Topic: Parents And Their Children In Gambling.. - page 16. (Read 9203 times)

^This is how the way responsible parenting is.
I like the Chinese culture, and the way they teach their child, they teach them to be independent at a young age and have a mindset of being a businessman in the future. That is right, usually, our child imitates on us what they saw. It is expected that it was the same scenario with Marcus the son of Michael Jordan, from the start he spoiled it in a bad habit and tolerate it even though they know it is wrong because they thought they have a lot of money as long as their son were happy of what he did.

Sometimes parenting could really be that too loose which would really be resulting into this where their kids would really be having that kind of behavior which i dont see for it to be appealing as a parent.
When there's too much money then we know on what are the things that they could possibly deal off with and that what makes things more harder to be stopped when it is already become a habit.
As a parent then it would really be your responsibility on how you would really be able to handle and making your kids be aware on how things on this world should really work
and the most sensible and ethical ways on spending up money or treating up something in relation to that.

 The best way to teach,is living by example i.e the way you do things matters a lot in your life because your kids are always there to watch what you are doing,to them they will believe that it is right. Jordan put his son Marcus into that lavishing lifestyle because his son is imitating his father. Marcus might think it is the right thing he is doing. I will want my child not to even gamble at all so I will encourage him not the risk in gambling by using myself as a case study to him.

I think it only makes them important in their own eyes, that's all. In the eyes of the public they are not heroes, well, in the eyes of the knowledgeable public, anyway. And who wants to be a hero, a role model, in the eyes of the fools? Being a big spender you can only attract crooks of all kinds, and they will be milking you till you are broke.

It's only in crappy movies big spenders have that respect of others around. In reality they look pitiful.

Explain it to your kids as soon as they can grasp it.

slowly but surely when they grow up, my gambling activities will definitely be known to them but I have prepared myself when that happens, for now, I am more focused on educating them properly and being responsible for their daily needs. children are very fast in imitating whatever their parents do, their brains are still developing actively so try to keep gambling activities hidden whatever happens.

Gambling isn't always bad when it's done with a certain limit and awareness of self-control, what's bad is being a gambling addict who is weak to their own emotional regulation, and my future children will have to become people who are fully aware and responsible over themselves.

When you have extra money and you are not taught to spend money wisely or have not experienced how to work for every penny, you will spend on luxury items and things that can make you happy and make you feel good or express yourself to make yourself important in the eyes of the public that's what big spenders and compulsive gamblers are doing, they think themselves as a privilege one and don't take a look at the other side of the world where people are deprived and work really hard to earn a few pennies.

But it may be for third world people but it is not a big problem for people living in first world. As you think. If you don't practice responsible gambling, you can lose everything in the hope of gaining more. And such examples are not less in the world. Here the father is financially well-established but when the son is also associated with it, the risk of losing money can increase.

Money is not a problem with father and son, and this makes them spend big on gambling. Micheal is the richest NBA player so his spending/loss on gambling won't hurt him. When we talk of being responsible, Marcus Jordan good player amongst MJ's sons. Marcus owns the company Trophy Room and he's good in business. In my understanding, as money is not a big thing for them, they get entertained out of it and they're responsible in their way.

We don't know if the father (Michael Jordan) failed to educate his son or something else but what is clear, both are rich people who have no financial problems.
But the father should be able to educate his son well and teach him to use his money for good things and provide a good future.
We as parents should also be able to do for the good of our children so that their lives can be better than ours.
And giving or teaching responsibility to our children will be able to educate them to act good and right.

Dont know on why someone would be saying or telling that gambling could have benefits? Yes, it could bring up some entertainment and leisure but of course it would really be costing you some money.

Its not bad to make yourself engage with gambling as long you do have that control and not on spending like there's no tomorrow.For some people specially who do have lots of money will eventually be forgetting

this stuff.They dont really care on how they would be spending up their money as long they do have source of income or huge savings then they wouldn't mind after all.

Perhaps Michael Jordan had a nervous period in those days. You judge him and you don't know how he felt when he lost 5 million. Gambling can be a remedy for negative thoughts. Gambling is created to entertain people, that's what most people think. I think Michael Jordan lost a lot of money to get away from the negativity. But he chose a very bad way.

Gambling is something that is not important to teach to our kids. Sure it has some benefits like you can earn money in it but it's not guaranteed. Better if we teach our kids something which can they use to earn a stable income to secure their future.

