Is your teenager displaying symptoms of rich kid-itis? Left untreated, this social disease can have financially catastrophic consequences for the children of wealthy people — but prevention is better than cure.
The early signs are a mild sense of entitlement and “hole in the pocket” syndrome. It might go a bit like this.
Child (making rare phone call): Hi. I need more money. Parent: But I loaded ￡50 on to your contactless card yesterday! Child: Yeah, but I spent it. Parent: Well, you should have made it last. Child: OK, I’ll just walk six miles home from Amelia’s house then.
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