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RE: Is Tough Love Or Parental Investment The Best Route?
I just realize that money is stored energy and time and these "Rich Kids of Instagram" have inherited the stored time and energy of family members who came before them.
I think the parents these days that cater to every wish of their children are foolish. It's not sustainable and there is very little chance that those children will invest wisely.
Bill Gates is not leaving his estate to his children. I think people should learn that hard work is important. Those with silver spoons have not accomplished as much as those who have worked their way from the bottom.
I feel sorry for the rich kids of instagram, because they will not learn real world lessons and never understand the fortune that they have.
It is a tough situation. I don't necessarily feel sorry for the rich kids of instagram and I'm not jealous. I would like to be balling out of control like them but it isn't going to be given to me for I was born with a plastic spoon in my mouth. I'm sure some of them will be able to leverage their incredible opportunity to generate even more wealth but it will probably be a low percentage.
I know everyone has individual goals and desires, but for me that couldn't be further from my mind. I personally feel far too much money is wasted on things that aren't necessary. In no way am I trying to claim that people should have no discretionary money and should give all to the poor, but when you see a Floyd Mayweather throwing his money at essentially meaningless things, when the true value that is other people are dying each day, for me I can't justify the excessive spending.
I love going to sporting events, I know for some they love cars or watches etc. Nothing wrong with that, but I'd like to see more people with incredible amounts of wealth not just use it on themselves. People are far more valuable to me than vip bottle service and the newest rolex.
That's part of my upbringing and values I have been taught, but I most certainly understand the appeal.
I guess it depends more on how people treat money (if it is a God to people they will be corrupted) and less about what they do with it. I'm sure Bill Gates lives in a pretty nice house with some nice things, but also I contrast him to Floyd, who I believe when he dies will be remembered for being a boxer who cared a lot about himself. Maybe he has a charity, but to me that's PR BS so that he can say he cares about anyone besides himself.
I think we both value hard work and what that teaches us about life @brianphobos