This was exactly my father's approach, especially as I grew older. He eventually gave me my own CC with a limit for emergency use. I think it was a great approa

This was exactly my father's approach, especially as I grew older. He eventually gave me my own CC with a limit for emergency use. I think it was a great approach, but I also see the merit of having a limited allowance per period. Perhaps it's just my nature, but I'm just terrible at tracking my spending in a detailed manner. For instance, if you asked me how much I spend on groceries per month, I would not be able to give you an accurate number.