I was brought up in a middle-class+ family in France. We read what we needed and my parents lived a simple life. I am now much better than them, financially. I

I was brought up in a middle-class+ family in France. We read what we needed and my parents lived a simple life. I am now much better than them, financially. I still live a simple but comfortable life and my children somehow get infused with it (they have everything they need to the point that I never know what to get them for xmas). I was very surprised when the 12 yo one told me one day "rich people are rich because they live a life of less welthy ones, and the less wealthy want to live a life of rich". He was referring to his friend whose parents have a hard time making the month buying him the latest iphone because his friend insisted on having the latrst one (while my son has a mid level phone he is genuinly happy with)