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1%’ers, is the rest of your family doing as well as you?

Posted on 1/12/24 at 11:54 am
Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 1/12/24 at 11:54 am
We all know that we are the crème de la crème, but let’s hear some stories of the black sheep’s of your family…if there are any.

My Mom & Dad have 10 total siblings & 3 children.

Between the 12 children of my respective grandparents, 9 were successful engineers, 1 Environmental Chemist, 1 an uneducated stay at home mom, and the last a high school dropout meth head.

Between my parent’s children all just have undergrad degrees (business, psychology, theater arts), 2 make well into six-figures, and 1 is an unemployed former Bud-tender living at home at 34.

Previous Success rate 10/12
Current success rate 2/3

But here’s what I’m more interested in hearing about, the unsuccessful…was it any oppressive forces or things out of their control that made them unsuccessful or was it their own personal choices that led to their specific outcomes?


This post was edited on 1/12/24 at 12:27 pm
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
64386 posts
Posted on 1/12/24 at 11:56 am to
Doubt you’ll get any real ballers answering in a thread with the word ballers in the title.
This post was edited on 1/12/24 at 11:57 am
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9654 posts
Posted on 1/12/24 at 12:00 pm to
Not a Baller.

But I'm good and I'm the black sheep. My brother and cousins all do very well. Cousins are all scientists. My brother and I are about equal in wealth and he's an patent lawyer in DC.

I don't have a college credit to my name, so I am definitely the oddball. I had to work a little harder than they did, but we're all set.
This post was edited on 1/12/24 at 12:06 pm
Posted by Commandeaux
Zachary
Member since Jul 2009
7310 posts
Posted on 1/12/24 at 12:01 pm to
Hell no. My brother is my butler.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13932 posts
Posted on 1/12/24 at 12:05 pm to
What an odd way to tell the OT you make “well into six-figures”
Posted by Long Ball Larry
Baton Rouge
Member since Apr 2021
1403 posts
Posted on 1/12/24 at 12:08 pm to
When one accumulates as much wealth as I , they certainly do not share any details with those beneath.
Posted by TJack
BR
Member since Dec 2018
1414 posts
Posted on 1/12/24 at 12:10 pm to
quote:

1 an uneducated stay at home mom,
you bout to get in trouble baw…

ETA: I’m the black sheep. But I have a bachelors, masters, and professional degree. My decisions, nature vs nurture, alcohol, natural disaster, bones spurs, depression, all played a part. Never able to break 6 figures.
This post was edited on 1/12/24 at 12:15 pm
Posted by jizzle6609
Houston
Member since Jul 2009
4291 posts
Posted on 1/12/24 at 12:11 pm to
My father broke the cycle. No degrees prior to him. Only 3 degrees total outside of my direct family, this is counting all the cousins on both sides. I know very sad.

My dad has three kids. Finance, Pharmacist, Nurse. Their spouses are a Nurse, Financial Analyst and AP Physics/Calculus professor

1/2
3/3
10/6 counting spouses

It's amazing what one generation of parenting will do.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65920 posts
Posted on 1/12/24 at 12:12 pm to
quote:

We all know that we are the crème de la crème, but let’s hear some stories of the black sheep’s of your family…if there are any.
None in my family.

Out of the five kids and SOs on my side, Mrs Füt (no pics) & I are the only ones not retired.

We are the youngest, so that's reasonable.

She's one of five as well on her side and they're all productive citizens. Three of them are already retired.

We've got about the same money as anyone on her side.

On my side, I'm the poorest. And I'll be fine.
Posted by jizzle6609
Houston
Member since Jul 2009
4291 posts
Posted on 1/12/24 at 12:13 pm to
Poor is a state of mind.
This post was edited on 1/12/24 at 1:14 pm
Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 1/12/24 at 12:16 pm to
quote:

My father broke the cycle. No degrees prior to him


By setting higher expectations, or accidentally successful…like a sports scholarship and support from interested parties?
Posted by BoogaBear
Member since Jul 2013
5611 posts
Posted on 1/12/24 at 12:17 pm to
I broke the cycle in my family. First one to ever have a degree. First one to marry someone with a degree.

We do very well, the rest so well enough but struggle in comparison.
Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 1/12/24 at 12:18 pm to
quote:

We've got about the same money as anyone on her side. On my side, I'm the poorest. And I'll be fine.


Did any have children before marriage, felony arrest, any of the various drug/vice addictions?
Posted by Shexter
Prairieville
Member since Feb 2014
13965 posts
Posted on 1/12/24 at 12:18 pm to
quote:

My Mom & Dad have 10 total siblings & 3 children.

Between the 12 children of my respective grandparents, 9 were successful engineers, 1 Environmental Chemist, 1 an uneducated stay at home mom, and the last a high school dropout meth head.


Are you in the Messenger Christmas lights family?
Posted by Tiger Ryno
#WoF
Member since Feb 2007
103177 posts
Posted on 1/12/24 at 12:18 pm to
I'm the oldest of 4. We are all successful.

The one sibling who didn't go to college is now a multi millionaire.
Posted by Jake88
Member since Apr 2005
68429 posts
Posted on 1/12/24 at 12:19 pm to
quote:

 My decisions, nature vs nurture, alcohol, natural disaster, bones spurs, depression, all played a part. Never able to break 6 figures
This level of damned good insight can't hurt.
Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 1/12/24 at 12:20 pm to
quote:

I broke the cycle in my family.


Any thought into why you were different?
Can you/ do you judge their life choices? (Car payment > trailer payment)
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9654 posts
Posted on 1/12/24 at 12:23 pm to
quote:

he one sibling who didn't go to college is now a multi millionaire.



I'm not going to state my wealth, but that's the best way to be. I've never been indebted to anyone.

And it pisses some people off because I don't have a college credit to my name.
This post was edited on 1/12/24 at 12:24 pm
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79325 posts
Posted on 1/12/24 at 12:23 pm to
My family (wife and kids) are in a different situation than anyone else in our extended family.

One element is a common story around here - created and built a small business, let the the no-college kids bleed it, it collapsed when hard times came around. None of them are poor and they're all likable/fun folks.

I think "College is for libs, I built a multimillion dollar business without any of that and you don't need to screw around with it either" was a dangerous message to give kids in the 90s/00s and it happened a lot around here. Kids who had every redneck toy aren't motivated to get formal education or build something for themselves, 08 or something of that sort hits, and the entire house of cards collapses and now they don't have a family business and they don't have an education. I've seen it dozens of times.

Often it's accompanied by having kids out of wedlock (even if they end up married) and similar semi-WT decision making. Other than having some money but never being motivated to fend for themselves by their family, the biggest difference maker I've seen is staying close to home in rural/semi-suburbia with a bunch of other folks who don't really launch. I've seen a bunch of folks (including in my family) who had the money and opportunity to go anywhere and pursue anything who end up gravitating toward the normal practices of their townie friends.

Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 1/12/24 at 12:24 pm to
quote:

My decisions, nature vs nurture


Where does the nurture part come in to “my decisions”?

I only mean it as nurture is most often used in an “it ain’t my fault” type narrative to say that people aren’t born bad.
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