Giving your kid an allowance gives him a small freedom, a small idea to be responsible, to know how to budget, to know how to give the needy and not only spend, to know the value of savings, to understand the importance of contribution, and to realize that experience is the best teacher.

And when you decide to give, be a parent, guide him/her how to use it wisely. Deep huh? But think about it. Cheers!