Society's problems are not the problems of "those people out there". They are our problems, and if we ignore them they will come creeping up to us at one point. As Muslim parents we need to do something about these challenges.
Young adults, teenagers, let alone most kids in our culture are not taught how to earn and spend their money properly. How can we teach our kids to be responsible, debt-free and most importantly Haram-free?
This article argues strongly in favor of giving Muslim children gifts instead of Eid money as part of the Eid holiday celebration based on the Hadith, ""Exchange presents with one another, for they remove ill feelings from the heart".