Wednesday, May 7, 2008

On Spoiled Kids and Trust Fund Kids

When I become a parent, I do not have any plans on spoiling my kids.

I have seen what happens with overly spoiled kids. The only way I will spoil my kids is sending them to good schools, and helping them open their eyes to the world by taking them to various countries in the world.

Sure I'll pay for college but you better believe they will have to work for their spending money, and you better believe there's no moving back in home with Mom and Dad two weeks after graduation.

A lot of trust fund kids too don't always do so well from what I hear.

When I lived in New York a friend of mine observed a peculiar phenomenon. He said a lot of the trust fund kids, once they finished up school waited for "the perfect job" something that would probably more fitting with their ego and the expectations of their wealthy parents.

What would usually end up happening is they would literally wait for the "perfect job" that would stroke their ego and their parents ego only to twiddle their thumbs and usually not do much with their lives.

How true of trust fund kids this is, I don't know. But what I do know is that people respond to incentives. And sometimes you gotta turn up the heat to get people to really change.