[cschin4]

It is their money. I do try to guide them or discuss purchases with them. I point out what they could buy instead, what they could save for and how much things cost. They are getting a good idea on the cost. My oldest son likes his money for spending on smaller things, like getting a coke at the ball field, food, smaller toys, etc. My younger son is a saver and keeps his money until he finds exactly what he wants. But, when he finds, what he wants he has no problem spending for it. He usually buys a video game he has waited for. So, I don't think either is right or wrong, but they do both have different spending and saving styles.