Making them understand work = money is great and I'd add making them understand the concept of not being able to afford something. So many people in tech have

Making them understand work = money is great and I'd add making them understand the concept of not being able to afford something. So many people in tech have reached a level of TC where the things they can afford on a whim are things the average household would wring their hands over. And that ends up applying to the kids' wants even if you're not trying to spoil them. It's just reality that, while you might deny them big things, "small things" on these salaries are not small for most people. Learning that sometimes you just can't afford something is an important lesson. That there's no shame in that, that there'll always be something else, etc. That ends up implicitly discouraging the trap of building up debt when you're young to keep up a certain standard you're used to, which I think is a common problem when kids of high earners go out on their own. - Also an important corollary to your point about work = money: making them understand your money is not their money. Sounds harsh, but even if they're going to inherit it, it's still money that you worked for. It's a dangerous mentality to start assuming your parents' successes are your own without having experienced what it took to achieve.