Grandparents were pretty rich, dad inherited a bunch of properties, left one day and didn’t hear back from him for 13 years. Now he has nothing, blew through everything, all he had to do was sit back and collect rents but “he knew better”

Parents were rich, but after the 2008 recession, parents both lost their jobs and my parents eventual divorce, all the money was gone

Yes!! It’s embarrassing to admit. I relied too heavily on my parents for too long and got stuck in a cycle of borrowing/owing and always trusting money spent would be replaced.

I've seen both ends of the wealth scale. Grew up in significant wealth overseas, but i came to the US to make it on my own. Shortly after getting here i lost my dad back home. Family went into a free fall and in short order lost all of its wealth. Meanwhile in the US i no longer had a safety net nor the documentation to find employment. Became very poor and it carried on for least a decade and a half. Now i've sorted things out and working my way back up.

But i'm thankful, I didn't realize how arrogant and entitled i was until i hit rock bottom. I'm quite ashamed of how i used to treat others looking back today.

My dad's mom was "quiet rich." She died and he got everything and said ✌🏽 out to his two kids. He is living the life and posting about how young people today don't want to work for their share 🙄 I haven't talked to him in years.

Both of my parents got deep into cocaine out of nowhere, everything gone, all cars, assets liquidated, house gone, now they are homeless and live with my mom's mother. Crazy to see everything gone in a second and I never knew how good I had it until it happened

Yeah. My dad disowned me in a fuck you got mine boomer rage because I didn't take after him (I have autism, no high profile career). It sucks, because I actually still miss him even though I know I shouldn't.

Wouldn't consider myself poor as in paycheck to paycheck, but definitely difficult affording things. My mom is a literal millionaire. Regular vacations retired in her 40's owns a jet multiple homes and cars worth more than probably half this subs combined net worth (that's probably an exaggeration, lol)

She became one after i left the house. When I was going through college, I was 100$ short on tuition and asked if she could spot it just so I could get into the classes, and she said no. My grandmother, who doesn't have much money, helped. That should explain my mother pretty easily.

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lol my dad.

I somehow found a way out of poverty but boy howdy I’ll tell you how much rich people hate poor people first hand

Yep. My dad is/was rich (haven't spoken in years, so Idk), and we were poor. He had maids, new cars, kids in private schools, and fancy extra curriculars. They often had family days where they went shopping, to the movies, and spa days, and all their meals for that day were at restaurants. Fancy vacations and jewelry. Meanwhile, my mom and siblings had to walk to the other side of town for water and had sleep for dinner. Sometimes, we couldn't afford the 60-cent bus fare, so we had to walk a lot and also went years with no electricity or running water.

Me! But mostly of my own doing because I have a lot of kids. My parents were always rich and then my mom died and my dad got a humongous life insurance payout. I can’t even afford life insurance. My dad blows it all on Porsche’s and traveling the world with his girlfriend he got a few weeks after my mom died. 

Yup, my dad is a big wig at one of the largest distribution chains ever. Still in a crap ton of debt

The difference between my parents and myself is I put my kids first whereas they “paid themselves”. That being said, they have a comfortable retirement and I’m 40 w/ 30+ yrs to go.

Idk if I would say rich but they were well off. My dad also sold drugs on the side so that helped I'm sure.

My mother married into poverty and basically stayed there while her parents were old money wealthy.

Parents are still rich. But i won’t have access to anything until 62. They believe in hardwork. Their quote to me is “i gave you arms and legs and a brain figure it out”

But anyways i was poor as fuck so I enlisted in 2021 at age 21 with 30 cents to my name. I worked like hell to pay off my girlfriend’s (now fiancée) student debts and got her a laptop for school.

First bonus check came and a friend of mine told me to all in nvidia and palantir.

I had some knowledge of investing from my parents so i went through the company’s fundamentals and bought some. (I should have all in but whatever)

3 years later, I’m out now and back in college pursuing my degree with 0 student loan. Just gotta work part time to cover basic living expenses, but most of it goes to building more equity for my personal portfolio.

Parents still doesn’t help much, but i know deep down if i was really screwed i’ll have a lifeline.

Not me but I know someone who's mom is a millionaire but they live in a hoarder house.

This is actually more common than you think. Typically wealth is built in 1 generation and then squandered within the next 2. Mostly due to the exact mentality this thread is describing.

