Why Rich Kids Are More Likely To Have Mental Health Problems

The Need For Love And Affection

In successful families, high-earning parents can lose sight of the emotional needs of their children. They may believe they can simply give their children the latest gadgets, jewellery, or sports cars to make them happy. However, luxury products are no replacement for quality time, love, and affection. As a result, rich kids of busy parents often turn to social media platforms to get the attention they need. They display their expensive lifestyles for the world to see but may not realize they can come across as lacking empathy. Puttnam notes that it is difficult for people with unlimited wealth to teach their children how to lead moderate lifestyles because they depend on money for joy and contentment. For them, life is all about throwing big parties and buying whatever they want.

The Link Between Parenting And Money

Experts have revealed that when teens constantly feel that their parents value success and career achievements over kindness and personal decency, they tend to show symptoms of anxiety and depression at an early age. These kids may feel like failures because of their high-achieving fathers and mothers who push them hard to succeed in life and make money. Furthermore, material advantage combined with parental pressure may result in miserable, confused, and disconnected kids. Although these children may appear privileged to others, the fear of not being able to fulfill parental expectations may make them hate themselves. Experts advise parents to avoid focusing on money exclusively and attempt to empathize with their children during daily activities.