Are parents harming their kids by ignoring biblical warnings about indulgence?

The buddhists believe that indulgence leads to suffering and I believe the reason some very rich or good looking people become depressed is that they had all these chances to indulge on pleasant things they did not earn due to genetic or biological luck. When I was 20, my emotions become blunted and I lost most of my capacity for visual pleasure, as well as most of my superficial concerns in people, and when I lost my money worship and my beauty worship, I also lost most of my suffering as well. When I was a child and teenager, I had extreme happiness and extreme suffering too, and when I got older, I had no happiness, and no suffering either, I was always just neutral.

Are parents harming their kids by ignoring biblical warnings about indulgence?
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