
Originally Posted by
jut703
Thinking about how fortunate kids are when they're born to well-off parents. Back in college you'd think you're all on equal footing, and doing good in school will give you the headstart you need.
But really, these lucky kids have some (if not all) of the financial milestones in their 20s ticked off their list already:
- Most get a car as early as college
- Parents will usually pay for their wedding
- Some parents give condos or lots or even houses as gifts
- Many entrepreneurial parents give their kids capital to run their own businesses.
All these things take years of toiling and millions worth of savings for the ordinary Juan to achieve. It's like getting a decade worth of time because you can enjoy life's pleasures (i.e traveling the world, buying fancy toys, etc) at an earlier age since you have the basics covered already.
Even for those who aren't given any of the aforementioned gifts explicitly, the fact that you have a safety net in the form of parents who will definitely bail you out if you hit rock bottom really helps in boosting your confidence to take risks such as entrepreneurship, or allows you to coast through your career for a while without fearing that your bills will pile up and you'll go hungry, or in letting you pursue a passion even if it doesn't pay well.
#blessed indeed, these people are.
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