For All The Wealthy Parents Out There

There seems to be a paradox for all the wealthy parents out there.

And there is no easy solution.

Now don’t get me wrong — there are plenty of moneyless people with no get-up-and-go.

But see if this does not sound familiar.

1. You start out poor.
2. As a result, your parent’s give you a relentless work ethic.
3. You develop a little bit of a chip on your shoulder about it all.
4. Finally, you make it through school.
5. You work your face off for 20 years.
6. One day you turn around and you are wealthy.
7. And now you have the issue that your children will grow up the opposite of you.

I am not even sure what the best thing to do is.

Stealth wealth?

I am not even sure.

“How does a rich man raise a son who is not a rich man’s son?”

— Rich Cohen, Sweet and Low

Originally published at Sterling Terrell.