Children and Wealth
By Pam Henderson
When asked about how much wealth he was going to pass onto his children, billionaire Warren Buffet told Fortune magazine in 1986, “I want to give them enough that they would feel they can do anything, but not so much that they can do nothing.”
Here in our little community where 1 in 4 children live in poverty, it’s hard for most of us to imagine that having so much money could be disabling enough to make one able to do nothing. Rather, it seems at the surface that having money would solve all of the problems. It could buy food, medicine, education, clothing and heat – all of the luxuries that belong to those who don’t live in poverty. But, of all of the things that money can buy, it can’t buy happiness.
Over the weekend, my family and I strolled through the Gold Coast as we made our way to Michigan Avenue from a parking garage. Parked along the curb, one in front of the other, were a Lamborghini, Ferrari, Range Rover and Porsche. The $355,000 Aston Martin was tucked safely inside the dealership. We could look, but couldn’t touch. We posed for photographs while sitting inside a sporty, Batman-esque Tesla.