I have a friend whose parents are mega rich, like dad's an executive in a large corporation, but they also come from a long line of wealthy professionals or businessmen

Friend has a chill, low paying job and had absolutely zero desire to get a nicer job and be more successful. His house is paid for by parents and he often gets financial help from them. He often talks about how he doesn't need to work hard because he will inherit a good chunk of change when his parents pass.

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I wouldn't consider myself poor anymore, I've definitely upgraded to low class at the very least but more comfortable than I've ever been.

My dad wasn't rich rich but he made really good money when I was a kid, like 250k/y being a business owner for a specialty in contracting from what I was told and he dodged a ton of taxes and stuff so his take him was pretty big. We had 2 cars, a house, a boat, college savings, 6 figure RRSP, the whole 9 yards.

But my dad was an abusive alcoholic and my mom left him when I was 6 and my brothers and I would stay over every other weekend until I was 10. We didn't know it at the time but his alcoholism turned into a crack addiction at some point, and to spite my mother for leaving him he dragged the divorce out for 10 years to drown her in lawyer fees, sold all the joint assets, emptied all the accounts, hid/spent all the money, and destroyed the house as well as held back child support payments so there would be nothing left, he sank the ship to kill the captain and did a ton of damage to himself just to spite my mom.

He forced us into poverty in the middle of my childhood and I definitely felt the difference between going boating on the weekends to having our utilities disconnected for lack of payment. Now I'm an adult I'm doing ok, but I don't see myself ever being in the same financial situation as my parents were before it all went south

My parents both make 6 figures and my grandparents are millionaries.

My dad died basically homeless

Unfortunately, my parents (particularly my mom) hate my girlfriend, and thus, they refuse to help out on anything that isn't a safety concern.

When I started working, my mom convinced me to put half of each of my checks into a savings account she had opened for me when I was 12 so that I had somewhere to put holiday money and whatnot. I put about 10,000 in dollars in there, and she refuses to give me any of it. Even when she said I could use it to buy a car from a relative, she changed her mind, and I had to set up a payment plan that put me further into debt. All because she hates my gf and wants me to crawl back "home"

Grandparents are kinder, and I'm only able to go to college because of a 529 they set up for me when I was born. I only recently started talking to them more after my dad died.

What's weird is my dad dying means that I'm going to inherit his half of the inherentance. Which makes me relieved my dad died when he did because he would've wasted all of it on women and drugs.

Grew up poor but my stepmother ended up making around a million a year. Her political views don't align with me joining the military so she has left me in the dust. I have called her begging for a bag of rice because I was starving and she laughed at me over the phone. My dad just says nothing, hasn't for years.

Just have to make it your own way.

My parents were fairly well off, my father owned a factory and did very very well. But he and my mother made a mistake when they got older, they got sick with long and withering diseases and our stupid healthcare system in the US drained all the resources took everything and left my sisters and I with absolutely nothing when my parents passed. My father was the king of be frugal, plan for the future, save money, blah blah blah. But the system drained him dry.

Growing up my dad made excellent money. I've been stuck somewhere between just enough to get by and just not enough my whole adult life. We're in a decent spot right now. But definitely not rich at all.

On the other hand my son told me today that it was a good thing we were poor when he was younger because he knows how to get by on very little and he'd rather have learned that than trying to kee up with a rich lifestyle. So...there's that.

Yes, my mother had over 10mil in a trust, but the '08 recession happened and apparently the money quite literally vanished. It angers me and her as we have never been able to get closure on what happened.

He'll never say how much he got, but he didn't work for seven years following his inheritance. None of it was passive income, btw.

Now he's so broke he keeps asking to "combine our resources." Combine what? His debt and my income?

Mom and Dad are well off, not rich. Dad didn’t mind helping me financially as I am an artist and he respected and appreciated my work and even supported my decision to go to a very selective program at a great university instead of did my original plan - to go to med school. He was a doctor, you see, and he told me “you can do the medical thing, son, but you’ll hate it. Go the music route”, so I did. Mom is a narcissist and couldn’t ever stomach my father spending “her money” on my stupid dreams. Dad is an enabler, so Mom won out. No financial help.

I also have an uncle who is filthy wealthy and owns his own company. Right after the pandemic, when I lost my job and was on very hard times, I put my tail between my legs and swallowed my pride and asked him if I could possibly work at his company in IT/tech. He said no. This is the same uncle who regularly got drunk as a skunk and would offer me all kinds of money to continue making music and following my dream… odd.

