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Thanks for sharing Gus, it is good to keep the wealth in perspective and I'm happy to see that there are millionaires like you who know the dangers of spoiling kids. I am not rich yet but I already have plans to make my kids earn their own way so they know how to do it without me and are not spoiled brats.
One of the things I've been looking forward to when I'm wealthy is having a housecleaning service. My kids are 5 and 2, so I have to do all the cleaning now, but your post got me thinking... maybe I should just make more of an effort to teach them how to clean. They can learn some stuff, like dusting, washing with a wet cloth. They already help me with the laundry some. Then by the time I am wealthy they will be old enough to help out a lot!
I can also relate to Dan's story, I also look at big houses when I drive by and think "some day I will have a house like that." I also found that most kids my age couldn't relate to me, I was pretty lonely as a kid/teen. Now that I am 30 (and live in a big city) it is easier to find people I can relate to, but there are always a lot more who are on a different level.
Thanks for the great stories, keep them coming!
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Everyone has different goals and methods of raising their kids. I always tell my kids, the only thing in this world I want in life is to be able to send you guys to any colleges you want to go, have enough for retirements, and most importantly, is live in a clean house. Their response is why not hire a cleaning lady. I would love to do that but by doing that, I am rasing three spoiled kids. You deserve to live in a clean home and hire the cleaning team you have always dreamed of. It is a very small price to pay for your accomplishments and your road to success. I never, ever pick a kid up on any one of my exotic cars. It is my 120,000 mile pick up truck. Anyway good luck to you and would love to hear your story.