Did you have wealthy parents growing up?

Question

My parents were wealthy. My mom made around 180- 200k a year. My dad also made a fortune for them in investing. I’ll be inheriting a lot of money one day

WhiteSteve · Accepted Answer

We did ok. Definitely not wealthy at the time. We lived in the trenches for a good deal of it. My dad was dead broke around my age when he married my mom. He’s in finance and I guess there was some big banking crisis that happened and people were left assed out.

But he’s also in finance, so he was able to invest with insider knowledge (not insider trading or anything, but knowing the guys whose jobs it was to go around and meet with businesses and assess their viability), and he hit the Reagan Era just right, as we sold our long term economic health for short term prosperity…. but he was there to cash in, and wasn’t stupid enough to lose it when the styrofoam facade came crashing down and we realized this was detrimental to everyday American’s economic health. Well, many still haven’t realized it, but that’s another topic for another time.

Point is, my dad was right there for the good times, and he was in the business, so he was able to predict oncoming bad times with greater accuracy. He also got promoted to an executive position in the 90s, and he remained in that role for like 15-20 years, so at that point he was maybe starting to make big money. Plus his company had a very healthy 401K matching program, so he just invested like crazy and got a lot of basically free stock.

But he throws around nickels like manhole covers, so I was still living a little grimy, lmao. The big come-up was that I was able to go to a private high school with a better football program. But even then, mid-90s, it was like $5K a year, and I had to be on work-study, and had to sling Chipwiches and Slush Puppies for part of my lunch period, haha, which identified you as a “poor” to the suburbanite kids.

I definitely didn’t grow up “rich”, but we also always had what we needed. I’d have friends who wouldn’t know where their next meal was coming from (often from my family, haha), so I knew I had it better than my neighbors. I got all the street cred and none of the hardship🤣

Things are good now though. I’m sitting here looking at a beautiful ocean view. The pots are pissed in, haha. I’m not swimming in a Scrooge McDuck safe or anything, but between what I’ve managed to earn and invest myself, and what’s coming to me in inheritance, I got 99 problems, but money ain’t one of them. But due to some tough life circumstances adjacent to me, I can attest that money cannot, in fact, buy happiness

Shiprex · Accepted Answer

Both worked as did all of our neighbours and peers families so the myth that mothers were tied to sinks is alien to me. A working class upbringing and plenty of wider family engagement was how I grew up but not because of financial benefits, it was the social and family benefits that made it good.

dustybiker2 · Accepted Answer

We should have. He was an engineer and had a number of half completed items around the home. I recently threw away his copy storage of patents. His problem was follow through and manipulation. Would rather sit back and watch my mother work her ass off. Then he retired... My mother was talented and creative. We did alright solely due to her after that point. This still surprises me that I like men more than woman.

XXblack88 · Accepted Answer

My parents were too rich for welfare but too poor to buy a brand new car etc my parents were also too prideful to accept hand out from the gov even if they did qualify. I thought we had enough even if we didn't get everything we wanted

MemeSupreme · Answer

no, we were pretty much dirt poor for most of my childhood besides for like very short periods. immense financial anxiety isn't cool as a kid especially bc you'll keep it forever lol

it wasn't until i had moved in with my mom that i lived somewhere financially stable. i still tried to help out my dad with bills and money until i was like 16? highly don't recommend doing that

Apple1996 · Answer

Nope I grew up broke but can't complain much at least I had a roof over my head, food in my belly and running water/electricity. The town i grew up in it was common af that my friends parents couldn't afford their bills or food

Gabriel-Chicanito · Answer

My Parents were. But, They still did not bless me.

My Mother, even oppressed Me...

When, I discovered that the governmental assistance was nothin' but "help". I told'er 'M getting my last name "changed". Later, later, I told'er, too, You're NOT having no grand children, from Me..

PeachyPie93 · Answer

We were middle class but my mother was horrible with money and spent my dads cash like we were rich..

Anonymous · Answer

I grew up dirt broke and that is why young adulthood has been so much harder for me compared to my richer peers.  when you raise your kids without adequate resources, your kids will SUFFER

anon1903 · Answer

We are so broke I have existential crises every single day 🤓

exitseven · Answer

We got by and my brother and me had everything we needed. but there was not much left over.

AviatorTom · Answer

No, my mother held the pocketbook, which was never that full, and she managed it beautifully. We got by, as a lower middle class family.

zagor · Answer

Pretty much middle class. We all managed to get college degrees even though neither of our parents had gone to college.

WonderingManII · Answer

We had enough to get by, but we certainly weren’t wealthy.

jamesgoldman · Answer

Dirt broke so I started my first economic venture when I was 8

LiamJHayden · Answer

I didn't think of it that way, but was left with quite a bit.

Phoenix98 · Answer

Lol nope not at all lived most of my life in the trenches so to speak still there currently.

Account · Answer

Nope and I do not wish to be.

7Phoenix7 · Answer

Yes, I grew up with wealthy parents.

Screenwriter · Answer

Very middle class.

Demi89 · Answer

Not wealthy but comfortably.

Did you have wealthy parents growing up?

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