#1

Being born into a well-off family isn’t a ‘sin’ or anything like that. Growing your wealth and being able to give your kids a better life than you is a dream that many, if not most, people have. Financial stability gives you peace of mind, insulates you from economic shocks, and gives you access to high-quality, well, everything: from food and education to healthcare and services. And, yes, the quality of your relationships, your health, and purposeful work are all more important than your bank account. But if you’re barely scraping by, it’s hard to focus on the most meaningful things in life.
What is really problematic is if you come from wealth and live in a way that’s incredibly entitled, arrogant, exploitative, and has barely any connection to the real world. What parents need to do is instill positive values in their children, where they appreciate where they come from and the struggles that most people around them deal with. Humility, empathy, gratitude, charity, generosity—these are all the signs of a mature, well-rounded individual, no matter the size of their investment account or trust fund.
#2

It's not something that I realized all at once, but little things that happened throughout my childhood and early adulthood really hit me and I suppose if I really think about it, I still realize new things about it from time to time.
When I was younger we lived in a fairly small town so private schools weren't a thing in my life yet, so for the most part I had a relatively normal upbringing in that sense, with the exception of I had just a little bit nicer stuff than all of my peers. I remember a couple of times I had friends over for sleepovers and we'd go out for pizza or whatever and my friend not knowing what to do because she had never been to a restaurant before, where my family had been going out to eat a couple of times a week my whole life. There were a lot of things like that, my friends might get to go on a day trip to the lake for vacation, my parents would take us to California or Europe. Ours was the only house among my friends that had air conditioning or cable, My dad gave me a credit card and cellphone when I was 12 (this was in the late 90's, definitely not normal then) things like that. I was probably about 10 when I started being conscious of my situation being a little bit different.
We ended up moving to larger city after my mother passed away (I was about 14) and my dad put me into private school at this point, so I wasn't "the rich kid" anymore because everyone else was rich too and it didn't stand out as much. In that type of environment it's easy to forget that you're not in a normal situation. I think this is part of the reason a lot of wealthy kids seem like entitled little s***s, a lot of the kids around them are that way too, it just seems normal at the time. It doesn't make it right though
Probably where it hit me the hardest was after I graduated college I had a job for a short time working with people with disabilities, I remember working with this one client trying to figure out how to budget her food stamps. I absolutely could not figure out how to feed this client with the $80/month she had to work with. I had never had to budget for groceries in my whole life. That job opened my eyes to what poverty is like more than anything else in my life.
I'm in my 30's now and I get about $50k a year in a trust fund plus about another $30k from my job, so if I didn't want to I wouldn't have to work, I will inherit more when my father passes away but I'm hoping that's not for a long time. For me working is truly just a hobby that I get paid for. I work usually around 20 hours a week, and spend the rest of my time on other hobbies and volunteer work. I have a very low stress life. I prefer to keep it that way as opposed to working really hard to have more money which won't make me any happier. I grew up watching my parents be complete workaholics, that's not a life I want for myself. It can cause a rift between my dad and I at times since he thinks I'm lazy. He's probably right, but it just seems pointless to me to work a stressful job just to impress other people.
None of my friends are rich, I've never really enjoyed most of the rich people I have known throughout my life, so I tend to shy away from those circles. I don't bring up my trust fund, and I don't live very extravagantly (I drive a used car, small apartment, don't drink or go shopping), so I don't think most of my friends know I'm wealthy.
It's been strange in romantic relationships, I've found that it's caused some jealousy for most of the guys I've dated. I don't think it's so much because of the money itself, but from the freedom it provides me. It's been a sore spot when they were tired from working 50 or 60 hours a week and were behind on bills, and I am working less than half as much and have never had to worry about a bill in my life.
Money gives you a lot more choices, I have the ability to do pretty much whatever I want, whenever I want. Most people don't have that. Fortunately I am not very materialistic so I'm able to live a mostly simple life and donate a good chunk of my money and still be secure.
#3

