It is best to have children manage their own money from an early age. When they want something, do not buy them, tell them to learn how to buy the toy,
Yes but they do not yet have the capacity to buy a toy since they cannot make an income yet. But kidding aside yes, I got your point. It is like to help, do not give them a fish but teach them how to fish. It is better if we teach our children how to value their money and how to spend wisely.