There is of course no one right answer to this (never is in parenting is there?).
I have an almost 10 year old who is expected to be responsible for his possessions including portable games consoles and other expensive equipment. If the loss was purely his responsibility we would expect him to save and replace. If it was a situation that he was partially responsible for, or should have realised was an issue but hadn't yet experienced similar or been educated about, then we would likely expect him to contribute about half. Were it a situation out of his control then we'd expect him to learn and we might replace it, possibly as a special occasion gift.
In general the older the child the more responsibility. The more specific education about an issue, or the more experience of a similar nature, the stronger the consequence.
If your son is expected to replace it himself (even with the choice of using gift money) then he has the option to chose exactly what he wants and likely stronger motivation regarding its care.
Just my two cents worth.
I have an almost 10 year old who is expected to be responsible for his possessions including portable games consoles and other expensive equipment. If the loss was purely his responsibility we would expect him to save and replace. If it was a situation that he was partially responsible for, or should have realised was an issue but hadn't yet experienced similar or been educated about, then we would likely expect him to contribute about half. Were it a situation out of his control then we'd expect him to learn and we might replace it, possibly as a special occasion gift.
In general the older the child the more responsibility. The more specific education about an issue, or the more experience of a similar nature, the stronger the consequence.
If your son is expected to replace it himself (even with the choice of using gift money) then he has the option to chose exactly what he wants and likely stronger motivation regarding its care.
Just my two cents worth.
