If my parents make lot's of money, why do I need to go to high school and get a job when I'm older?

Question

Okay, so my parents have really high paying jobs, so we live in a big house with a pool and a 3 car garage and all that stuff. But I'm still in high school, so I was wondering if it is really that imporant to finish my high school because if my parents have lot's of money doesn't that mean they will give me some or something? Because my friend at school said they proabaly invest or something and then they put it in like an account that's all for me, because she said her parents do that. I'm know it sounds selfish and lazy, but what would be the point of going to college or w/e and trying to get a high paying job when I am guranteed alot of my parent's money? SERIOUS ANSWERS ONLY. No stupid answers because i really want to know if it's true about that thnig.

Answer 1

This is not a stupid answer. You are not going to have your parents forever, and they worked hard to get where they are at to have these nice items for you.
There is nothing guaranteed in this world. Yes, you are being selfish and you will become lazy with this attitude. A little work does not hurt anyone with or without an education. Go out in the world and make something of yourself and your family when you decide to marry and have children on your own.
Your friend is probably right that your parents will invest the money for you, and they may even pro rate it for you in their will.
I have seen people with money one year and another year they do not have anything in their pockets.
Think about it, finish high school and make a career of your own.
Good Luck

Answer 2

I am sure your parents will help you but, they can't give you the education you will need to handle the money which will eventually run out if you do not know how to handle it. You can go without working and not going to school, but I believe you need to talk to your parents about this. Just because they have all of the above mentioned things doesn't mean they are debt free. They may be up to their eyeballs in debt.

Education is the most important thing a person can do in their life time. You not only need the training you will get, but also the social skills. If something suddenly happened and all the money went away and you had no high school education, you would be totally out of luck.

Really, it is your call and your parents as well. People would not think very highly of you if you chose the path you are considering. You need to have goals in your life, otherwise what you have or get will mean nothing to you.

Your parents could have a trust fund for you but you would need to know what to do with it if they died and lawyers are expensive, my friend. Plus, they will take a large cut of your money as well as the investment brokers.

Just think it over, please. Don't be one of those drop out people. Intelligence gets you a lot further than free money.

Answer 3

you are a classic example of the wonderful way teenagers are raised nowadays, everything handed to them on a plate, nothing to work for, no ambition, no goals in life, in other words boringggggggggggggggggggggggggg, one day your parents wont be here to wipe your nose and powder your butt, and what if one day your parents lose all their money from some financial crash (which can and does happen) where will you be then? no skills, no education = no work = no money = no life, wake up kid while you have the chance, make something of yourself, someone your parents can be proud of, someone who can say "what i am today is the result of my own efforts" then no matter what the world throws at you, you will be able to handle it, if you dont you'll be a big kid all your life, always looking for someone else to get you out of trouble, work hard at school, get good grades, you may even find your parents pleasantly surprised at a new attitude, and a possible raise in any allowance money you get, the moral of the story "earn it by working for it, and you'll get it aplenty" be it money, satisfaction or happiness. As to your friends let them be a namby pamby loser whos a baby all their lives, you have the power to be different from them, use it to make you a worthwhile person.

Answer 4

My parents are very wealthy- but it's their money not mine! I get a lot of satisfation by making it on my own.You will never feel you have any accomplishments if you never do anything in your life but live off the money your parents worked for . I'm positive your parents would not give you a penny if they knew you were planning on spending their hard earned money ( that you didn't earn) .
By the way, A lot of people these days have a pool , three car garage and big house , but no savings. Your parents could be in huge debt- with huge credit cards bills. Having a lot of stuff these days does not mean you are rich!

Answer 5

Consider yourself fortunate. Money can make your life comfortable and provide you with opportunity. It is better to view this economic status as a net to fall back upon, which will provide for you if needed.

No matter what advice you receive, in the end, it is your choice to choose the road you are going to go down. Relying on your parents to support you all your life has its pitfalls. To name just a few: You will never become truly independent. Your sense of security will always come from your parents and not from what you will be able to bring to yourself. You will never discover your abilities and what you are made of; there is a satisfaction in being able to stand on your own two feet and knowing that you accomplished something. You will remain child-like, in other words, someone always has to take care of you. You will remain at the mercy of your parents requests of you and rightly so, as they are footing the bill for you. If your parents ability to provide for you changes, you will be up **** creek because you will have not prepared yourself to take care of your own needs. For your own self-esteem, it is advisable to stretch your "wings" and see where you can go.

Next, you will be looking for a rich man to marry, getting together with someone for all the wrong reasons.

I view finishing school and living off of your parents separatly, not connected. School is not only a means to an end, a particular job or profession. By going to school you expand your mind and experiences, not just from learning but also from socializing. I left high school, got my high school equivalency, and went on to university. University is an experience not to be missed, especially if you can afford it. It is difficult for you to see that because like many things in life, you can't really know it until you have been there yourself. It is not like high school at all. Keep in mind that the most wealthy of people have been educated, regardless of the fact that they had great wealth and didn't need to be trained in order to have an income.

Do you only want to take for the rest of your life? Even if you are financially stable through what your parents provide for you, would you not want to return something to society? I would say it is your responsibility to do so. Could you not see yourself providing time to someone who is less fortunate than yourself?

Answer 6

Tell me why do you deserve your parents wealth. Also by wiorking you will learn the value of money and increase your own self-esteem.

Besides what they may have put aside (if anything) is probaly for your education and to help you through college or Uni. Further, that amount of money would not last long and as such you'd have to work eventually.

Answer 7

Your kind of hoping that your parents would invest for you. Your parents may not decide to give you such a large hand-out. And if they do you would need to know how to handle your money i.e. where and how to invest. Having money is one thing, keeping it is another. And if for one reason or another you loose your inheritance, going to school will provide you with something to fall back on.

Answer 8

You can't count no your parents money. If they are investing they could loose EVERYTHING really fast! I know someone who lost $300,000 on a very sure company, INTEL.

I know a couple guys whose folks made lost of money. When their dad died it turned out he had willed it all to the Boys Scouts. I am serious.

You really aren't guaranteed any of your parents money.

YOU really need tot alk this over with your parents. I am sure they can tell you if you need to finsih your education Or if they make enough to support you the rest of your life.

Answer 9

listen you need to finish school and go to college for your self what if something happen to those high paying jobs and your parents has to sale that big house. then what will you have nothing you can go from the rich house to the poor house in a second you never know what will happen in the future. yes you are acting and sounding lazy and selffish.

Answer 10

You need to be successful for your self or you will never feel good about anything. Achieve something on your own. Perhaps your parents can help you out , for instance, paying for college, but you need to have your own goals.