Splashing the Cash
It’s critical to instill in your children a responsible attitude toward money from an early age. In order to support their extravagant lifestyle, these parents regularly went into debt to fund a lifestyle that they could not afford. Its really difficult to deal with life when your parents land you in tons of difficulties.
This type of financial uncertainty can result in very unstable environments for children to grow up in, which can be detrimental to their development. The Reddit user grew up and persuaded their parents to file for bankruptcy, only for their parents to finance two cars at exorbitant interest rates as a result. Some people never learn their lessons..