“Anyone who had/has rich parents”.
Worked my ass off moving up through food industry - from retail to operations manager of a manufacturing plant.
Didn’t get rich until my folks gave me a 6-figure loan to start my own business, with an interest rate so low+generous it was basically free money. That enabled us to take risks in the first 2 years that we never would have attempted otherwise. Some of those paid off.
Hell I wouldn’t have been able to grind out 65+hr weeks in my mid-twenties getting experience if I didn’t have such a great support system, largely enabled due to not having to truly worry about bills or food until I “got on my own feet”.
Yeah, I put work in. But I could’ve done the exact same amount of effort and made many times less money, essentially guaranteed if not for randomly being born to the right situation.
Behind every early retired person is someone who gave them some kind of resource most others likely will never have access to.
6 figure salary and still on Lemmy 😂
Is Lemmy just for poor people?
Lemmy’s primary demographic is like, developers/engineers who get paid enough to spend most of the day doing shit other than work and still live comfortably. (And Redditors that decided they were too cool for closed-source corporate malware.)
I’m smart and had middle class parents and went into the family profession. I have a friend who’s smart as hell, but had unsupportive and poor parents, she’s just learned she’s a perfect match for a variety of office work, as well as learning that given her talents and what she likes there’s a well paid and respected profession that she could do well in. When I was her age I had my degree and was working in my field for middle class pay.
I’ve been coming to harsh understanding of how deep inter generational wealth and class goes through knowing her
To be fair, this is not correct, instead the last one should read “any kid who had rich parents”
Can confirm. Am pretty smart, have wealthy parents, slept walked into well paying job after years of depression/inactivity because I had a safety net that meant I didn’t need to slave away at a minimum wage job to avoid destitution.
Grew up poor eating salted cabbage for lunch. Not that smart but not dumb. Making $80k a year doing IT. this image is fucking stupid.
I grew up poor enough to receive school lunches. Got straight A’s all through school, yet as an adult I’m plagued with mental illness that I have neither the money nor support to get through, so I work in retail for $26k/yr.
I make 80k and I’m nowhere near rich.
Not according to statistics.
The smartest kid in school is much more likely to have a good job
Unless the smartest kid in school also has untreated mental health problems. Like, you know, a lot of people on the Internet.
I said more likely, not guaranteed. His chance of having an untreated mental health problem is around the same as anyone else, around 25%, roughly
Why do you think that is true when it is so obviously not?
Copium
Intergenerational wealth is a major determinant for an individual’s wealth.
Do you want to know more?
https://scholar.harvard.edu/files/akillewald/files/generations_of_advantage.pdf
Page 23 is the conclusion, start there.
psst. you’re the one coping.
No a reality . I have a very conformable situation due to my family and I can confirm I will never make more money in my life that whaty heritage will. That s fucking sad