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And yet, its something normalized for many parents.
For instance, Ive advised clients who hadmultiple luxury vehiclesfor their teenage children, Klesinger recounted.
Below are more signs youre spoiling your kids andjeopardizing your long-term future security.
He said this mindset, where you assume Ill help them out if needed, can drain your savings.
Instead, prioritize building your own safety net while helping them build theirs, Garcia explained.
This quiet peer pressure can eat into your future funds, with little long-term value for your childs well-being.
It was a rewarding turnaround, reinforcing the importance of balancingimmediate family expenseswith long-term goals.
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