For the affluent, it might be wise to think about creating what’s known as a trust fund job. This strategy can enhance your status and keep you relevant, shielding against any potential judgments that you might be a non-contributor to society.
With age, I’ve come to understand that a number of people use trust fund jobs to simply fill their time. Initially, I looked down on these individuals. But I’ve shifted my perspective, recognizing this approach as a clever way for the wealthy to deflect unwanted attention, especially in a time where rapid fortunes are more common than ever.
Below, you’ll find my definition and examples of trust fund jobs, showing that these positions can indeed be meaningful.
What Is A Trust Fund Job?
I believe I’m the first to coin the term “trust fund job.” Here’s what it means:
A trust fund job is a role taken on that isn’t vital for survival. Its main goals are to deliver status, fulfillment, and a sense of purpose. It’s only considered negative if the individual has not earned their fortune or does nothing to aid others.
Among those with strong self-confidence, a trust fund job can be a tactic to seem more ordinary. A well-planned trust fund job helps the individual blend into society, a positive factor in an era of growing wealth disparity.
Examples of Trust Fund Jobs
Here are several examples to illustrate the concept:
- Boutique Clothing Store Owner: A story of a wealthy couple where the wife used a trust fund job to open a boutique store. It didn’t turn a profit but gave her joy and a sense of purpose.
- CEO of a Private Tech Company: An example of a person claiming to be the CEO of various tech firms, but without any real proof of success. His trust fund job provided status and a cover for his affluent lifestyle.
- Venture Capitalist: A position that can be a trust fund job if one gets into it after a successful exit from a company or by calling oneself an angel investor. The status can last for years before any real success or failure is visible.
- Author/Writer: Even being an author can be a trust fund job if one already has enough income. It provides prestige and an extended time to prove oneself.
- Consultant: Starting a consultancy can sometimes be a trust fund job, providing a sense of legitimacy even if the actual work remains unclear.
- Grade School Coach: This role offers respect and satisfaction from helping children, making it an honorable trust fund job.
- Real Estate Investor: Being an investor in real estate can be considered a trust fund job, as it can include various hands-on tasks or even entirely hands-off investments. It’s a way to stay relevant in social situations.
The Role of Trust Fund Jobs in Society
The idea of trust fund jobs goes beyond mere employment; it’s about finding a purpose. Many who achieve wealth find themselves lacking relevance. Trust fund jobs can fill that void, providing happiness and a sense of contribution.
As one’s wealth and age grow, encountering others with trust fund jobs becomes more common. Instead of judgment, these individuals should be appreciated for their efforts to stay engaged in a world that could otherwise overlook them.