Wealth Affect on Kids

Rich kids gets bullied

Don't strive to better in life

Think money is everything

Spoil and don't know what normal is

If friends like them for them to the money

Money Can't Buy Happiness

As Novotney stated, "Families main concern is how their wealth will affect their children. The way their children would be treated by others and stereotyped as rich kids or trust fund babies, they wondered if their children would know if people really loved them or their money, whether they'd know if their achievements were because of their own skills, knowledge and talent or because they have a lot of money (p. 24)." In this articles it shows how money can affect kids because of being rich; saying that kids will get bullied because they are rich and have nothing to worry about. This is a good example of why money isn't always good when it comes to families because yes, every parent want their children to be raised in an environment where they don't have to worry about anything, but this backfires on children. When little kids don't understand, they tend to ask questions, or become jealous just simple because they don't have what other kids have. 

Growing Up Rich: How it Shapes Identity

Besides the fact that rich children can have a chance of getting bullied or teased because of being rich, they can also have a hard time with their internal self. Being the target of jealousy can make kids not want to be rich; making them pretend to be someone that they are not. In Dayton article, she says that, "money can make it hard for kids to form a personal identity (para. 2)." She is saying that if kids are the target of jealousy, then they are not going to want to be who they really are, making them identify as someone they are not. If you can't identify yourself personal, then how are you going to know who you are; let alone other people know who you are. Therefore, if you do not know yourself on a personal level, then how do you know your purpose in life; in other word, how are you going to achieve in the world? Dayton also states that wealth can stop kids from striving for more in live (para. 5). She is saying that, being the fact that these children never had to work for anything in their life, they will always think everything will be handed to them; making them not strive to better themselves. Children like this, have no idea what normal really is because they grow up with no rules and no expectations.

  Dayton statement about children not striving to better themselves in life, answers the question that families had concerns about whether or not their children achievements were because of money or their talent stated in Novotney article. If children are not striving for more in their life because they have everything or the mentality that everything gets handed to them, then these certain accomplishments are not achieved by their skills or talent because they are not striving in life; meaning they didn't work for it, so it more than likely was handed to them. Some people would say that this is good because it makes children happy that they can get what they want without no worries, or achieve certain dreams without working for, but this isn't being considered as successful. This ties back to the claim of money playing a role in happiness, but this isn't a positive effect more of a negative effect on happiness.

The Nanny Diaries

Another example of how money have a negative effect on children would be the movie The Nanny Diary. In the scene where the family and the nanny was in the car driving to the child birthday party, the father was on a conference call, the mother was on her phone doing online shopping, and the child was crying because he didn't have his certain toy. This scene was significant to me because it clearly showed that the parents were too busy doing what they thought was more important than the child crying. Of course the nanny stops the car to go get the boy toy, but this also shows that this child had no expectations; in other words, the boy was spoiled. The father was working and the mother was doing God knows what, made it clear that they didn't have time for their child meaning they couldn't have had time to teach this child how to compromise or work for something. This would backlash on the boy when he gets other because he would not work for anything because his parent one, didn't give him the love he needed as a child, and two, didn't teach this boy to strive in life. If you notice, this connects back to what Dayton said about money making children not strive for better in life.