If You Think Your Children Need More, Think Again
April 12, 2012 by Richard Watts
Filed under Ask the Expert
How much is too much to give your children? Consider this: for everything you give, you are taking something away. This applies to buying your teenager a new car, giving them a down payment on a home, or leaving them $100,000 when you die. The typical parent, at all income levels, imbibes the fiction that it is his or her responsibility to take away the struggle in their children’s lives. When parents assist their children frequently, it dulls the character, integrity, work ethic and socialization skills their children need to become responsible adults. The responsible and intentional parent makes an effort to contemplate, discuss and if possible, determine what life lessons will be missed if financial support or a gift is given.
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