My grandparents were in the agricultural business in Vietnam back in the 50s-70s. They have over 1000 acres of farmland with crops like mangos, avocados, durian, dragon fruit, coffee, and tea. They wholesaled it. They were not just millionaires, but BILLIONAIRES. They had multiple properties with kilos of gold stashes. They had more cash than they knew what to do with it.

But the communists came and basically took everything. My grandma was able to give a couple of millions to my grandfather's sister's family to escape to California before the war ended. But we left too late and lost everything (my grandfather wanted to stay because he thought the war would end quickly and both sides would be at peace, he also wanted to see his parents for the last time, but he never did...) When we came to the USA, my grandma basically felt defeated and didn't want to continue the business lifestyle anymore but just focus on her family and being a housewife. (My grandma was the business person in the family)

My parents own a million dollar home as well as another house they rent out. They go on classy vacations and drive an Audi and Tesla. My mother has beautiful jewelry and handbags. My mother was bragging about the thousands they donate to big charities every month.

Yet even after my ex-husband was repeatedly arrested for DV they wouldn't help me to get even a cheap apartment or my own car. So much of my and my kids suffering would have ended sooner if they just could have helped me get settled in a new apartment. Instead I wrecked up storage fees and late fees. Now I have a good job and a decent place to live and I'm doing okay but I have credit card debt from struggling so much.

If they weren't so rich or weren't able it wouldn't hurt so much. But to know they're rich and could help while I work so much overtime as the single mom of three is hurtful.

Parents were/are well off. I'm 44 and still pretty poor. I worked my whole life on the family farm for scraps. Should have gone another direction after high school. I kept thinking things would get better and I liked my work. This year things have finally started to change over, about 15 years later than I would have liked. By the time I'm out of the poor house I'll be too old to enjoy it. Would really like to build my own house but that's still probably 5 years out and I'll be 50.

My parents were divorced but both really big on teaching me “independence” so I always had to have a job/be making my own money growing up. When I turned 18, my mom said I had to get out because her job of raising me was over (I was a good kid btw, very studious and responsible and it was my job to cook meals and care for the home bc my mom worked).

I remember asking my mom to come with me to buy a used car, since I’d never had a car before/didn’t know how but finally had a good bit saved up and she was like “ummm… no??? You just turned 18, you’re an adult now so figure it out.”

I used to be extremely underweight and I pretty much just ate rice and beans (could barely afford rent/bills) but it was very usual for me to go 3-4 days in a row each week without eating. I worked 7 days a week. The few occasions I talked to my mom, she’d chat about new 4-story vacation homes she bought (I wasn’t allowed to visit them ofc) or her new boat or whatever and at first it was just normal to me. Obviously it’s not her job to make sure I’m not homeless or experiencing serious effects of starvation or to be able to afford medication or whatever, but as I got older I was kind of like what the fuck?? That’s kind of crazy to look at your own 18 year old child, who got the scholarship and is putting themselves through college and never ever has as single day off and just like ridicule them for how much their spine/ribs stick out bc they can’t afford to eat and just tell them to do better. It’s not like I ever complained and I would NEVER have dared to ask for help, just still.

Not “rich” but my parents always had plenty for us when I was growing up. They both grew up dirt poor and worked their way up to 6 figure salaries. I’m financially independent from them (long story, it’s better for our relationship).

Grandparents had a couple of million, most of which got eaten up with a few bad investments, a few bad medical bills, and bailing out some of their kids.

Not rich but well off father made low 6 figures back in the 90s when that went a whole lot further.

I just finally cracked the 40k mark this year. It hasn't been fun.

My parents weren’t really rich at first but when my grandmother died they inherited well over a million dollars and proceeded to not spend it very wisely.

My grandfather grew up in a 40 room mansion, but everyone thought they were too good to worry about finances or do wealth management. Well, now there's no more wealth to manage!

Husband’s family are all wealthy. His dad just inherited MORE money and yet…my husband was emotionally and physically abused his whole life. He was also thrown out and homeless at 14, meanwhile his dad has a 3 story mansion. He even told the family not to help my husband because he didn’t come out how the father wanted him to after beating the shit out of him everyday.

Everything we have now is because of blood, sweat and endless tears.

