Had a conversation earlier with DH, who was heading out to buy himself birthday presents from his mum. I asked what his budget was, and he looked at me like I was mad. He has no idea how much his mum spends on him at birthdays or Christmas. I found this a bit odd - when my mum still bought me birthday presents, she would say to me that I should go out and pick things, and give a rough idea of how much she planned to spend.
This got me thinking: as children (secondary school age), my sister and I usually picked what we wanted for birthdays from our grandparents. We were always told the maximum amount that it could cost (basically we got the Argos catalogue and filled in the form to hand to Granny!). I think it taught us a lot about budgeting, deciding what we really wanted etc. Sometimes we would club together and get a big joint present; other times one of us wanted to do that but the other didn't, so we had to negotiate it. We also understood that some things are just beyond budget; if we really wanted them we could maybe get a joint birthday/Christmas gift.
I'm not sure how much this applied to presents from our parents, but I'm fairly sure we had a budget in mind there as well. We certainly understood that we couldn't just ask for a load of expensive stuff and expect to get it.
This was all completely unheard of for DH; he would have had no idea how much his parents/GPs spent, and he basically just provided a list of what he wanted and hoped for the best.
I just wondered what other families do. This is a good bit away for our DCs, but I would definitely like to teach them good money management and budgeting when they're older.