My daughter(18) will be leaving for her freshman year of college next week, while my son (16) will be entering his junior year of high school next week. We live in a very affluent suburb of Los Angeles. I am not a multi millionaire like many others in our neighborhood but we have been comfortably upper middle class since my wife became pregnant with our daughter. We have afforded our children with basically every privilege they could ever want, and quite frankly, I'm starting to regret it.
Overall they're good kids (decent grades, lots of friends, generally well mannered). But they have a completely warped sense of reality. They are extremely entitled and expect to receive everything they ask for, no mater the cost. Even getting them to perform simple chores around the house has always been a battle. Despite being punished, they often break curfew on the weekend and keep us up half the night waiting for them to come home. The parents of their friends regularly allow the kids to host parties where huge amounts of alcohol is served. At times, they have both come home heavily intoxicated. I have also caught my son and his friends smoking marijuana in his room. TO TOP IT ALL OFF, I recently came home from a run to find my son having sex with his girlfriend in MY car. My wife and I have spent a ridiculous amount of money on their concert and music festival tickets, not to mention private school educations for both of them.
To sum it up, my kids feel that since they do fairly well in school and have never been in serious trouble, they are deserve whatever they want. Don't get me wrong, I love em and they're not bad kids but I feel that giving them everything they wanted throughout childhood was a big mistake. They don't truly know what it means to work hard. I plan to pay for their undergraduate college educations but beyond that I'm really not sure what else to do. They're just too damn old to change anything at this point...