Woe to be too rich…Alas this is a problem facing certain individuals (you all know who you are, no need for me to finger point you out-yet) who are not particularly adept at managing mommy and daddy’s bethroned gazillions. That said a new website has just come out to help you stay the course, assuming staying the course is still in your vocabulary….
Gawker: Are you a rich parent with a stupid kid? Fear not! There’s a new website to help your spawn understand how filthy rich they really are, and how to manage their trust fund before blowing it in Saint-Tropez. Let’s say Chet, your wonderfully absent minded child, didn’t do so well in his econ classes and he’s about to take control of his trust fund. You’re worried! But there’s help on the internet. The site, Tile Financial, is operated by former Bear Stearns and New York Stock Exchange executive Amy Butte and is partially funded by the government bailed-out Citigroup. She’s smart and knows money.
Golly kids, I’m frothing from the gills. A website that will teach all you rich brats from blowing all your money up your nose and all those over priced hotels and jet set cruises. Who could have thought of such an idea? Amy Butte that’s who and thankfully she’s as funny as they come which is always good to have up your sleeve when your plunking down on those $17 caffe lattes…and party favors.
The best part? This wealth of information can be had for a measly annual subscription fee of $150. And that’s not all. Tile Financial is also creating an alert system, so when your kids blow their monthly allowance too early you can get on their case a little, then flow them some more cash. And if you’re feeling generous, Tile can even help with (tax deductible) donations to poor people and charities.
An alert system? Wow, how clever. Could you imagine- ‘Claire you’re only allowed 23 baggies tonight, one more could set you off the rails.’ Mmh, that will save poor Claire from financially mutilating herself and then having to walk with her head down in society because she’s no longer rich and has to actually now get a paying gig. Bye Bye internship with Anna Wintour. Boo.
And tax deductible donations to poor people? Isn’t that a little out of the question Amy? Let the kids keep it and do with it as they will. Ahh the idea of rich kids never going broke is making our collective heads dizzy. Pass me that straw Claire!