I have previously expressed my admiration for the parenting system employed by many first-world countries. Of course, I am referring to the general approach of fostering independence in children so that they can rely on themselves when they eventually leave the nest.
In the first world, parents have the advantage of providing their children with opportunities to engage in manual or part-time jobs while they are still in college. This allows them to develop the discipline of saving money and exposes them to the realities of life, teaching them the importance of hard work.