Originally Posted by NORE
There's nothing like being able to teach your kids in lieu of just giving them what you never had. I personally think going thru "the struggle" is something that makes strong individuals and wouldn't give that up for anything. I ride easy now but I can adapt quickly if necessary. More money, more problems. If your kids know the value of a dollar they will be more apt to make better choices than the ones who are "privileged" and put in private schools because "I wanted to give you what I never had" and they largely end up despising you for it or turning to drugs/porn/prostitution/become runaways.
I don't fundamentally disagree with this. The difference though, is that I have the option
. FWIW, this isn't a "give my kids what I never had", because I'll never be able to give my kids what my parents gave to me (and it seemed to work out all right for me). If private school is the right thing for my kids, I'm glad to have that option.
You seem to think that having more money means that you won't be a very good parent. I tend to think that good parenting and financial wherewithal are generally independent of each other. I can still teach my kids good values, any if my little girl wants a pony, dammit, I can buy her a pony (j/k).
I agree that continuing to work 100 hours a week and trying to raise a family is probably not going to produce successful outcomes a lot of the time. But that's not the scenario we're in - I continue to reap a lot of the rewards of those 100 hour weeks, but work a lot less.