Both my parents grew up in poverty, so for my siblings and myself they wanted to give us the middle class experience. When we were younger we got toys and videos and all sorts of stuff. When I was around 7 my parents realized how spoiled this would eventually make us, so as we figured out santa wasnt real we got switched to the allowance system, we got $5 a week for doing all of our chores, usually 1-2 different ones a day, and we had to buy all our own toys and games. Parents would still occasionally buy the expensive stuff like consoles, but only for christmas and only 1 a year.
I ended up with an xbox, PS2, gamecube, PC, GBA, and DS. Of course the devils in the details, the PS2 was bought cheap from a neighbor, the xbox was bought in 2006 when the 360 was already out, the gamecube and GBA came from a family member as a gift coming home from hospital (long story). The only thing bought full price was the DS, and even then that was to smooth over the divorce announcement and the fact we were going to spend a lot more time in the car now. I bought all the games with allowance, never owned a new game until I was an adult.
As an adult I'm finding out just how totally broke we were. lower-middle class my ass. Parents did an amazing job of hiding it, and that allowance system I credit to fiscal responsibility today.