Many of the costs shared in this post are unfortunately average costs. To set a child up for an earning to give career on Wall Street, top-tier education is necessary and very expensive in most cases. I don’t think universities would reduce the expected family contribution even if the parent is donating most of the income to effective charities.
Ultimately, if the child does earn to give, then the cost of education is worth it, provided that humanity exists for several years while the child earns to give.
As an 18-year-old, I don’t intend to have children because if I would, then I’d get a child at, say, age 30, and it’d take the child ~22 years to get onto Wall Street. That’s around 2048, and that’s so far in the future that humanity’s continuation is much more uncertain.
Many of the costs shared in this post are unfortunately average costs. To set a child up for an earning to give career on Wall Street, top-tier education is necessary and very expensive in most cases. I don’t think universities would reduce the expected family contribution even if the parent is donating most of the income to effective charities. Ultimately, if the child does earn to give, then the cost of education is worth it, provided that humanity exists for several years while the child earns to give. As an 18-year-old, I don’t intend to have children because if I would, then I’d get a child at, say, age 30, and it’d take the child ~22 years to get onto Wall Street. That’s around 2048, and that’s so far in the future that humanity’s continuation is much more uncertain.