Wait until you need a babysitter for sanity's sake.
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I thought I'd be the drill sergeant type of parent and I turned out almost the complete opposite. I don't mean that I'm against punishment or using the palm of my hand, but a lot of that stuff just doesn't do any good. Children are such good people who almost always want to do the right thing (if their parents aren't complete trash for role models that is), and mine always surprise me how they naturally pick up on wanting to "do the right thing".
As far as electronics go, my boys are on them a lot and it doesn't bug me one bit unless it's eating or bedtime. Everyone I knew growing up either played plenty of video games or they were weird. That didn't ruin the world. With the stuff available today, I can play MMORPG games with my kids and interact with them MORE than if they were playing some dumb *** video game with their friends. On top of that, it forced my oldest to learn how to read much faster than he otherwise would have because he had an incentive to do so. That in turn helps us stay in touch much more while I take breaks at work and we can talk in the chat boxes. My oldest has also learned way more than is normal for a 6 year old because of youtube. For example, I caught him watching an entire 2.5 hour WWII documentary the other day.
