Parenting and millionaire kids Chinaman Malaysian style
Pic courtesy of www.dorsetforyou.com/index.jsp?articleid=369276
Character : Male, millionaire parent
I don’t believe in indulging my kids. 13 and below I give them Rm30.00 a month. 18 and below Rm50.00. They spend it anyway they like. If they need anything else, they have to come find me.
There is no such nonsense as staying away from the home except for school sponsored events. I insist on meeting their close friends. I don’t mind their friends’ social status but I must approve of their behavior and values. They must also be good academically. Otherwise my naughty kids will get worse.
They can be headstrong sometimes. After form 6, if they want to work they can work. I let my eldest work as a promoter in a supermarket. She had to stand for long hours. She resigned after three days. She is now studying in Kuala Lumpur. Education is everything.
My son wanted a car. I bought him a second hand Proton as I think riding a bike can be dangerous. He was mad. He wanted either a Toyota Camry or a Toyota Vios. I told him to take it or leave it. I told him to get a job. He found a job washing cars. He got all tanned and dirty. He now knows the value of money. He is studying in a local university. It is important kids know the value of money. If we spoil them, it is a sin. We must prepare them for life.
When I go, my money goes to them anyway. They just have to wait. To me, God should be the head of the house. I insist on them going to church. Money is just a tool to purchase stuff. I don’t want them to get the wrong ideas just because I have worked hard and accumulated money.
It is after all my money 
Not theirs. My third refused to work or go for further studies. He kept delaying making a decision. Two months after finishing STP I gave him a bill for rent and food he consumed. He woke up fast. I am now looking for a place for him to continue his studies. This kid is not good in his studies. I have to plan something for him. He is smart but so lazy.
My tip to you Beng : good parenting is important at all ages and especially between the ages of 13 to 20. After that, if the foundation you lay is good, there shouldn’t be any problem. As for life partner, I will be very careful. I don’t believe in love but good moral character. I have the resources to let them lead a reasonably comfortable life or lead them on a road to a reasonable life’s journey. I was willing to help out a guy who wanted my daughter. He was too proud. I respect him for that. I approve of their relationship now.
Bengbeng | Parenting, interesting characters
Good advice indeed.. *taking notes*
I like the story about getting billed for staying at home. Hahaha.
13 to 20 only? You haven’t seen the really spoilt kid yet. Only 7, and the boy got a whole floor-to-ceiling collection of LEGO!
And the kid still had the cheek to ask for a handphone from his dad! He saw my Transformers and asked his dad to buy them for him but unfortunately they are not in the market anymore! Bwahahahhahah!!!
And the dad also one kind one, thinking of buying a PSP for the kid summore! Haiyoyo! Too much money is it? Give me lar! I also want Lego ler.
But collecting rent from the 3rd kid is really cool. At least that can get him to do something. Good idea. Hahahahahhaha!!!
How do I know I’m not spoil…I guess I’m not. I’m a good child raised with self control…
I agree with him. I give my kids so much a month when they were schooling. That is the money they use as they like but we still make sure we buy their clothes, shoes, necessities.
eh..you’re talking about yourself issit? mr. millionaire parent!
wuching The conversation took place about 2 hours before I wrote and posted this post.
“It is after all my money”, lol.
but his decision to let his kid work is a good one. i’ve met other not-so-millionare rich man who refuse to let their kids apply for part-time job (after spm); cause he don’t want people to think that he don’t have enough money to support them.
good one, beng! can fix appointment to meet this parent, ah??
More to life than money.
I’ve seen parents that say, “OK, here’s 10 million in the bank, kept safe, and will be yours when you turn 18″
Start young is not teenagers IMHO, more like baby. You’d be surprised how much a baby can learn and develop…