Originally Posted by BrianMSmith

The challenge for parents now, at least the well educated professional ones, is how to raise our children in an age of unprecedented privelage and wealth, with so many choices to make, to appreciate the finer things in life and the skill, discipline, commitment, and long term effort it has taken us to get here, across multiple generations.

Most of us raise our children at a lifestyle level they cannot hope to support themeselves until they are 30ish, and that's if they have a lot of talent, discipline, and do the hard work.

Which is why the children don't launch until age 25 or 30 nowadays....

and depending on how you look at it, either way, the last ten years of "DUMB CREDIT" are over, which has largely been financing the over abundant and unsustainable lifestyles of the majority.