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Re: F.... Keeping up with the Jones's
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Originally Posted by mheisig
I think equally as criminal as the parents who blow the money on themselves without saving for college are the parents who rack up debt buying their kids toys and clothes. There seem to be parents who define their identity on how much they spend on their kid's entertainment, as if it's virtuous to go into debt to buy your kid an Xbox 360...
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Well said. And it's parenting like that which probably leads to so many young adults living well beyond their means and going into debt. If they grow up getting everything they want, they have a hard time refraining from buying everything they want when out on their own.
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