That means my high-school friends who did not sacrificepartying and travel[children and private schools] are falling further behind ....
Family formation, and finance charges and interest, knock the hell out of net worth.
Of course, an adept investor, huddled in his candle-lit basement out in the woods with his copies of The Chartist and The Prudent Speculator like Silas Marner is probably saving and making money faster. But is he actually accomplishing more actual "good"?
It isn't all just arithmetic.
Are you suggesting I need to pay for your kids?
John Kerry, is that you?
Joking aside, raising a family can turn the rate of economic growth negative, or for astute investors, just slow down the rate of economic growth.
And in some cases I am aware of personally, it helps to increase it.
How? A supportive spouse, and a burning desire to help protect and reward a loving family.