I think it all depends on the child.
I was given everything: a new car at 16 and a college education.
I became a software engineer, and now I'm a SAHM. I'll probably go back to work to pay for my kids to have cars and go to college.
My husband had to work his way through college. It was very difficult for him. I don't want my kids to do that. They'll have enough trials and tribulations after college.
I think if your child is grateful for what they are given, then that is what is important.