Giving children an allowance can be a big headache. "I'm the only one who hasn't paid for the Science Center outing." "I skipped recess so I can buy my lunch today." Have you heard your children talking about not having enough pocket money or splurging excessively for their age before? For starters, we may not have any idea as to how inconsistent our children can be spending in their school. We worry about not giving enough to our children for their extra Co-Curricular Activities (CCAs) or supplementary lessons, or for the times they join their friends for meals outside of school or for the contribution of class and CCA funds. It is not easy. We empathise with you. Given the increasingly busy lives of adults today, we often overlook our children’s needs. More than just making sure that they have the money to spend, money-savvy parents know...