Wealthy Parents Are Sharing The “Final Straw” That Made Them Financially Cut Off Their Entitled Kids (2024)

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2. "My wife used to work at a CVS. One day, a spoiled girl type came in and started stuffing makeup into her purse. I mean, in plain sight, with camera footage to back it up. My wife alerted the manager, who called the cops. The cops waited outside the door. The manager confronted her, allowing her to just give it all back and be banned from the store, ending it there. The girl refused and walked out the door, directly into the cop, with a purse full of enough expensive makeup to make it a felony grand theft charge. The girl got busted red-handed. It turned out she was a med student riding on Momma's dime. Long story short, mom got called because it was that or the girl was going downtown, and WHOO BOY, did the mom chew her out and practically cut her off on the spot for throwing her entire life away over something so stupid." 6. "I went to private school for most of my life — minus high school, by my choice, so I could socialize better. But there were other kids who were wealthy who got brand-new BMW M4s and such. One of them had a modded-out, brand-new BMW. It was loud, annoying, and screamed, 'Yeah, look, I've got money!' This was a six-figure car, no doubt. He actually went to private elementary school with me, and we were good friends until he started being an absolute dumbass and flaunted his wealth like no one else. He must have had $10,000 worth of shoes alone, and lo and behold, he was in the school parking lot messing with some kids and showing off his car. As he was leaving, I guess he tried to do a burnout or something, and he f*cked up the burnout and rammed right through the school wall." 10. "One of my college roommates was very rich growing up. I didn't realize just how rich until I had to explain to her what a coupon was, in very extensive detail. On multiple occasions, she bragged that she wasn't even interested in her major (philosophy), or college in general, but she was at university because her parents were requiring her to get a degree, any degree, in order to get access to her trust fund. I don't remember ever seeing her go to class, and she eventually got expelled sophom*ore year over academic dishonesty. I guess this was the last straw for her parents because they cut her off pretty soon after that." 12. "A guy from my robotics group had his entire life handed to him. His dad was stupidly rich because he bought shares in an oil field that turned out to have 40 times the expected yield (turning his $100,000 investment into millions). His son decided it would be fun to go on a school trip to Philly acting rich as hell. He drove his lifted, modded SUV to a school in North Philly we were doing a robotics event at, talking to younger kids about how fun robotics is. When it was time for us to go, we left the school and saw our bus driver talking to cops." 13. "My child was in high school when I cut him off. For some bizarre reason, he and his three friends decided it would be a good idea to attempt to enter a nightclub for people 21 and older. When they were denied entry, he said, 'Just let us in! If you do, my parents will pay you some nice cash.' The bouncer laughed in his face and told him to leave. My son and his buddies walked over to their car, and as they were about to leave, one of his friends said that they should run my son’s car into the nightclub — not only would they have to pay them for damages to the car, but my son would also receive a brand-new vehicle from my husband and me." 18. "In high school, I had this friend, and both of his parents were lawyers, and they were rich. Somehow he got an ATM card for some account that they either never used or didn’t monitor. Every day he would go to the ATM and get out somewhere between $200 and $400 and would use that to pay for everything for our friend group. We would leave school for lunch, and he would always pay for everyone’s food. After school, we would all go to the movies or laser tag or something, and he would pay for all of that, too. Sometimes he would just hand you $50 for no reason. I think he liked being the 'rich kid' in school and showing off. He did this every day for two years. Eventually, the bank called his parents and asked about the daily ATM withdrawals because it was so suspicious. They figured out he was doing it and they just completely cut him off and kicked him out of the house. He was 18 and had nowhere to go." 20. And lastly, "I grew up in a farming and military town in SC. One of the rich ones had the last name MacDonald and his family was loaded. Mac was a trust fund baby and never bothered to do anything but suckle from the family teat. About 10 years after graduation, I got together with a bunch of my buddies from back then and had a mini-reunion of sorts. I had just earned my commission in the AF, and a couple of others had as well; one guy, Scotty, owned a small comic and collectibles shop, and my buddy Cory worked for the Post Office. We go out for drinks, and Mac shows up. Mac, being Mac, couldn't keep his mouth shut, so we got tired of it, paid our tabs, and went to leave. Scott, the comic shop owner, popped off with something along the lines of, 'At least we're not still sucking Daddy's d*** at 30.' This, dear friends, pushed Mac over the edge. For some reason, rather than taking a swing at Scott, he hit Cory." References

2. "My wife used to work at a CVS. One day, a spoiled girl type came in and started stuffing makeup into her purse. I mean, in plain sight, with camera footage to back it up. My wife alerted the manager, who called the cops. The cops waited outside the door. The manager confronted her, allowing her to just give it all back and be banned from the store, ending it there. The girl refused and walked out the door, directly into the cop, with a purse full of enough expensive makeup to make it a felony grand theft charge. The girl got busted red-handed. It turned out she was a med student riding on Momma's dime. Long story short, mom got called because it was that or the girl was going downtown, and WHOO BOY, did the mom chew her out and practically cut her off on the spot for throwing her entire life away over something so stupid."

u/Edymnion

6. "I went to private school for most of my life — minus high school, by my choice, so I could socialize better. But there were other kids who were wealthy who got brand-new BMW M4s and such. One of them had a modded-out, brand-new BMW. It was loud, annoying, and screamed, 'Yeah, look, I've got money!' This was a six-figure car, no doubt. He actually went to private elementary school with me, and we were good friends until he started being an absolute dumbass and flaunted his wealth like no one else. He must have had $10,000 worth of shoes alone, and lo and behold, he was in the school parking lot messing with some kids and showing off his car. As he was leaving, I guess he tried to do a burnout or something, and he f*cked up the burnout and rammed right through the school wall."