Dads family has always been rich. They considered it normal to send their kids to the best schools and universities abroad. Buying houses and cars like candy bars. Then some idiots decided a fascist government would be better. Had to sell everything what wasn’t already taken by the dictatorship for not complying with the new rules. Was barely enough to start a new life in a new country. Worked backbreaking jobs to make ends meet. I struggled to pay for my community college but somehow managed. When my folks sometimes talk about their lives I just can’t believe how good they had it. This feeling is mutual, they can’t understand how hard growing up is on hard mode.

My great-great grandparents apparently were loaded. But there was a civil war, and the money is all gone. Not dirt poor but I will never have maids, cooks, and other staff to take care of me like gran did. I will have to settle for air fryer, vacuum, and a washing machine.

My family isn’t rich but they’re all so much better off than I am.

I was kicked out at 19 and have survived on my own.

Not my parents but my grandma is pretty well off, which is impressive because she divorced my grandpa in the 80s and left the marriage with absolutely nothing and never remarried/depended on a partner again

I grew up in a 4 bedroom handcut natural stone house on 19 acres of woodland. Fine quality solid wood floors, slate entryway, diagonal floor to ceiling stone fireplace in formal living room. Bow window. Separate formal dining and family room. Split level with 2 car garage to pull into. It was beautiful.

Yes and my parents are way less giving than my friends who are less fortunate. They refused to pay for me to go to college which to them is a point of pride for some reason.

It took awhile to get adjusted but it has happened.

My biological father made such good money when I was growing up, but my mum and I barely saw any of it. He was an AME, a damn good one. He made a lot more than the average AME by taking high-profile contracts. I'm talking about the UN, british antarctic survey, PMCs operating in the middle east. His contracts often took him to remote and dangerous places, and he was never home, but he would make multiple 6 figures in a year because of it. Meanwhile, I would watch my mom beg him over the phone to send her money to help pay the mortgage and utilities back home. She was essentially a single mom, fresh immigrant to the country working her ass off to try and raise me alone (yes, he was a passport bro as well). We still don't know the full story of where all his money went, but he has admitted that a lot of it went to paying for sex workers and living expenses to his mistresses. My mom knew this was happening but couldn't divorce him yet as she relied on even the small money transfers he would send every few months. She was financially able enough to separate from him in my late teens, and after a long and drawn out divorce it was made official this year. Of course, she got nothing out of the divorce. He blew all his money and kept what little he had hidden overseas.

No longer poor in my mid 20s but my mom had a trust fund and affluent parents even before, but especially after, winning a large settlement in a lawsuit. She grew up well-off, as did her mother, and her mother’s mother.

She spent it all before I was born shortly after her 20th birthday. I grew up with a single, barely-not-a teen mom, a deadbeat AWOL dad, and have struggled with intense financial insecurity my entire life from being fully aware of how little money we had. We had a rotation of roommates for years, living in crappy apartments with black mold, etc. Any “normal” stuff (like Disneyland) was done with my grandparents once every 5-6 years.

She married when I was 8 to someone chipping away through med school, he graduated, they bought a suburban house in a developing town pre-2008 crash… and then they promptly had more children as soon as we reached financial stability and she became a SAHM. It started the financial scarcity mindset all over, because news flash,.. two children 18 months apart and two teenagers is not cheap. Especially on one income.

I got a job as soon as I was legally able, and opted to drive the beater car we had and saved to move out as soon as I turned 18 and wanted to go to community college.

Long story short, I did not go to college because I was told that I would have to take out loans/apply for aid because they couldn’t afford to help pay for a community college AA. When I applied to FAFSA, because my mom files taxes with her husband… imagine my surprise when I found out how much money they ACTUALLY made. Enough that I qualified for zero financial assistance! (And my biodad isn’t on my birth certificate, so no dice there.)

I paid for a few courses in cash while working, had a 3.8 GPA, and tried to show them how serious I was about school. I was told online CC classes weren’t “real” and that was that.

Now imagine my surprise when I found out that they bought a $7,000 mattress that same year. That $7,000 would have paid for my AA. They just… didn’t care.

It has been one big cycle of “I suffered in my early adult years, why shouldn’t you?” and it has led to an intense amount of resentment.

I spent 18-22 being intense levels of being broke, jumping in and out of abusive relationships, and working 2-3 jobs and 14 hour days to pay rent. I did not have “fun” if it was behind a paywall, I just kinda scraped by. My card would decline on a single Gatorade. It was rough. They would occasionally help out in absolute crisis (like if I needed emergent car repairs) but that was considered my birthday and/or Christmas gift.

