It really does depend on individuals and, to a certain extent, cultures. In some cultures, and some families, giving money is regarded as sensible and helpful.
I was, in common with many young children in working class families, given money by family & friends at my birth and christening, put into an account with the local Building Society. It was added to at birthdays & Christmas. It was very clear to me that this was an act of kindness and love - it was talked of as being for my future.
When we bought our first home, I withdrew that money to form part of the deposit, and the Building Society took my savings history into account when granting us a mortgage.
I feel that every house we have ever owned has a little bit of those savings in it.