I do like your ideas. I grew up in a single parent home, for the most part, but my father did pay child support. We attended Catholic schools, but my mom never got us cars or paid car insurance. We could stay at home rent-free during college, but then we had to pay "room and board". We each graduated college, own homes, and have stable jobs. Also, we don't have any debt besides mortgages and cars, obviously; no school loans to pay off because we had scholarships. My aunt and uncle spoiled their 2 kids, and neither of them graduated from college or have a good work ethic. They are 25 and just now having to purchase their own vehicles and pay rent. They are still out doing the "bar scene" and throwing money away on alcohol. It's a shame.
I will admit I buy nice things.... Yes, I have those "i" things, too! lol But, I also use coupons, shop sales ads, and have NEVER had credit card debt. I also price-match and have no shame telling Target that I want my dollar back on something that dropped a dollar in price. lol It's my dollar! I'll buy an Icee! :) I was never given an allowance, but if I had, I'm sure I would've still bought nice things... I just would have had FEWER nice things. lol :) Some things are worth the cost, but on an allowance, I would've had to keep them much longer instead of replacing them whenever I wanted.
Tara, I also have a very close relative who was (and still is) spoiled by his parents and now he is divorced, over 50 and still depending on them to live...it's scary how some parents do not realize what they do to their children and it seems impossible to make them understand.
Thank you very much Tara. I always say that it's easier to let go than to react when it comes to correcting and showing the right thing to do to our children, it takes a lot of energy out of parents, BUT I always say that all this effort is worthwhile, because it will benefit them and their future familes.