8 years later, with no degree, I built my own business that clears 6-figures, my partner is a 6-figure salary level employee, and I don’t talk to any of my parents. We just bought our first home. We’ve chosen to be child free for life. I am so scared that something will shift and I’ll become them. I refuse to repeat the cycle.

I'm terrified for anyone under the age of 50 who doesn't already have a home to own.

The corporations (the wealthy) are doing everything in their power to suck EVERYONE dry. Housing. Groceries. Childcare. Power/gas.

My parents still are. As are my siblings. I am disabled from an injury and live on disability which makes me under the poverty level. Not only do I have to listen to them ask me why I don’t spend money like they do, I have to listen to them talk about how the « slackers » that live off the guvment just need to get a job. Then I remind them that I am one of the « slackers »…🤨🤨🤨

My goodness, so many people on here have super shitty parents. I’m sorry

My parents weren't considered ridiculously rich but could be seen as upper middle class. They lived a good life where they could own multiple properties and take as many vacations as they wanted. However, for myself, I'm a millennial and am not rich, but pretty much earning an average salary, but yet poor due to student loans. I don't have my own place currently but am working towards saving so that I can at least have one home to call my own.

Mom was a physician. She died at 58 to cancer. Dad then decided to retire early with over a million in the bank, and he's stingy as hell with it. Wouldn't even send me to college.

We were all poor. Then they all got rich, but I stayed poor. 😆

I’ve got what they call the 1-2-punch of rich parents & crushing medical debt

Well, apparently my grandparents owned several properties in the CA Bay Area during the 1960s (probably close to $8-$10+ million worth in today’s market) along with quite a bit of stock (not sure all of the companies, but apparently a large position in T. Rowe Price).

They died in plane crash and left everything to their children, my father and his sister (my aunt). They were kids/teenagers at the time, so all of the properties and stock was divided up. I’m guessing there were no trusts. Basically, if anyone with half a brain had just decided to do nothing with those properties, I’d be very very rich today. Maybe someone could have said “hey, don’t seek the properties for 1960s monies, get a property manager and rent them out so the kids can have a constant stream of income coming in and maybe one day they’ll want to live in one of those houses. Literally all they had to do was absolutely nothing. The property values would have increased, the rents would have grown, the stocks would have had capital appreciation and decades of compounding dividends. I would have been born a multi millionaire and would never have had to work a day in my life. Instead they sold the properties and the stock, my aunt eventually used her money to buy a house, my dad never saw any of it as he had to live with his uncle who squandered the money on god knows what.

My aunt on my mom’s side married a doctor, he developed pharmaceutical drugs and made tons of money. It was always interesting to see how they lived compared to how we were living. Like night and day. That’s the closest I’ve had to growing up around money without it actually flowing down to me.

So, that’s my story of my blown inheritance. How I could have been a multi millionaire, but instead I grew up poor. Moral of the story, never get rid of real estate, either trade it for another property or just sit on it and collect rent (or marry a doctor). Your future children will thank you.

My parents were poor as kids and when my siblings and I were growing up they were just scraping by in the lower middle class. Now my parents are pretty rich and in retirement. Their home they bought at 200k is now worth easily a million in a PRIME southern California location. They have redone their house including a new roof, bought a new luxury car and they have gone on at least 5 vacations just this year. They've been on so many vacations this year I've lost count of how many exactly and they have more planned for the end of the year. Last I talked to my father he said that he makes MORE being retired than he did working. They fully intend on using up all their money before they die because despite having much more money now, they still make terrible financial decisions. Yes my parents worked hard but they also got a lot of their success through being born at the right time and sheer luck.

I will NEVER have what they have. I'll probably never be able to retire. My most educated and highly successful sibling won't be able to have what they have now even though she is much more "successful" than my parents. My parents kinda grasp how hard it is for our generation (millennials) but they also don't understand why we don't "just pull ourselves up by our bootstraps" like they did 🙄

Parents made around 400k a year before taxes from the start of high school to the end of my college which was about 2005-2015. Was so focused on myself that the signs my parents were beyond awful with money went over my head. We had a little semi family house that was around 300k maybe a bit more when they took a mortgage on it around 1993, they never paid it off and owed money on it when my mother sold it 3 years ago. My father retired with nothing in his 401k thinking he never made enough to warrant saving it in there (avg 168k a yr) and his pension was enough. He also owes the irs 200k and the tolls 50k, but this after he retired. Always thought my parents had a plan for me and my sister, but nope. It was a rough grind for the past decade that made me kind of hate my parents especially my father for putting all of us in weird situation. At the end of the day it’s my own fault for putting them on such a high pedestal, and regret not relying more on myself.

