Parenting requires wisdom in nurturing and taking care of a child. How a child turns out in life depends on how parenting was done while raising such a child. So I believe parenting should be done with care and wisdom so that you won't raise a child in a wrong way.
I smiled whenever I hear people say parenting is majorly about taking the child to a good school and providing for the their basic needs, which is totally wrong. Parenting goes far beyond that. The way parenting is done will either shape the life of a child either positively or negatively.
Parenting is just liken to a potter who is given a clay. The clay is the child in it's raw form, while the parent is the potter that shapes and reform the clay into beautiful art pieces. As parent we contribute a large quota in shaping the lives of our children and moulding them to whom they become in the future.
To me, I believe parenting is an assignment and should be done with intentionality because the life of someone is in your hands and the kind of upbringing and discipline you instil in such life will either affect their turn out either positively or negatively.
I'm in support of taking care of children with all the resources you have which include basic, financial, emotional needs and more. Infact many parents have made up their mind to give their child the best of life without holding back which is a good one.
Personally, I don't have issues giving a child allowance having provided his or her basic needs which include feeding, clothing and shelter. But in all this, boundaries should be set. When boundaries are not set, there will surely be an abuse or mismanagement of things.
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The first thing is to observe understand the nature of the child so that you won't overpamper the child. Don't give them an allowance they won't be able to handle or manage well so that they won't end up squandering it anyhow.
So you have to remember that two children can not have the same attitude or character. Every child have his or her unique strength and abilities. That's why you have to be conscious of how you raise your children. Strike the balance base on their nature and abilities.
I remember while growing up, one of my sibling was more of spender in terms of attributes. She spend whatever comes in her hands without thinking twice. When my parents notice this, they encourage her by saving a portion of her allowance while gave her the rest to spend. It was easier for my parent to achieve this because they were observant enough to identify her strength and abilities.
It quiet easier for children to become mediocres in life because they have all their needs met by their parents just because
they are not pushed in taking responsibility for their life.
Therfore, it essential to let our children to realize that the endpoint of meeting their needs and giving them allowance is on the standpoint of them taking responsibility in life and not becoming mediocre or being complacent in life.
