Originally Posted by impolyt_one
what if the parents were ballin' though?
No doubt a case-by-case thing, but ballin' parents footing the bill for any and all of their child's expenses could have wildly different results even if intent is the same.
The child may reward their parents' generosity of paying for everything, necessities or otherwise, by kicking ass in school, which theoretically leads to a good job that will enable them to fully support themselves financially.
On the other side of the coin, the kid may exploit the parents' willingness to pick up the tab for everything and just sort of coast along, becoming a slacker-ass adult who's still "balling" well into his or her 20's because mom and dad are paying the credit card bill.
I've witnessed both and it's difficult to predict how each kid is going to respond to that sort of treatment. I know quite a few good people who are in their late 20's / early 30's who are still financially relying on their parents.