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by seoaeu 1855 days ago
That's empirically not true. There's tons of people who make all those sacrifices and still don't end up rich.
1 comments

"Getting rich" shouldn't be our metric, as it's arguably an unreachable goal. Rather, we should aim for something definitely possible: Make our successive generation better off than what we had (in the context of each family unit). If that means giving them a better education (or giving them an education at all), or passing down some wealth in the form of inheritance or wisdom, or making sure they have stable upbringing that you didn't have then so be it. That is good enough in the grand scheme of things, and I would argue is the most moral view we can take on this game if we take a multi-generational approach to it.
Exactly - the goal literally cannot be “make everyone rich” especially if you define rich as “top X% income/wealth”. The benchmark has to be elsewhere.

And quick fixes often are counterproductive.