Yes, but it’s not an absolute rule. There are kids that have had it easy that still turn out alright. I think it has more to do with the parenting. My best friend down here in OC grew up with a dad that owns a very successful small business. He has a million dollar yacht, fairly nice house, nice stuff, but he is BY FAR the hardest working, honest, appreciative person I’ve ever met.
It’s not about the money. It’s about the parenting. And the parenting of the kids that your kid hangs out with.