Why are wealthy kids broke?
- Thread starter BornStar
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It’s hard to earn money but it’s even harder to learn how to earn money consistently.
get these nets
Veteran
The thing about wealthy Black people in this country is that they've earned their position and resources. They (mostly) aren't trust fund kids or heirs to million dollar fortunes.
For the old money, they had an ancestor who was able to break through all types of legal and social barriers, take advantage or/or create opportunities, and build resources. Again, because they earned it, they've instilled the value of formal education, credentials, and ownership through their lineage as much as they could. Put their children in positions to excel and have high standards and expectations for them.
From my personal observation, many new money folks, those who recently made that career/education/financial breakthrough ...emulate the outward accoutrements of the old money Blacks, but not the strong emphasis on education to their children. Having money is a new thing to them, so the kids are pampered and spoiled. They don't develop that hunger and drive that propelled their parents to where they reached.
For the old money, they had an ancestor who was able to break through all types of legal and social barriers, take advantage or/or create opportunities, and build resources. Again, because they earned it, they've instilled the value of formal education, credentials, and ownership through their lineage as much as they could. Put their children in positions to excel and have high standards and expectations for them.
From my personal observation, many new money folks, those who recently made that career/education/financial breakthrough ...emulate the outward accoutrements of the old money Blacks, but not the strong emphasis on education to their children. Having money is a new thing to them, so the kids are pampered and spoiled. They don't develop that hunger and drive that propelled their parents to where they reached.
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Charlie Sollers
All Star
Wealth is lost in 3 generations. One builds it, the next maintains it and the 3rd loses it.
IVS
Superstar
You have to practice Eugenics to keep your wealth thru generations.
Thurgood Thurston III
#LLNB #LLLB #E4R | woooK nypdK
Heafcliffe
Hope there's puddin' in the clink...
Cuz they ain't earn it and, therefore, have no understanding of what it took to become wealthy.
This generation hates the 1% with a passion..
But they're big time consumers.. How can you enrich the people you despise? How do you hate the 1%, yet keep getting the latest this and that?
And they find a excuse to justify this way of thinking. How do "brehs" make 30 page threads about the "poisonous capitalist system", yet poke fun at the next person because he doesn't have the money to help you make the 1% more richer?
Shyts crazy to me and needs to just stfu..
But they're big time consumers.. How can you enrich the people you despise? How do you hate the 1%, yet keep getting the latest this and that?
And they find a excuse to justify this way of thinking. How do "brehs" make 30 page threads about the "poisonous capitalist system", yet poke fun at the next person because he doesn't have the money to help you make the 1% more richer?
Shyts crazy to me and needs to just stfu..
Pure Water
Superstar
Easy. People are human.
As far as your first point about hating the 1%, well duh. It's common sense, and with social media and more access to these people seeing them just blow money hand over fist it's very easy to hate the people.
For a capitalist society to work you have to have winners and losers. The commodities that you speak of are a good way to keep people distracted.
SlimeyLilDude
Richest shooter
It's crazy seeing so many poor homeless white people all around the country begging for change at every store you go to. Alot of white kids was passed down money and blew every penny of it. Drugs plays a big factor too especially meth and crack opiods. They're failures. Born losers.
Alot of white people are cursed because for 400 years/4 generations they were passed down stolen wealth that belonged to black people from the free labor of slavery. That was really black people's wealth that black people supposed to be passing down to their kids, grandkids, great grandkids, and great great grandkids. Instead our wealth wrongfully went to white people for 4 generations.
That's why black people are owed 20+ trillion dollars in cash payments right now and we should be paid those reparations next week via direct deposit. They scared to pay black people because they know how great black people is and they know we will run laps around every group of people in the world. They fear black wealth and black generational wealth
Alot of white people are cursed because for 400 years/4 generations they were passed down stolen wealth that belonged to black people from the free labor of slavery. That was really black people's wealth that black people supposed to be passing down to their kids, grandkids, great grandkids, and great great grandkids. Instead our wealth wrongfully went to white people for 4 generations.
That's why black people are owed 20+ trillion dollars in cash payments right now and we should be paid those reparations next week via direct deposit. They scared to pay black people because they know how great black people is and they know we will run laps around every group of people in the world. They fear black wealth and black generational wealth
get these nets
Veteran
There's an entire thread on this forum about powerful Black families. 3,4,5 generations of wealth and multiple examples.
I came in this thread thinking it was a reference to this: Wow, AI Has Become Extremely Advanced...Coli Locker Room Thread Title Generator
IVS
Superstar
You have to selective marry into other families, and maintain exclusivity or dominate related to knowledge of certain crafts/professions and trade networks.
You may also have to become ruthless azzholes tho
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Cuz many people dont care about being rich 
Oh they'll tell you they do. They'll tell you their all about making money but look at their actions
See the financial purchases they make
See the men/women they marry
See the advice they refuse to take
See what they major in in college
If the children of wealthy people actually cared about being rich as much as they say, they wouls be alot more rich. They have so many means to do so
Oh they'll tell you they do. They'll tell you their all about making money but look at their actions
See the financial purchases they make
See the men/women they marry
See the advice they refuse to take
See what they major in in college
If the children of wealthy people actually cared about being rich as much as they say, they wouls be alot more rich. They have so many means to do so
MajesticLion
Superstar
1st generation peasant strikes it rich, hoards every penny, buys land, invests for the future
2nd generation spoiled, spends money like water, mortgages land to maintain social status
3rd generation dissolute, sells land for pennies on the dollar, chases the high of the family name, bankrupt
4th generation peasant
2nd generation spoiled, spends money like water, mortgages land to maintain social status
3rd generation dissolute, sells land for pennies on the dollar, chases the high of the family name, bankrupt
4th generation peasant