Quote from: erep on Today at 08:37:56 PM

Quote from: pusaka on Today at 07:35:15 AM

They have never experienced what it's like to live in a tight financial situation, so they will act as they please with the money they have. For example, someone who was born into a very rich family (I'm not saying all of them, but some of them are). So they don't feel the difficulties that lead them to bitter experiences, so they can't learn from those experiences.
It's different if someone starts from the bottom and they have to work hard to be in a situation where their finances are very stable. Such people will usually be able to appreciate money more and they can manage their finances very well.
Money is an important factor in living life, so we have to be able to manage it well, or in other words, we have to be smart to appreciate the money we have.

The fact is that many children of rich people have their own income and can manage their finances well because they have wealth from their parents and the support of many facilities that are used for educational purposes up to bachelor's degrees, from an early age they have been facilitated by international standard schools and take private lessons from professional teachers, knowledge they are above the average child, besides that they have access to jobs because their parents have a role in getting their children into government or company jobs. However, some children of rich people like you said above, they don't care about knowledge and they neglect useless activities, after their parents died they couldn't manage their finances wisely, they could only spend their wealth by lavishly buying expensive things and he doesn't think about what his financial condition will be like after he no longer has cash for living needs.

Thats one of the advantage when you do have everything specially when you are just that a student or young on where your parents could really give out all the things that you do need from education and other things on which you would really be able to open up yourself on different level of learnings or key areas on which it would really be something significant or would really be that useful into the things that you might be able to encounter or would really be tending to deal with in the future. Compared into those who are really just that average or lacking up those things then you would really be having that kind of advantage and there's no way that
we could really be having that equal acquiring of knowledge on each individual, this is why if you are someone on the other side which is having that less then it wont really be that bad to look for those information on which it would really be something relevant.

In regarding into the situation then as a young millionaire then you would really be needing up that financial advisor on which could be telling him about on how to handle those inheritances.
I do agree into some points that you shouldnt really be letting any relatives on this space.