• People assume trust-fund babies are spoiled 20-somethings born with silver spoons - but they're not always who you think

    7 monthes ago - By Business Insider

    A trust fund is simply a fund that holds assets, like cash or investments, typically set up by a parent.
    Trust-fund babies , the recipients of that windfall, are often stereotyped as over-privileged, spoiled twenty-somethings with no responsibilities.
    While trust-fund babies may have the security of reliable income, some do not live lavishly or have the sense of superiority society assumes.
    Trust-fund babies - a group of over-privileged, spoiled, adult-children that people love to hate. At least, that's what society is led to believe.
    The trope goes something like this: While the world...
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