I agree with you about the hyperbole, but generational wealth is wealth passed down from generation to another, it doesn't specify the amount. The authors poin

I agree with you about the hyperbole, but generational wealth is wealth passed down from generation to another, it doesn't specify the amount. The authors point is that many people are better off if they don't live hand to mouth, and that is likely people who have had financial help from their ancestors. She does couch it in emotional terms and talk about elite schools and billionaires, so she definitely muddies the waters there. On the other hand I know a person who hasn't worked full time for a while, who still depends on family for handouts because they don't have the financial discipline to have any savings whatsoever. Some of the financial stress people have is self-inflicted. Allocating a percentage of income to an emergency spending account until it reaches $200 initially and then $2000 over a longer term would help reduce stress of accidentally overdrawing the checking account or having a small (by US standards) medical bill.