[halo37253]

When it comes to your kids, everyone should want to set them up for life.

My goal even from a young age before kids was to build generational wealth.

We live in a world where money makes a big difference in lifestyle.

Living Paycheck to Paycheck is a shitty way to live life. I did plenty of that early in life, and grew up in a house hold that lived paycheck to paycheck. I don't want that for my kids.

[achenatx]

I strongly disagree with this. Setting them up for life is actually setting them up for failure. The great thing is every family gets to make their own choices!

My parents are millionaires and they havent given me anything post undergraduate. There were times I was desperate for money (e.g. to make payroll) and they wouldnt bend. They said you will find a way and be a stronger person for it. They were right.

My whole life I knew that all my parents' money was going to my disabled brother and so I haven't planned for it and am fine.

True happiness comes from within, not from material goods (beyond basic food and shelter).

What my parents did give me were the tools and education to know how to not live paycheck to paycheck. It doesnt matter how much money you make, it matters how much you save. When I was in grad school (90s) I made about 12K/year and saved about 2K/year. I did get myself into credit card trouble early on but dug myself out and then had a surplus.

[bradlys]

> My parents are millionaires and they havent given me anything post undergraduate.

So they gave you everything until you were basically 22? Do you even realize how much of your life they've set up for you?

Generational wealth is mostly irrelevant for most kids anyway. They're not getting the wealth until the parents die (Parents tend to die when kids are in their 50s). The grandchildren will receive it much sooner than the parents will (in terms of relative position to their birth).

[newby]

> When it comes to your kids, everyone should want to set them up for life.

Sure, but there are things that kids need a lot more than money. Like a parent who is present and enjoys life, not always working and always exhausted. Also, kids are profoundly affected by the level of warmth or intimacy between their parents. If you feel too tired to enjoy sex with your wife, it is probably leaking into other areas as well.

[rglullis]

Way to miss the point.

You could be the King of England for all I care, if your relationship with your wife depends on how much you make compared to her, you have a lot (a lot!) of soul searching to do.

[PaulHoule]

It's also "if your wife's relationship with you depends on how much she makes compared with you she has a lot of soul searching to do."

Historically women have married up in status. They still have that preference but that preference is not realistic now that more women are rising up higher in the workforce.

[halo37253]

Actually me and my wife are both 6 figure earners. I used a common example for young couples where the wife normally earns half if not less than their partner. And while there was a time in my life this was the case, my wife makes close to what I make. And we love each other. But with kids and day to day activities, there isn't enough time in the day. You'd be surprised how much you don't even feel the need for sex when you have so much other enjoyment in life.

Between us working hard so we can retire early in life, we could stop working at the age of 45 if we wanted and our investments would still grow while living off them, I have plenty of enjoyment at home after work. I love cooking, I love engineering and wooding in my shop, I love playing video games, I love programming small little gadgets, I love to learn. Hell I even love to catch up on a TV show with the Wife, or play some Mario Party as a family.

We're in bed by 10 most nights, and I'm up before 6. Me and the Wife don't need to have sex every night. Sure that was a thing years ago, but 15 years in once a week makes up happy.

I get more enjoyment teaching my daughter how to design and build something from start to finish, or playing some Minecraft with my Boys. Making Something for dinner we've never had, etc. My priorates are in the correct space.