"He was expelled, jailed, and cut off. I don't know where he got off to, but last I heard, he was living in a sh*tty apartment in the bad part of town, with his parents not trusting him with anything."

u/ivapetobecool

10. "One of my college roommates was very rich growing up. I didn't realize just how rich until I had to explain to her what a coupon was, in very extensive detail. On multiple occasions, she bragged that she wasn't even interested in her major (philosophy), or college in general, but she was at university because her parents were requiring her to get a degree, any degree, in order to get access to her trust fund. I don't remember ever seeing her go to class, and she eventually got expelled sophom*ore year over academic dishonesty. I guess this was the last straw for her parents because they cut her off pretty soon after that."

"This actually served as a wake-up call. She somehow managed to get a public health degree at a different school in spite of the academic dishonesty listed on her transcript. She's doing pretty well for herself these days. We've kept in touch, and last we talked, she was considering grad school."

u/__justbecause

12. "A guy from my robotics group had his entire life handed to him. His dad was stupidly rich because he bought shares in an oil field that turned out to have 40 times the expected yield (turning his $100,000 investment into millions). His son decided it would be fun to go on a school trip to Philly acting rich as hell. He drove his lifted, modded SUV to a school in North Philly we were doing a robotics event at, talking to younger kids about how fun robotics is. When it was time for us to go, we left the school and saw our bus driver talking to cops."

"Five students had driven themselves down to Philly — guess which car was stolen? His $90,000 monstrosity was missing, and after two months, all that was ever recovered was his stereo from a pawn shop and his laptop. The best part: He didn't have insurance on it yet because he 'can just buy the other person's car if there's an accident.' His dad flipped out over it and cut his allowance to $200 a month and forced him to drive a beater till he saved up his own money."

u/suitology

13. "My child was in high school when I cut him off. For some bizarre reason, he and his three friends decided it would be a good idea to attempt to enter a nightclub for people 21 and older. When they were denied entry, he said, 'Just let us in! If you do, my parents will pay you some nice cash.' The bouncer laughed in his face and told him to leave. My son and his buddies walked over to their car, and as they were about to leave, one of his friends said that they should run my son’s car into the nightclub — not only would they have to pay them for damages to the car, but my son would also receive a brand-new vehicle from my husband and me."

"(Keep in mind, the car they were about to ram into the building was a new Lamborghini we had bought my son for his 16th birthday after he lied to us, saying he had passed the driving test, which was false. We found out later, and it took him a whole year before he could even drive this car.) Weirdly, my son and the rest of his friends thought this was the greatest idea they had ever heard, and went through with it. Not only were they arrested afterward, but my son also had to pay the nightclub for the damages to the building. My son was not happy after we bailed him out and told him he was not getting that new car he wanted, either."

—Anonymous

18. "In high school, I had this friend, and both of his parents were lawyers, and they were rich. Somehow he got an ATM card for some account that they either never used or didn’t monitor. Every day he would go to the ATM and get out somewhere between $200 and $400 and would use that to pay for everything for our friend group. We would leave school for lunch, and he would always pay for everyone’s food. After school, we would all go to the movies or laser tag or something, and he would pay for all of that, too. Sometimes he would just hand you $50 for no reason. I think he liked being the 'rich kid' in school and showing off. He did this every day for two years. Eventually, the bank called his parents and asked about the daily ATM withdrawals because it was so suspicious. They figured out he was doing it and they just completely cut him off and kicked him out of the house. He was 18 and had nowhere to go."

"By this time, I had already dropped out of high school and had an apartment with another friend. We let him stay with us for a few months for free. I felt terrible, since I had taken so much money and free stuff from him over the years. He basically had zero life skills and had a really hard time holding a job after that. This was 20 years ago, but I don’t think he ever recovered from it."

u/CORPSE_PAINT

20. And lastly, "I grew up in a farming and military town in SC. One of the rich ones had the last name MacDonald and his family was loaded. Mac was a trust fund baby and never bothered to do anything but suckle from the family teat. About 10 years after graduation, I got together with a bunch of my buddies from back then and had a mini-reunion of sorts. I had just earned my commission in the AF, and a couple of others had as well; one guy, Scotty, owned a small comic and collectibles shop, and my buddy Cory worked for the Post Office. We go out for drinks, and Mac shows up. Mac, being Mac, couldn't keep his mouth shut, so we got tired of it, paid our tabs, and went to leave. Scott, the comic shop owner, popped off with something along the lines of, 'At least we're not still sucking Daddy's d*** at 30.' This, dear friends, pushed Mac over the edge. For some reason, rather than taking a swing at Scott, he hit Cory."

"Now, friends, this is important because Cory works for the Post Office. Not as a postman, or delivery driver, or even in station management. No, he's a special agent with the US Postal Inspection Service as a liaison agent with the FBI. Several people dogpiled Mac. The local PD arrived, and Mac found out that he had sucker-punched a Federal agent.

The police took everyone's statements, and Cory definitely wanted to press charges. Mac's dad somehow caught wind and showed up, screaming up and down at him for embarrassing the family—this was the last straw. In the end, Mac got cut off from the family fortune, ended up doing 6 months in FCI Bennettsville, and from what I've heard, is now working for a large burger chain named after a red bird."

u/ivanthemute

Wealthy Parents Are Sharing The “Final Straw” That Made Them Financially Cut Off Their Entitled Kids (2024)

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