Sorry but that's just such a small part. I have spoken to a friend who has rich parents, and the psychological effect is that they always know if something goe

Sorry but that's just such a small part. I have spoken to a friend who has rich parents, and the psychological effect is that they always know if something goes wrong they can just be supported by their rich parents when they get back on their feet. Furthermore they know they can bum around until their parents die and get their retirement money in the form of inheritance. You might be surprised how ever-present that thought is to people like that. But for people without that option, because their parents can't, they make the right decision and don't take a risk because there is nothing to fall back on.