We usually look at wealth as something that can help a child get ahead, perhaps by paying for tutors and tuition at top prep schools and Ivy League universities.
But in many instances, there can be too much money, too soon — levels of financial assistance so great that they interfere with psychological, social and emotional development.
Consider a child in high school or college. In a middle-class family, the parents might cover tuition, but make the student work part-time to cover personal expenses.