4 ms·

Like I’d hope that my daughters have enough that they don’t have to feel like they have to get married, or if they do that they could feel they have the option

Like I’d hope that my daughters have enough that they don’t have to feel like they have to get married, or if they do that they could feel they have the option to stay home and take care of their children without having to work to make ends meet. I’d hope my grandchildren are so well off that they can go get a higher education and get a liberal arts degree for the love of learning. Study history, philosophy, sociology, these are all great fields of study, they just don’t pay well. That they could just be intellectuals and not laborers would be great. After a few generations of just being intellectuals or less if they live lavishly, they will have to return to labor, and that ok. There is nothing wrong with folks like me getting an engineering degree because they want to work and make money, but it doesn’t seem like a bad desire to hope that your children will not have to labor because you did.

fredophile 5y ago
I really like this quote from Warren Buffet “Leave your children enough money so they can do anything, but not enough that they don’t have to do anything.” I want my children to be able to do what they want. However, I want to raise productive, functioning adults.
- mostertoaster 5y ago
  I don’t think raising productive functioning adults is mutually exclusive from leaving them an inheritance enabling them not to work to live. There is too much ideas that unless you get paid to do something it isn’t worthwhile. I wish people could study the liberal arts or sciences freely to expand knowledge, not for the sake of money. This is a privilege only provided to those whose parents leave them a large inheritance.
  - wpietri 5y ago
    You're conflating some things. The reason that people have the idea that "unless you get paid to do something it isn’t worthwhile" is because getting paid for something is reasonable evidence that you're creating value for others. That's important to do if you will be consuming the value created by others. Children raised without that feedback loop can easily be not so functional, in that will focus on serving themselves, not others. If you have enough money to fund things like socially beneficial research, then you should just fund that. The MacArthur Genius Grants are a good example of that. There's no particular reason to think that your particular children are the best ones to be doing that, especially if they've been raised in an environment where their wealth has let them avoid serving others.

fredophile 5y ago

I really like this quote from Warren Buffet “Leave your children enough money so they can do anything, but not enough that they don’t have to do anything.” I want my children to be able to do what they want. However, I want to raise productive, functioning adults.

mostertoaster 5y ago
I don’t think raising productive functioning adults is mutually exclusive from leaving them an inheritance enabling them not to work to live. There is too much ideas that unless you get paid to do something it isn’t worthwhile. I wish people could study the liberal arts or sciences freely to expand knowledge, not for the sake of money. This is a privilege only provided to those whose parents leave them a large inheritance.
- wpietri 5y ago
  You're conflating some things. The reason that people have the idea that "unless you get paid to do something it isn’t worthwhile" is because getting paid for something is reasonable evidence that you're creating value for others. That's important to do if you will be consuming the value created by others. Children raised without that feedback loop can easily be not so functional, in that will focus on serving themselves, not others. If you have enough money to fund things like socially beneficial research, then you should just fund that. The MacArthur Genius Grants are a good example of that. There's no particular reason to think that your particular children are the best ones to be doing that, especially if they've been raised in an environment where their wealth has let them avoid serving others.