| 21 February 2012
You may have seen the Youtube video of a North Carolina father who emptied 9 rounds from his Colt 45 pistol into his daughter’s laptop to teach her a lesson. If you watch the video, you will see that the father is upset with his 15 year old daughter because she posted a lengthy critique of her parents on Facebook.
While this father may have gone too far in the way he was trying to teach his daughter a lesson, I think there is a more indirect message in this video and that has to do with how many children in this country are pretty much spoiled and expect a lot of from their parents and in many cases, this continues into adulthood.
At dinner the other night, another financial advisor and I were discussing this video and how we have seen 60 – 80 year old parents, putting their own retirement in jeopardy to enable their adult children to live a lifestyle well above their own means. Don’t do it!
The video is 8 minutes (and contains some cursing), to watch click here.