How to Raise Rich Kids

You know what nobody tells you about being first generation wealthy?At some point, after the investments and the success and the “we can finally breathe” part…you realize the next challenge isn’t making more money.It’s figuring out how not to accidentally not ruin your children because of it.Which sounds dramatic, but the research consistently shows that affluent kids struggle MORE with anxiety, depression, perfectionism, and substance abuse than the average. (Not exactly the brochure we got...)In this episode, I'm surfacing the hidden emotional and cultural patterns that often emerge inside affluence:pressure to achieve, emotional disconnection, entitlement, drift, and the quiet loss of meaning that can happen when survival is no longer necessary.Drawing from research on affluent adolescents, intergenerational wealth studies, and the recurring rise-and-fall cycles seen in both families and civilizations, this conversation asks a deeper question:How do we preserve the virtues that created the wealth… while releasing the suffering?We explore:--why 70% of wealthy families lose wealth by the second generation--what research reveals about thriving affluent families--the two root causes of why affluent children often struggle (and what to do about it)--how to raise children who aren't entitled but rather grounded, capable, connected, and emotionally secure inside financial affluence--and why family story, meaning, and contribution matter more than most people realizeThis episode is about the deeper art of creating generational wealth:not merely creating successful children…but raising human beings capable of holding wealth, love, responsibility, beauty, freedom, and power well.Because money is just a very small part of what your children will inherit. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit houseofarete.substack.com