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Originally Posted by CliffFletcher
Wealth itself doesn’t create generational class differences. The extent to which a child’s economic status in adulthood corresponds to their parents’ does.
The argument boils down to parental money doesn’t have much of an influence on generational wealth, but it’s absolutely vital I’m able to provide it anyway. And that doesn’t make any sense.
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Relevant article recently on this, statistically showing that having wealthy parents is a greater indicator of future success than having a good first job, or having good grades.
https://ofdollarsanddata.com/the-bes...ntage-in-life/
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Study... "suggests that you will probably do better economically if you are dumb and from a rich family than if you are smart and from a poor family
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