I do agree with the statement that children who come from families that do not have large amounts of money are more likely to be better prepared for life’s problems than children of wealthy parents.
While unfortunate, children who are born into economically-poor families are exposed to the realities of work, money, and life. They learn the value and importance of money because they lack it. This can be in ways such as giving up luxurious items or their ‘wants’ for their ‘needs’. However, they might have felt ‘robbed’ of their childhood since they have to always think about their financial situation, while other children didn’t need to because they have the finer things in life.
In contrast, children of wealthy families are given opportunities and luxuries on a silver platter. They do not know the value of hard-earned money since they have so much of it. With that, they do not get an advantage at adult-life. Yes, money, nepotism, and connections are helpful, but these children will grow into adults who can’t work, save, or hustle, because never in their lives did they have to do it.
This makes children of low-income families better prepared for adult-life. Because of the lack of income from their parents, these children take in jobs during the weekend or summer for extra money just to put food on the table. With all that experience and exposure to hardship, they are molded into a character of grit, perseverance, discipline, and motivation to improve their economic status. With that, they are equipped with the necessary skills to survive adulthood.
To sum up, children who are brought up in poor families have the skills and motivation to climb up the economic ladder, and be better prepared for adult-life, rather than children of wealthy families.