Importance of giving a Child an Allowance.

I never got allowance myself. And I didn't need any growing up. We didn't have computers back then and didn't need any money to buy new releases. My parents took me out regularly to watch movies and shopping to buy clothes etc for me and my siblings. I usually asked my parents money when I needed it if I Was going out with my friends and they would oblige depending on how much I asked and what I asked for. In this present age thought I would surely give my child some money each week/month to get them to understand how important money is and make them understand the salary perspective early and understand how hard/easy it is to manage a house if you manage your income and expenses. bourne :)