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When I was growing up, and to an extent even now, my parents have been there for me financially. I am not talking about designer clothing or a brand new car, but they have been able to help me out. Now that I am a "grown up" and have my own bills and debts, I have realized how much they have helped me to understand the value of money. I think it is okay to "spoil" your kids a little bit, but I think the important lesson to incorporate is BEING there for the kids through the good times and the bad, and letting them know that money and expensive belongings DOES NOT buy happiness. I also think it is wise for kids to "earn" certain things if they can, and pay for them also, if they can. For example, at 16, getting a job to pay for their car insurance. This is what my parents had me do. I don't think there is a definate answer for this question, because as we all probably know, there are people out there that "get everything given to them" and have turned out perfectly fine. Also it is important for kids to understand too that just because Richy Rich gets everything given to him by Mom and Dad doesn't mean he has a perfect life either. Interesting topic though...........
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