Understand the phrase often implies unrealistic expectations, not guaranteed success.

Realistic Hopes

Remember the phrase is metaphorical; streets aren't really gold-covered.

Not Literal

Recognize it's often related to the American Dream or similar cultural concepts.

Use it when discussing dreams that don't acknowledge real-life difficulties.

Alerts to the possibility of disappointment when facing harsh realities.

Parents use it to temper children's over-enthusiastic expectations.