At private school our "cafeteria" just had catered meals from various restaurants in town. I remember sitting in the cafeteria of my new public school and just being horrified but what they were serving for lunch. I didn't understand that for some people that was going to be the only steady source of food while growing up. I had a luxury of choice, did I want dominos for lunch? What about Moe's? Oh how about baked ziti from the Italian restaurant? While other people had to make do with tater tot casserole that was made from the leftovers of yesterday's breakfast. I had the luxury to refuse if I didn't want something, for many people they did not.
There were of course other things. Going to a friend's house and being confused by how "small" it was. (It wasn't small, it was a normal sized house. I was the outlier by having a house four times as big.) And how could people not have at least one vacation home? I had the totally acceptable and standard four vacation homes.
I never had to work to "earn" something like a toy. Just say I want something and the next day I would have it. Video games, toys, laptop, clothes, whatever. I remember thinking that the idea of an allowance was a lot of fun, and I would scrub floors in my house pretending to be a single mom needing to make ends meet for her kids. The floors did not need to be scrubbed because we had a maid who did all of our cleaning and laundry. The novelty of cleaning was fun to me, I had so many toys that I wasn't entertained by them anymore. But cleaning? The bees knees.
As I grew up and became more aware of it I don't have as many "revelations" as I did when I was a kid. There are still definitely indications though, like the brand new car my parents bought me when I was 14 and proceeded to not drive until I got my license at 21. The fact I will be debt free once I graduate from college as my parents are of the means to pay all of my four year out of state tuition. Having been able to visit eight foreign countries before I turned 18. Or the time my friend and I looked at Seeking Arrangement and many sugar daddies made less and had a lower net worth than myself.
Despite all of this, my childhood wasn't happy and I have nothing remotely close to a loving relationship with my family. I have depression and anxiety which started to manifest itself when I was 8. Most people probably don't think of it as a large sacrifice, I can afford therapy and d***s so what does it matter. But at the end of the day I would get rid of it all if it meant I could hug my mom and dad, knowing they loved me as unconditionally as my friends' parents do.
According to ‘Entrepreneur’ magazine, before you aim to get rich, you should work on polishing up your personality. One of the core things you should focus on is being humble and managing your ego.
“You have to learn the lesson of humility. It is challenging because it means overcoming an urge for external validation. Doing so prior to becoming wealthy, though, will pay large dividends. Otherwise, you will likely have a desire to flaunt your wealth. This showing off often comes across negatively to others, plus, it will lead to you spending money on things you do not truly care about.”
What’s more, one of your goals should also be to treat other people well. When you’re wealthy, you’re often in the spotlight. And if you treat other people poorly, this will damage your reputation. You also have to realize that wealth brings not just financial power, but also social influence. You have to try to be responsible with so much clout and change the world for the better, instead of making things worse.
#4
We chitchatted and i told him « it’s brave of you to work during Summer before starting university »
He answered baffled that he was not working for summer but actually working there long term. The naïve me was like « why don’t you go to university it’s better for you » … « because I have no money for that »
I will always remember that moment with a bit of shame but also the moment where I truly started to grow and be concious of other people lives and difficulties.
#5

#6

My privilege didn't fully hit me until college, where my roommate told me she had never been on a plane before coming to college nor ever been out of the country because her family couldn't afford it. Meanwhile, my family usually traveled twice a year, and our idea of being budget-conscious was staying at a four-star hotel instead of a five-star one. She worked 20 hours/week to save money to buy the cheapest textbooks she could find while my parents gave me $500 at the start of the semester to buy books.
My parents still insist that we're middle class, but I've realized how lucky I really am.
The reality is that no matter how rich you and your family might be, if you don’t manage your treasure trove wisely, eventually, you’ll end up squandering all of that generational wealth. Broadly speaking, if you’re spending more than you’re bringing in, your alarm bells should be ringing. Now, you have two main ways to tackle this issue. First, you can cut back your spending and purge your splurging and non-essential expenses. Second, earn more to replenish the family coffers.
Being frugal (but not cheap) pays off. Focus on the most meaningful things you can purchase, like quality education for your kids, nutritious food for your family, access to good healthcare and sports, experiences, travel, etc. Your wealth is best spent on giving you time and space to focus on your loved ones and making the world a better place, not showing off your new phone, bag, or car.
Or, as ‘Entrepreneur’ puts it, “ You should be very deliberate about how you spend your money. The people who have achieved sustained wealth do this very well. They do not buy things that they do not need. That money could be put to much better use in bank accounts or charity.”
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#9

