What does wearing a helmet as a child and being in debt have to do with anything? Hahahaha ok
Everything, children that are shown boundries as a child will have difficulties in adult life. It's basic child development, if you want your child not to be a fuck up, you need them to learn the order fast.
Studies show there are tons of correlations, between setting strict boundries as a child and success. Kids that don't have bed times, are rewarded for impulsiveness etc, will not fair well in life.