The Myth of the Silver Spoon : Navigating Family Wealth and Creating an Impactful Life

The next generation within wealthy families are often said to be born with a silver spoon in their mouths. Perceived as free from life’s toughest challenges. “Having it all.” But being raised in affluence brings a unique set of pressures and hidden tripwires. Great wealth casts a long shadow. Inheritors commonly face intense familial expectations, public scrutiny and judgment, and confusing or debilitating self-narratives, under which many flounder. And we—as family, friends, and society—slowly lose their contribution to our lives and the common good. __The Myth of the Silver Spoon__ helps guide the next gen of the affluent, their families, and the ecosystem of professionals who influence them—wealth advisors, estate attorneys, tax attorneys, philanthropic advisors, family office professionals, and career coaches—to identify and confront negative thinking and behaviors related to wealth. Through new research, meaningful storytelling, and actionable concepts, Kristin Keffeler—an expert advisor, consultant, and certified professional coach to high-net-worth families—helps readers clear the internal and external clutter from their paths that accumulates from growing up with wealth. She shows readers how to: - Put words to their difficulties and dismantle the hidden tripwires of affluence - Address challenges at their root, including when raising children of their own, instilling guardrails against entitlement and feelings of helplessness - Identify structures for finding and sustaining one’s own vision of a fulfilling, impactful life Privately held wealth has great potential to benefit society. But only if it is held by people able and willing to do good with it. Whether you’re a rising gen yourself or gifting this to a client, __The Myth of Silver Spoon__ offers a compassionate discussion and a seven-step process for connecting a rising gen’s innate strengths to the embers of their hopes, so that they can move forward creating thriving and impactful lives. "The next generation within wealthy families know they have won the "birth lottery." Nevertheless, they have many hidden tripwires and challenges in their lives. Common are reoccurring fears of failure, feelings of isolation and disconnection from their peers, a lack of motivation, and the heavy burden of worry that they'll never measure up--or worse, that they can't be sure who they are or what they want from life beyond the weighty identity of being a member of an affluent family. Great wealth casts a long shadow. Aware of the abundant benefits affluence brings, these next gens worry it's selfish, frivolous, or too privileged to admit their struggles. With few outlets or means for them to put voice to these issues, their challenges easily turn into debilitating self-narratives. This keeps them from experiencing the freedom of their own identity and the power of their ideas. As individuals, they flounder and slowly lose their chance at a happy, meaningful life; and we--as families, friends, and society--lose the benefits of their contribution to the common good"-- Provided by publisher