In case you can't tell, Lionel is (cough) just a little spoiled.  Because the Goldwaters are wealthy, and see no particular reason to be stingy, they're very generous with their money -- be it in gifts to friends, donations to charity, exotic vacations, or expensive and extravagent things that catch their eyes.  As a result, Lionel and Loretta both take their parents' money for granted -- Lionel always gets the fanciest toys, Loretta buys stuff without paying attention to prices, and their parents barely think much of it.



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