I agree to a certain extent that if replicating an upper middle class lifestyle is the parenting goal this can be successful. The big concern I have with that parenting model is antedoctoally these seem to be the people I have seen fall the hardest when dealing with adversity.

For someone who had a long linear career progression a lay-off or temporary underemployment sucks and could cause a lifestyle downsizing but is manageable. For the person who’s entire existence expects xxx,xxx income that’s where foreclosures on very nice homes and bankruptcy happen.