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Home The Curse and Blessing of Being a Trust Fund Baby: Lessons in Life, Love, and Financial Stability

The Curse and Blessing of Being a Trust Fund Baby: Lessons in Life, Love, and Financial Stability

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I never thought it would happen to me. I always thought I was different. I was a trust fund baby, born with a silver spoon in my mouth. I never had to worry about money. My parents always took care of everything. But now, they’ve cut me off.

As a trust fund baby, I was accustomed to a comfortable life. My parents provided for my every need, and my bank account was always well-stocked. However, I used to argue with my dad that money was the least important thing in this world. What mattered more was love, compassion, kindness, and inner peace. I insisted that I would be happier living a minimalist life in a small cabin in the woods, instead of working a full-time job like most middle-class individuals.

For almost a decade after I dropped out of graduate school, I basked in the California sun, doing what I loved, spending time with hand-picked friends. I was constantly living my best life, taking in all the different vibes So-Cal had to offer. From the enchanting Catalina Island to the glamorous Santa Barbara, I found myself unwinding and rejuvenating in the midst of picturesque scenery, soothing waves, and warm sunsets. I was always on the move, exploring new places, and mingling with fresh faces. The idea of having a nine to five job or a hefty bank account was the last thing on my mind. Every time my father brought up the subject of my future, our conversations inevitably escalated into heated arguments about whether money was the key to happiness.

However, all of that changed when my parents decided to cut me off. They wanted me to taste the real world, learn life lessons from experience, and build my own life from scratch. I was almost 40 years old, and I found myself living a life I never could have imagined. I had to make some tough decisions, such as what to do with my finances and how to support myself.

At first, I struggled. My bank accounts quickly dwindled, leaving me in a precarious financial position. I had to take some steps that were out of my comfort zone. One of those steps was taking on jobs at my friends' businesses. It was not easy to go from being a trust fund baby to working as a regular middle class worker, but I knew that I had to do what it takes to survive.

Working those jobs not only helped me earn some money, but it also gave me a sense of purpose and direction. I learned new skills and met new people, and it was humbling to see life from a different perspective. It was a reminder that hard work, no matter how small or insignificant it may seem, is always admirable.

Being a trust fund baby was a blessing and a curse. While it provided me with financial stability, it also hindered my ability to become independent and learn important life lessons. It was a challenging time, I needed to work hard and create a new plan for my future. I had to come up with a strategy for making money, creating a budget, and sticking to it. Building a new life from scratch is a process, and it takes time and effort. It's important to take small steps and celebrate every victory, no matter how small it may seem.

With hard work, determination, and the support of my friends, I was able to create a new life for myself. It is the people in my life the most valuable asset I have. The friends who stood by me during the tough times were worth more than any amount of money. They supported me, encouraged me, and helped me get back on my feet.

Now when I look back, I realized that my dad was right, to an extent. While love, compassion, kindness, and inner peace are what make life worth living, financial stability provides a sense of security and allows us to pursue the things that matter to us most. It enables us to give back to our communities, support our loved ones, and create a life of purpose and meaning.

If you find yourself in a similar situation, know that it’s certainly not the end of the world, and it's never too late to start over. Here are a few things you can do to get back on track:

1. Create a budget: It's essential to create a budget and stick to it. This will help you stay on top of your expenses and prevent you from overspending.

2. Find a job: Even if you're not interested in a traditional career, finding a job is essential to make ends meet. Consider working in a field that aligns with your passions and interests.

3. Build a support system: Surround yourself with people who support you and encourage you to pursue your dreams. They will be there for you during the tough times and help you celebrate your successes.

4. Be grateful: Gratitude is essential in life. Be thankful for what you have, and focus on the positive aspects of your life. It will help you maintain a positive outlook and find joy in the little things.

Remember that your value as a person is not determined by your bank account or your material possessions. It's about the people we love, the experiences we have, and the impact we make in the world. We may stumble and fall along the way, but it's how we rise from those falls that truly matters. It's never too late to create a new path for yourself and pursue your dreams. Life is unpredictable, and we all face unexpected challenges. It is how we handle them that defines us. Take a deep breath, pick yourself up, and keep moving forward. The best is yet to come.

The Curse and Blessing of Being a Trust Fund Baby: Lessons in Life, Love, and Financial Stability
Feiran Liu