of history.
