[beardyw]

> The third generation never realizes the struggles and sacrifices the previous generations endured. The only thing they know if a life of plenty and have a real lack of understanding of what is needed to create and maintain the lifestyle they have grown accustom to.

Having made this perfectly valid point, the article seems to ignore it from that point on. Yes,that is the problem but can you fix it?

[dyauspitr]

Yes you can. Apparently there are agencies that carry out intensive lifelong financial education that begins around 10 and carries on from there for very high wealth families. I read an article about it once but can’t find it anymore.