Does coming from a rich family guarantee success in life?

Bookwormlux

Valued Contributor
There are a lot of rich people who do not allow their children to hustle and make their own money, they believe that they have all it takes to take care of this children. However, after the Demise of their parents, these children usually find it difficult to cope in the society because they were brought up by their parents to be dependent individuals, so without their parents they find it hard to cope.

A major cause of a situation like this is mismanagement, their parents did not teach them financial education and so they were not able to utilize the abundant resources at their disposal to make ends meet.
As such, we see some people who come from a wealthy family ending up wretched later on in life due to poor management.

What do you think?
Does coming from a rich family guarantee success in life?
 

Maks25

Active member
If a person comes from a family where the inheritance is given to the person at a certain age, say 25, then by all means such a person shud hinge their future around it. However if a person comes from a family where somebody has to die for them to get inheritance, pls go out and get a life of your own before the devil makes you start plotting peoples death just to get inheritance. So if your parents and rich but you are lazy.

You will end up poor
 

Sammyesx

Active member
Coming from a rich family does not exactly guarantee success, success is a function of hard work and dedication but being successful does not come cheap so coming from a rich family makes it a little bit easier. people that came from a very poor family background will have to work harder, strive harder in order to acquire the things needed for Success. if you take a look at a country like Nigeria most of the wealthy people have a Trace of wealth from their family background so it was much more easier for them to be successful.
 

Dekadet

Member
No way, coming from a rich family without financial discipline or financial education is like handing a gun to a mad man. Everyone needs to be coached on how money is made and how to manage it.

Personally even if I am as rich as bill gates or Donald trump, my kids would still work, especially at very young stage so the art of money management might imbibe in them.

What some rich folks fail to understand is that it is good to teach your kids that life is not just all about video games, fast cars or designer wears but on how to make money keep flowing for you.

This is the reason why you see so called celebrities go broke after a while of making big because they lack financial management.
 

Thosynho

Member
There are a lot of rich people who do not allow their children to hustle and make their own money, they believe that they have all it takes to take care of this children. However, after the Demise of their parents, these children usually find it difficult to cope in the society because they were brought up by their parents to be dependent individuals, so without their parents they find it hard to cope.

A major cause of a situation like this is mismanagement, their parents did not teach them financial education and so they were not able to utilize the abundant resources at their disposal to make ends meet.
As such, we see some people who come from a wealthy family ending up wretched later on in life due to poor management.

What do you think?
Does coming from a rich family guarantee success in life?
Coming from a rich family can only serves as a benchmark or be a platform for becoming successful in life. Like you could gain access to your family connections which could make you successful in life as well.

However, coming from a rich or wealthy family does not guarantee you will be successful or rich too. I have seen some people who actually came out from a wealthy family but today, they are poor. I really cannot explain the reason to this though.
 

Ralphjoe

Active member
well coming from a rich family does not guarantee success in life in fact there is nothing in this world that guarantees success. What we guarantee success is the mentality of success that someone has and not the wealth status of a person's family. Although the wealth of the family can actually increase ones chance of making it astronomically but it doesn't guarantee success at all. The success that people have in life are a product of the planning, hard-work, dedication and consistency at doing anything they found themselves doing.
 

Joseph555

New member
it is a great privilege to come from a rich family but that does not guarantee being successful in life,
I have seen many rich children you are so useless in life so therefore coming from a family that's not acertain your making it in life.
I believe that even though once you come from a poor family there is no limit to what he or she can achieve in life, the fellow should not be traumatized from where he or she comes from but be ready to make a positive change.
 

IamDozzy

Active member
No it doesn't, if you do not know how to manage resources, no matter how rich your parents were, you would still run down everything. This is due to mismanagement and lack of priority further worsened by the seeming idea that there is always money. Naturally, money you don't work for is easily spent on frivolities compared to money you worked your ass for. If your parents are rich, it is their duty and partially yours to teach you the act of resource management, how to manage people and how to work hard for your own money.
 

Bookwormlux

Valued Contributor
Coming from a rich family can only serves as a benchmark or be a platform for becoming successful in life. Like you could gain access to your family connections which could make you successful in life as well.

However, coming from a rich or wealthy family does not guarantee you will be successful or rich too. I have seen some people who actually came out from a wealthy family but today, they are poor. I really cannot explain the reason to this though.
Yeah, when someone from a wealthy family really mean to make it big in life, he would not find it that difficult since his parents are already well connected to top people and so it would be easy for him to market his skills to them and get enough patronage.
For anyone who thinks well, coming from a rich family is more of an added advantage that would flatten the curve for you. You can then Build on the foundation parents laid for you and then rise to become anybody you intend to be.
 

Alexandoy

VIP Contributor
I don't think being from a rich family has something to do with success. Compared to a son of a poor family with the son of a rich family the latter has some advantages because of the resources of the wealthy family and the connections as well. But success is not measured by that. The rich son can only be successful if he has the drive to learn and to strive. That's the same action needed for the poor son so I think the fight is pretty even.
 

MarieArie

New member
Luckily, there are enough billionaires out there now to let us know that, owing to luck, they didn't get their earnings. There are famous writers who are now wealthy who can't afford food. There are persons that are C.E.O's in some of the world's largest organizations that have been shot. All these individuals began with deficits and concentrated on the one factor that produced. There are persons that have been dismissed who are C.E.O's in some of the biggest corporations in the country. All these people have begun with deficiencies and they focused on one thing, themselves, which generated the biggest change in their lives.
 

Gamboakas

New member
On my own point of view it guarantee you to succeed because nowadays children from wealthy family don't go out to search for job their parents do that for them if you observe within your environmental you can tell children from wealthy family don't care about anything because the money is there for them.
 

Richee84

Active member
Success in life can be define in different ways, being rich does not guarantee once success in life. Success can be link to academic success, career success, business success and so on. When someone come from a rich home, it only give the person a good advantage to be successful in life but that does not guarantee that they will be successful in life. It all still depend on the ability and willingness of the individual to be a successful person in life. There are some people who came from a rich home and are now very successful in life like there parent not because there parent just has money but because they took advantage of what is ground for them, work hard and determine to be what they are now. They use the opportunities they had in the right way and also work hard to sustained what was given to them. There are also those who have the opportunity of coming from a very rich family but fail to develop or work hard to sustain what they were givenand by virtue of that they blow away their opportunity. Coming from rich home can help someone to be successful if the person see the opportunity in it but it doesn't guarantee that all those who are born with silver spoon wish be successful.
 

samual

Active member
A child coming from a rich family has hundred percent guarentee of becoming success in life cause that type of a child as all what he or she needs to go to school, all the school equipment has been provided for. So that child has all it's take's to be successful in life
 

Finger Geek

Verified member
Is there anything like financial education?
No there is nothing like that. If there is really something like financial education. Then why did some poor people that are never educated become rich?

What do happens to the rich children after there parents are dead is because there is no investment for the children. If there are investment for the children. They will continue with the investment and remain rich.

Like a man that has a business and he only manage the business without involving his own family members like wife and children. When he dies, if the business is a small business. The business will die and the children will go bankrupt. But if it is a big company that is operated by many department, tht kind of business can still continue.

The best thing for a man to do for his family when he still has the money is too organise a business to his wife. Because I have seen some cases that the man will have problem with his business and go bankrupt. But because the wife has no business. They later became poor.

And also coming from a rich family guarantee successful for the person. But only for some family that will later become poor or if the child is not serious.
 

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