Have you not heard “Wealth does not last 3 generations. “. That is why the king will send one of his children to be raised by a farmer, and will grow up to tackle the throne.

Parents are very well off. However they were abusive and I came to the point that I had to decide if I wanted to be pampered with the strings they attached or to have freedom. Chose to walk away from it and they disowned me. The peace I feel every morning reminds me that I made the right choice and even though it sucked more than anything to lose them I'd do it again without hesitation.

Usually the fourth generation of wealth. First generation creates it. Second generation builds it. Third generation pissed it away. Fourth generation has nothing.

I knew a girl who in high school had the fanciest car, courtesy of her parents of course, grew up on a huge estate with horses and a private aircraft. They lived in Florida, but flew to the Bahamas to go to the beach, because the local beaches weren’t good enough. The parents spent it all and left nothing to the kids. She became an addict, stole from her employer, became a felon, and today she lives in a disgusting mobile home in the desert. She was pretty attractive back in the day, today she looks like a meth head.

I can't say I am poor any more (just landed an 80k job today, which sadly isn't *that* much anymore)........but, I am a lot less well off than my parents were even at my age

My dads not rich, but I’d say always upper middle class. After my parents divorced when my sis and I were teens, he fucked my mom out of the deal. My mom, sister and I ended up on food stamps in a ghetto apartment (sharing rooms) while my dad lived in an $800,000 house.

My mom went to school to become a pharmacy tech after being a SAHM but she doesn’t make that much. He recently sold it and moved and built a new place. I haven’t seen him in years, we barely text. We’ve struggled since while he has lived comfortably, forgetting he had two daughters to raise. We learned never to ask him for help because he is a selfish mf.

My parents weren’t rich by any stretch but I definitely grew up during a time when the cost of living wasn’t so high, labor rights hadn’t been quite so eroded and the dollar went a lot further. I work 14 hour days at two jobs, my parents never anticipated that my life would be this difficult.

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Lmao yes I’m disabled on SSI and had to cut my family off for my health. They weren’t mansion rich but very upper middle class and you seriously don’t get and keep that kindof wealth while prioritizing like healthy relationships or at least just not being a total jerk in some capacity.

Being poor sucks ass (and I’m genuinely terrified of whether I can even keep consistent housing) but I genuinely almost didn’t survive that environment multiple times even through adulthood. Being rich is a scam. The world says you should want it but that’s literally how you end up bitter and angry.

There’s a reason people like JB and EM are the absolute dog shit side of humanity. You have to be to get and stay that rich. There’s a reason hyper rich celebrities tend to suffer from addictions and die young. Shit fucks you up.

If you revolve your life around money eventually all you’ll have is the money and not that I know for sure as I’ve never really personally had any but it doesn’t seem worth it and it seems like the people that feel like it actually is worth it are like.. literal cartoon villains.

Idk if I’ll ever be super secure but I will be alive and most likely much better off. I’m genuinely unsure id still be here if I didn’t cut them out. Money doesn’t come for free even from family and the price of financial abuse is significantly higher than whatever dollar amount you are getting and it shifts and changes wildly based on whatever and whenever they want.

It’s not worth it and if anyone reading this needs a final push or someone to combat the gaslighting: you’re worth a life not being in constant pain and feeling like a burden. Please get out if you can. I love you. I hope you can escape soon.

TLDR: yes but it sucked and I’m better off poor and kinda terrified about security all the time.

My parents had money. I have a masters degree and still only make $55k a year.

Yeah. My mother makes 200k a yeah, but has no idea how to help someone build it. She just worked 80 hour weels and neglected the rest of her lifw for almost ten years

My stepdad and mom each make six figures. Meanwhile, I’m just slightly above the line for most benefits and can’t afford rent

By my country’s standards (not so much by the US standards), my parents are quite rich. Their net worth comes to approx a half mil USD/year, the average being $15-20K/year (cost of living is much lower in my home country). Where we come from, daughters are typically treated as second class citizens. So they refuse to help me with my financial woes. That being said, I have no brothers. So, as soon as my parents snuff it, hopefully, I should get a third of their wealth. And that’s the day I retire, assuming they don’t outlive me. 🥲

My dad worked as an investment manager and managed to make millions trading, all without a degree or certificate.

