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My son is 15 years old and ever since he was 10 he has been getting $60 into his checking account from my husband. He started stock trading last year and is very successful but him and his money have become a problem lately. We can no longer punish him because if we take his phone he will buy a new one from online with his money (he has $20,000). For his 15th birthday we bought him a new car and when he turns 16 he will be able to drive his car anywhere and we cant stop him, he even bought a wheel lock and he has the keys in his safe. Last week we took away his laptop because he cussed out his friends dad and he had another laptop sent to the Amazon Locker at the Whole Foods next to our house and he keeps it in his safe. We are worried he we cant stop him. Even if we closed his bank account and brokerage account he still has 4000 dollars in his safe. Has anyone's kids ever been like this?
My son is 15 years old and ever since he was 10 he has been getting $60 into his checking account from my husband. He started stock trading last year and is very successful but him and his money have become a problem lately. We can no longer punish him because if we take his phone he will buy a new one from online with his money (he has $20,000). For his 15th birthday we bought him a new car and when he turns 16 he will be able to drive his car anywhere and we cant stop him, he even bought a wheel lock and he has the keys in his safe. Last week we took away his laptop because he cussed out his friends dad and he had another laptop sent to the Amazon Locker at the Whole Foods next to our house and he keeps it in his safe. We are worried he we cant stop him. Even if we closed his bank account and brokerage account he still has 4000 dollars in his safe. Has anyone's kids ever been like this?
You got yourselves into this mess. You can't figure a way out?
How did he open a trading account? Let me guess ...
Then shut it down. The car and insurance must be in your name too; take it back. Why is this so hard?
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