Meanwhile, ‘Forbes’ notes a few main things that truly humble people do include:
- Situational awareness
- Prioritizing relationships
- Knowing one’s self-worth and putting others first
- Actively listening to others
- Being curious, open-minded, and having a desire to learn new things
- Gratitude
- Cultivating an abundance mentality that centers on cooperation, not competition
- Embracing feedback and taking responsibility for their actions
- Not being afraid to ask for help
#10
Also when a Native American girl at my elementary school had a cell phone and when I asked her why she said "the government gives my foster mom money so she'll look after me." Made me realize how different some people's lives are.
#11

My dad did make it his mission in life to make sure his kids understand that so many people struggle, we all volunteered with charities. But the thing with those extremes is that you are still clueless about the middle part.
#12

Moved into a condo with my mom when I was 10. Had never in my life seen a can opener or ice tray since we had automatic ones for that.
My mom said that was when she realized how privileged, but sheltered we had been.
Did you grow up in some kind of bubble, Pandas? If so, when did you start realizing that what was normal for you was far from the norm for most other people?
If you grew up wealthy, how did you manage to stay grounded and humble?
We’d love to hear your thoughts! If you feel like sharing your opinions and life experiences, feel free to do so in the comments at the bottom of this post.
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#16
One summer my father had a business trip to Hong Kong and took me along for a change of pace. During the trip he took me down to the poverty-stricken slums through a local contact. I still remember this more than 30 years later and taught me to take things for granted.
#17
As a child I never really questioned it, my parents didn't really spoil me, I thought it was the norm, until I started going to school.
I had a friend that would often come to my house after school but one day we went to her 1 bedroom apartment that she lived in with her parents. (She was by no means poor, it was just the norm) After that we stopped coming to my house as it made me a bit uncomfortable.
I knew that my family wasn't poor, but also knew that we weren't the richest. I never bragged about my family's wealth, if anything I was always jealous of how close my friends were with their parents since I've barely seen mine.
I for some reason took upon myself an idea that my parents' wealth was not mine. To this day, I don't ask my parents for anything, as I don't want them to feel like I'm only speaking to them because I want money.
TLDR: When I first went to my school friend's house, but eventually always had a gist of it.
#18
I eventually won a scholarship to a Private University and met truly rich people. I was a lot happier in this environment bc it was safer and people were a lot nicer but sometimes originally envied the people that had such a truly easy life. I eventually came to recognize money is really relative, and I was rich compared to most of the world and really came to appreciate things when I thought about how screwed up and unfair life could be and decided to get involved in community service work and even spent nights staying at shelters, breaking bread, living, and befriended many of the poor.
Many of the people around me, though poor, were incredibly nice, and when I speak with them and they tell me stories of having to not even be able to afford leaving their state, not being able to even go to college bc of finances, being still stuck working min wage jobs, or even worse, no job, I came to realize and really appreciate I was really blessed in many ways and today I just graduated college not too long ago actually lol and truth be told, and while still lost what I want to do career wise, know it's a life long passion to do something I can give back to society.
#19
It was a situation where my parents were rich but my siblings and I were dirt poor.
I was planned but my parents resent spending a penny on me and never let me forget it.
They were always pointing out people with less money, so there was never a moment when I didn’t know that other people weren’t as rich as my parents.
They are the definition of being “so broke that all they got was money”.
#20

And I now live in Orlando and go to theme parks all the time…
On the bright side, I do appreciate how my parents were extremely into making sure that we knew that rest is essential and that it’s good to take breaks from work and school. I now go on about 1 vacation every 3 months (thank you, unlimited PTO!) and my wife and I do a weekend trip every month.


