I give them money for doing things and in return, they get things. I advise them on spending but don’t force it. This way they are free to use their money but also learn effectively over time. If you force their decision, or override their decision, you effectively eliminate the learning.
As my SO was on the chair and I was sharing something on my phone. Little one comes up and essentially does a handstand while leaning against the chair and nearly doing the splits with their naked butt in the air. I was at a loss of words.
I give them money for doing things and in return, they get things. I advise them on spending but don’t force it. This way they are free to use their money but also learn effectively over time. If you force their decision, or override their decision, you effectively eliminate the learning.