Aside from the potential profit, gambling can also provide entertainment so it's not wrong if a person can get involved with it mainly for this purpose but they still must have a limitation since anything that is too much is still not good. You can teach your kids in gambling once they hit their right age. If we have discipline in other things then why not in gambling? It only becomes hard once we are already addicted to it so the goal is to prevent that from happening.

Not quite new because if the children see their parents activity most of the time they think it is right so it is good the guidance will comes first in the house so by that they are aware about the things they are doing in the family, also it is not good and appropriate to show the gambling addiction to the children because at the very young age they will think it is right so guidance with their parents is a must to make sure they didn't go in the wrong path of decision making.

Very well written, I fully agree with you. As a parent it's much better to raise our children to make their own decision instead of us making the decisions for them. As a minor gambling is illegal and parents need to enforce that law. But instead of only banning gambling and telling them it's not allowed, it's better to try and make them understand why it's not good for them. Especially when we are gambling ourselves, we need to try and teach them why they are not ready yet to take risks oh gambling. Teaching our children the tools to evaluate risks and understand the risks before taking them are viable lessons that will help later in life. In good thing is to make out children work during summer holidays, this will teach them how hard it is to earn money. And if they really want to gamble they should do it with their own money, this needs to be supervised of course. When our kids are 16-17 we could try gambling together to give them a feeling for it. So far all the kids in my family are still very young abf don't ask question yet. Once they become older we need to deal with that issue.

Educating our children who are at their right age about gambling and finances, in general, is really essential. Personally speaking, I would love to bring awareness to my child about the pros and cons of gambling. I have this perception that it's better to teach them those things that might harm them inside our home instead of them finding about it on their own or from their peers or in internet out of curiosity and exploration. Once your son/daughter have the mental capacity to grasp the knowledge and concept about something, it's good to introduce it to them even little by little.

Giving your kids a simple analogy and explanation about what gambling might do to their lives might change the way how they will view and use it the moment they are on the right age to decide on their own. Imparting them the benefits of gambling once done right as well as the repercussions that come along with it if they do it excessively and beyond their limitations will help shape their principles and beliefs. If the foundation of knowledge about doing something is instilled right in their minds, surely, they won't be lost.

I believe right parenting by guiding your child in decision making and instilling the values in them will help them grow maturely. Although it's proven that peer influence and societal standards also play a role. But the two aforementioned external factor won't really impact them much if they have a strong core value founded in them.

But in op's example that is not the case. The father (Michael Jordan) failed to discipline his son and let him gamble and spent huge money in gambling. Yes they're well off people and can do what they want. The father also gamble but he's already matured to know what's right or wrong, thus his child's action just shows what kind of father he is. Parents are supposed to be the ones to teach and guide their children because it's our responsibility. It's really true that our style of parenting affects our kid's behavior.

If the father of a family is gambling then no doubt the child will also learn gambling because children always follow others especially father, mother, friends and others who are there. If the father cannot control his child from childhood, he will never be obedient to his father when he grows up. Where a father talks about his gambling openly, it is only natural that his child will move faster than he does today or tomorrow. So I think it is necessary to utilize this period for his minor. It is the father's responsibility to make him an honest person especially from his moral point of view. When he becomes an adult he will have the ability to understand good and evil.

I don't think any parent wants to see their children get into gambling, spend a lot of money, or become addicted.
Even if the children play gambling for fun, the parents don't want to see it because it can damage the mentality.
Addiction is a problem that their children can have; when it happens to their children, they will find it difficult to cure.
That's why as parents, we must always supervise our children from the wrong association with their friends to grow up well.

Just like the father spent $5million a night gambling and a 19yrs old son $50k another night still on gambling, this makes us to understand that kids are always a reflection of how there parents behave at home, because these are actually huge amount of money to be gamble all away with in just a single night, because $5million into Nigerian currency right now will give you #3.5billion naira, which is equally the sum total monthly salary of over 100,000 civil servants or the total money needed to open/build a new Academic University of learning that just went into gambling in just a single night just like that. So in summary, as parents we just have to be careful about what we do because our kids watches us both by our actions and by what we say.

The most important thing is to also do it responsibly, actually hiding our gambling activities can only be done at a certain time later they will find out and you must have a strong reason why to gamble and if you are a responsible gambler you will have a valid reason that is acceptable well by your child and partner, and when they also gamble they understand that they have to gamble responsibly.