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Old 05-17-2019, 05:49 PM
 
1,096 posts, read 1,046,941 times
Reputation: 1745

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He's a minor. You have legal control over things like his money.

If he won the lottery, you control it until he's an adult.

 
Old 05-17-2019, 06:09 PM
 
7,336 posts, read 4,127,994 times
Reputation: 16804
Quote:
Originally Posted by Cincylover4 View Post
Okay, and? As i have already stated, Laissez-faire parenting works the best with high IQ teenagers.
My kid went through private high school's honor program. He finished college with honors. He is about to go into a prestigious graduate program. Really, I know about high IQ teenagers.

In fact, laissez faire parenting frequently produces self-centered children unable to handle criticism.

If your son does not respect your and your rules, you are handicapping him.

One day, he will have a demanding boss. This boss will expect your son to respect him and his rules. It will be a new experience for him. Hope he is a fast learner.

So tell me what he has done for charities and other people?

Quote:
Then why did u start the thread & say his $$ is becoming a problem?

If everything is great, why are u here?
Why you are distanced from him?
 
Old 05-17-2019, 06:11 PM
 
12,022 posts, read 11,568,432 times
Reputation: 11136
Quote:
Originally Posted by Cincylover4 View Post
Really, because i think stock trading, politics, ect are deferentially not typical teen things.
I would not consider how most adults discuss or argue politics or events in the context of politics to be particularly adult. The topics have been highly condensed into a few talking points without consideration of both sides of an issue.
 
Old 05-17-2019, 06:40 PM
Status: "I don't understand. But I don't care, so it works out." (set 6 days ago)
 
35,628 posts, read 17,953,728 times
Reputation: 50645
This thread is confusing. You start out wondering how you can punish him and are lamenting how hard it is to think of ways to do that.

Then you go on to say he's a great kid, apparently his worst behavior was cussing out a friend's dad who took his property, and he's an A student and not a behavior problem, and also very savvy with money.

I'm not sure at all why you bought him a car - with 20K to his name, he could have bought one himself.

Otherwise, I say get out of his way. He's doing great and he may be the next Michael Dell or Steve Jobs.
 
Old 05-17-2019, 06:58 PM
 
Location: Florida
3,133 posts, read 2,256,609 times
Reputation: 9171
Quote:
Originally Posted by carnivalday View Post
Then shut it down. The car and insurance must be in your name too; take it back. Why is this so hard?
Exactly! Who is the parent here? This kid may be a whiz at financial things, but apparently knows nothing of respect and gratitude. Time for a lesson, don’t you think?
 
Old 05-17-2019, 07:03 PM
 
4,713 posts, read 3,471,169 times
Reputation: 6304
Quote:
Originally Posted by Cincylover4 View Post
How is he not playing by the rules? His friends dad is an ass and i condone him for it.
You just gave yourself away...
 
Old 05-17-2019, 07:11 PM
 
Location: State of Transition
102,210 posts, read 107,859,557 times
Reputation: 116138
He sounds brilliant, and insufficiently challenged. Have you arranged for him to take college class4es, while in high school? If not, you should. Talk to the school counselor.

It's odd that you gave him a car at 15, then you complain about him behaving like an adult. In any case, get some counseling on how to parent this special case child.
 
Old 05-17-2019, 07:15 PM
Status: "I don't understand. But I don't care, so it works out." (set 6 days ago)
 
35,628 posts, read 17,953,728 times
Reputation: 50645
Quote:
Originally Posted by Ron61 View Post
Exactly! Who is the parent here? This kid may be a whiz at financial things, but apparently knows nothing of respect and gratitude. Time for a lesson, don’t you think?
I do agree this is confusing, but what makes you think he has no respect and gratitude?

I'm not sure respect is appropriate for someone else's dad who took his property.

And how much gratitude is appropriate, if you can basically make your own way at 15 years old?
 
Old 05-17-2019, 07:16 PM
 
Location: State of Transition
102,210 posts, read 107,859,557 times
Reputation: 116138
Quote:
Originally Posted by Cincylover4 View Post
But why would I cancel his bank account? Plenty of kids have bank accounts.
Let him keep it, but tell him he has to pay for his own college education. That way, he won't go on some weird spending spree (in theory). Unless he decides he doesn't need college.
 
Old 05-17-2019, 07:17 PM
 
Location: State of Transition
102,210 posts, read 107,859,557 times
Reputation: 116138
Quote:
Originally Posted by Cincylover4 View Post
But really he is not that bad, he never gets in trouble at school, he doesn't do drugs or vape and is an all A student, my question was have you ever met a teen who acts like an adult
He never gets in trouble? He had his phone taken away by someone else's dad. Sounds like he got into some trouble, there. Not legal trouble, but still...
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