WealthyFamiliesOldMoney

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= __**$ Wealthy Families $**__ = =__ **"Old Money"** __=
 * **Description** || **~Old money is used to describe wealthy families who have been wealthy for generations. With old money wealth, money and wealth has been passed down to them through many generations. This is usually money that did not have to be worked for by the wealthy.** ||
 * **Common Problems** || **~Some problems of old money wealthy families are**
 * **bullying by parents**
 * **spoiled children**
 * **parents seldom available because of job**
 * **students may have most expensive supplies**
 * **students believe they don't need education because parents have money** ||
 * **Parents** || **These parents will have negative and positive effects on your classroom and the school.

~Wealthy parents may be hard to deal with. ~They may use money in order to threaten law suits and other things onto teachers. ~These parents may also buy their children whatever they ask for, because they have the money to do so.** ~**Might be hard to meet with these parents for conferences ~These parents might be the schools biggest donators** || ~Students may have "better," and more expensive materials than other students**. ~**These students may also have great money mangagement skills** ||
 * **Students** || **~Children of wealth are usually thought of as being happy and well adjusted, however recent research has shown that this is not necessarily the case.
 * ~Students may think that education is unimportant because they know that their family has money.**
 * **Teachers** || **Teachers will need to be sure to understand that not all families have money. Those who are considered wealthy may act differently, and teachers will have to be sure to have patience and treat them like the rest of the students in the class. They should not get any special treatment.

~Teacher's need to teach all children how to manage money. This will help all students without putting an emphasis on the children with money. ~Teachers will also need to remember that these parents may be under more stress and that their children may be searching for attention in the classroom.** ||

Sources: [|Bullying Parents] [|Psychological Costs of Material Wealth] [|Definition of Old Money]