Is it good for parents to spend on their children satisfying their desires in their childhood?

[Ms. Thrylokya asked:- Swami, this is a question purely in Pravrutti. Is it good for parents to spend on their children satisfying their desires in their childhood?]

Swami replied:- i) Mother and father shall not give to their children whatever the children ask. If the parents give like that, the children will become spendthrifts (Julaayi) and when they grow up, they will spend for whatever they like and will not save money. Hence, liberal parents think that they are loving their children more, but in fact they are spoiling their children.

ii) Moreover, whatever you give to children, they will not remember that when they grow up. If the parents save money and give to their children when they grow up, in a permanent form like properties (or Fixed Deposits), they will remember the parents forever because such permanent assets will go to their children also and thus, the entire dynasty will remember the parents. This is true love to the children. Parents must not go in the direction of the above said blind love. If  parents save money and give it to children as permanent assets, the children will grow up with full discipline and they will also earn and save for their children without doing wastage of money.