Our founder and board chair Dennis Webb addressed an audience in Connecticut this past week hosted by the Family Office Association. The conference was designed for the benefit of high net-worth families, but Dennis addressed an issue that we should all consider, regardless of income level.
Whether we are wealthy or just getting by, it is quite typical that we as parents or perhaps grandparents, experienced struggles that our children have not. When parents or grandparents make the necessary sacrifices for education or to build wealth and security, the children and grandchildren are the beneficiaries without a full perspective of the efforts made on their behalf. Without dismissing the challenges of youth, many kids today live lives of relative ease, complete with cell phones, cars and laptops – sometimes failing to understand what it takes to be productive and independent or to act for the welfare of others. They are often spared the struggle and experience only the fruits.
A wise quote says, “We work so hard to give our children everything we didn’t have, that we sometimes forget to give them what we did have.” Dennis addressed this concept of instilling in our children the values that created the lives they now live. This includes a work ethic, a sense of caring and an ability to sacrifice for others. He spoke of personal experiences in taking his children on humanitarian aid missions and the differences in their lives as they experienced real need first-hand. As one of his then teen-aged sons said on a flight back from one such mission, “I had to go half way around the world to understand how blessed I am.”
There is hardly a parent who, in an effort to get a young child to finish their vegetables, has not used this line: “There are starving children who would love to have that food.” The fact is, there really are. About a third of all the children in the world would give anything for the leftovers we discard from our tables. Our children may know this, they may read about these things, but it is very easy to miss the point unless they have seen it first-hand.
The point is this: we have a great deal in this nation. Even if we are struggling at times, we are, relatively speaking, rich. I had the distinct privilege of spending some time with Marc Lubner, a gentleman and philanthropist in the truest sense of the word, from South Africa. As he so powerfully stated, “I have seen people in South Africa who are desperately poor, reach out to help others who are even poorer. That is their wealth; that is their method of coping – to reach out to another in even greater need.”
Wherever you may fall on the income spectrum, you and your children live better than most. We have so much, and while the current credit crunch may round some edges off of our self-indulgent society, we need to dig a little deeper and live with gratitude and awareness of those who have less. We need to teach this to our children so that we can have a hope of changing things. Not only is it the right thing to do, it is also the key to changing the circumstances of the less-fortunate. We would do well to teach our children that caring for others is less about “helping the poor” in the abstract, but more about our global community.
Lila Watson, part of an Australian Aboriginal group said (although she resists taking credit for a thought she claims was born of a collaborative process),
“If you have come to help me, you are wasting your time. But if you have come because your liberation is bound up with mine, the let us work together.”
An interesting thought as we approach the Thanksgiving season.