Parents, if you want what's best for your children, keep them away from domain name registration. Sure, it seems innocent at first. "I'll just register my name, for personal use, maybe a blog." But it doesn't stop there. If you can't find that first one, it becomes an obsession - "If I don't register it now, someone else will get it!" And then you try more. And more. And more. Soon, any remotely good domain MUST be registered, or else it will be lost forever.
Before you know it, you are hunched over at your computer, cursing at those names in the WHOIS database, who have STOLEN your domain from you, registering it before you could, only to never do anything with them. Letting them sit there, mocking you for all eternity: "This page is coming soon!" You look at your own collection of domain names - there is no way you will ever be able to use all of them. But even so, there's that part in the back of your mind that thirsts for more - "I just made up a new word! It MUST be registered before someone steals it! BLOOBITYBLAH.COM? OMG no one has it yet? Quick! Sign on to GoDaddy!"
Domains are worse than crack.