I agree. I’m from an upper-middle background and my parents always try to downplay it. They’ll say things like ”well, they say we’re rich but you know we don’t

I agree. I’m from an upper-middle background and my parents always try to downplay it. They’ll say things like ”well, they say we’re rich but you know we don’t see how we could afford going abroad this year, you know with the renovations going on” and I’ll respond ”yeah, you do have less money after you spend it on a vacation home, a boat (with a luxurious boat house) and on fixing it up. I think everyone would agree that you can’t indulge yourself in luxuries like travelling abroad before you’ve covered your basics like you’re doing now”. I’m very thankful for the economic position I was born into. I have a lot of personal problems with my parents but as I’ve listened to other people’s upbringing I have realized I owe a substantial part of my success to luck. If my kids ask me about our financial position I’ll tell them the truth and if they feel entitled to being spoiled then that’s a different problem entirely. Telling them that their good home, their schools and their health care are not indicators of wealth will give them the impression everyone has it, or that it comes easy. That is a really bad message.