FLU – Didn't think about that, the psychology of kids not quite so overly rich going to school w/the super rich getting preferential treatment.
Speaking from experience. Three things can happen.
1)Your kid(s) turns out to a be superstar, because he says all that's around him and strives to attain it.
2)Your kid(s) falls short, and get's kinda bitter over it. Esteem issues, etc.
3)In the extreme, you kid(s) wants it bad and resorts to any way to get it. These are your future white collar criminals.
I did not appreciate growing up in an all affluent community, when my family's background clearly wasn't that way in the beginning. There were enormous social pressures as a kid. I turned out average, some of my friends are business owners,CEO's,VP's,etc that achieved greatness by my age, some of my classmates are in jail for all sorts of white collar crimes, and there are a couple of people I know that have "lost it", and plenty of trust fund babies that won't have to work and will be fine, except the ones that do drugs that will lose whatever their parents made. Interesting perspective frankly.
That's why I tend not to judge people on how their wealth or lack there of. I only have an issue with people who are lazy or expect handouts.
That's also why I hate going to China. Because in China everyone talks about money. You're judged by money, your social networks are by money, you make friends because of your money.money money money money. You're friends will probably screw you over for money. I hate my nanny, because she's always so damn nosy about trying to find out how much money we have our worse how much my parents have. And sometimes I hate some of my relatives from the other side of the house, because all they do among their generation is talk about how much money their sons/daughters/cousins have or have not. There's never a dinner or lunch with family that the subject of money doesn't come up. It's always about so and so got a good deal on x, this cost Y, this investment Q, real estate G, stock V, derivatives A, venture J…money money money money. Don't know if this is an asian thing or just a chinese thing. That's why I like hanging out with my non-chinese friends a lot. I need a break from this sh!t.