Background: We've come into some money, we're in the 1% now. We did not grow up rich at all and had a HS experience and college admissions experience like the ones described in the article and the comments here (cutthroat). We have kids. We're still new to having 'escaped capitalism'.
Question: Um, how do I raise rich kids?
Like, do we even bother with the crazy college admissions process?
As long as we don't really touch the principle much, this thing will likely grow faster than my family. My kids aren't going to want for anything real, nor will any of my descendants, if they're not really stupid. Which is a pretty low bar to pass.
I don't want my kids languishing away like some of the rich kids that I have known. That usually leads to ennui and, honestly, a lot of drugs a booze. Knowing my SO and I, they are going to need 'meaning' in their lives. But who knows.
So, if anyone has any tips or tricks here, I would love to know.
Sorry for derailing the conversation here, if I have.