Someone I know recently made his child sign an agreement. The agreement puts in place a structure to reward the child with more money, as the child moves from success to success.
I wonder what values the parent will impart to the child. The child may grow up to have sound financial management skills and will perhaps make a good negotiator for a pay increase!
On the other hand, the child may grow up to cherish the reward more than the journey to success.
In school, I received less than most of my peers. My parents made me realise very early I was unlike other children, and my life would not be like "the others".
My parents thought me to:
a. value learning experiences more than material things; and
b. seek happiness, share happiness and celebrate happiness; and
c. be independent.
When I achieved, my folks did not buy me presents. Instead, they provided me opportunities to spend time with loved ones. My parents knew the journey is more valuable than the reward.
It is important to be aware of the values one wishes to impart to another.