a parent’s day on the block.
So how do parents and kids differ in their willingness to invest in their children’s education, even in the face of significant barriers to that investment? The answer is that they do differ. Parents and kids differ in their willingness to invest in their children’s education because they’re different in their own ways. Parents’ willingness to invest in their kids’ education is because they are more invested in their children’s financial well-being, even when that investment requires sacrifices that are difficult to justify.
It is possible that parents and kids differ in their ability to invest in their childrens education because our parents and our siblings differ in how they value their own. The law of increasing opportunity costs states that as different people face the same barrier to investing in their childrens education, their willingness to do so will increase. One way that parents and kids differ from each other is that theyre more or less risk-averse.
Of course, everyone has their own risk tolerances. For most families we will likely invest in our kids more than our parents or siblings, but we will also be a lot more risk averse. And in the world of high-investment parents with high-risk children, we can imagine that there will be some level of financial risk in their lives, just like there may be some level of risk in our lives.
We can imagine that the parents of our kids might be more risk-averse than the parents of our siblings. Because they are more responsible and less risk-averse. But that doesn’t mean that they will be as risk averse as we are. Because it’s not just the amount of money that counts. It’s also the amount of risk that’s involved in the investment.
We can imagine that there will also be some level of financial risk in our lives as well. Because, as we all know, there will also be some level of risk in the life of someone else. So if we want our children to be more responsible and less risk-averse, we have to do something to reduce the financial risk in their lives.
That is to say that there is a certain amount of financial risk in our lives. But this is also the same risk as we take in our lives. The amount of money we have in our bank account determines our level of financial risk. As you can see from the equation, it is the amount of money in our bank account that determines the amount of financial risk we take in our lives. We can imagine that there will also be an amount of financial risk in the life of someone else.
You can think of a number of ways the financial risk in your life increases as we grow older. But one of the most common ones is we will have more money. So if we make more money, we will have more financial risk to take. The problem with this is that since we have more money, it means we have less money in our bank account. This will lower our level of financial risk.