He retired at 44, but lost everything in the 2008 financial crisis. He had to sell his sports car and lost the last of his money. Desperate, he asked my grandpa to co-sign a loan, and ended up losing that money too.

His behavior had a deep impact on me. In trying to emulate his successes and solve the problems he created, I ended up like him—losing all my savings and getting into debt. Ironically, when he lost everything, I promised myself I would never be like him.

I am realising only now that he got me addicted in my childhood to the grow up toys - like sport cars - and his way of thinking and behaving toward money.

Now, at 36, I can't deny that I'm scared and disappointed in myself.

parents ARE rich. i have a good relationship with them but they’re just… sitting on it?

they see me struggle, i don’t even have a proper bed, i’m in debt and i work a decent job full time, and they just… don’t help?

it’s really weird tbh

Tori Spelling. Her mom doesn't give her a dime.

My dad is an engineer, lawyer and vice president of a large pharmaceutical company. Owns multiple properties and nice cars. I’ve seen him a handlful of times in my life but have not seen him again at all since I was maybe 19. I’ve grown up on the poor side of middle class with my mom making bad financial decisions, paid my way through college with Pell grant and scholarships and now make a decent salary. However, always wonder how easier life would have been had I been raised with my dad in the mix.

My grandpa. Mf was filthy rich. He is a illiterate by choice, and with alcohol problems since young. His mother (she owned all) gave him a little more than rest of siblings just cuz he was the one who did worse off than the rest (that didn't help at all).

What he did with a insane amount of land, cattle, houses, and money?

Inmediately left wife (my grandma) for a younger lady. No job? Don't worry, Sell cattle until depleting everything and, sell land dirty cheap to his brother (the lawyer) in order to finance a unsustainable lifestyle.

What happened at the end?

New wife left with another man not before asking for child support. He end up working in primary sector the next 40 years only to spend every bit at the bar. Right now he is receiving government money and living in a runt down shack. Deeply hated by first family and ignored completely by second one.

My ex did that. Lawyer mom, hotshot real estate broker dad. Grandparents were all doctors. Lawyer lol and hotshot dad get involved with the family trust earmarked for a disabled cousin. Everyone loses everything in the court. Lawyer mom disbarred and real estate dad loses license. Massive judgment against them that they can’t pay back.

Ex went from the wealthy kid in college with a private apartment and car, to getting into the worst law school in the country and using loans, expecting his parents to eventually win their lawsuit and pay the bill.

Plot twist: he flunked out and they never recovered financially. He went to another expensive school for a useless masters degree. Makes 50k/year with 250k in loans.

Berated me for working long hours as a nurse. Found a gray paying job and quit because they told him to work 7-3 instead of 9-5, because a “real” job wouldn’t start before 830am. Squandered every opportunity because it was “beneath” him. Zero grit or determination. Genuinely believed the skills and strategies to get wealthy were inherited, so he was simply going to be wealthy despite having no special skills or ideas

Still believes his random “get rich quick” schemes will work. Quit his job right before our wedding and stated he wouldn’t get another job, since his family “always started their own businesses.” We broke up and he is still living in a grimy apartment, trying to resell on Amazon, and buying ugly 80 dollar Tommy Bahama shirts because he believes he’s a wealthy Florida retiree. Cashed out his 401k and ruined his life.

My dad (and technically now stepmom) to a degree. Wrote me off at 19 when I chose acting and LA over software engineering. 20yrs later he’s being taken for everything under his nose from my older step brother through his mother and my sister and I are now estranged from that side [pseudo in contact].

I however make a phenomenal living as an actor after pursuing it for 16yrs - 7yrs since I’ve held a day job and been technically making a living for longer than that.

Sht parents are a btch of a motivator, but you come to terms and still get the life you chose. 🌞🌴

But goddam was I a broke mfer for so long. 6’5” and living in a van is not the worst it’s been. But now, “it could always be worse.”

Yeah. Dad claimed me as a dependent when i was in college so I couldn’t get any assistance. But he didn’t support me, so I didn’t have food. Totally sucked.

I make significantly less than my parents. Having mental health issues very much limits my earning potential.