Dump the allowance-and use a new "Family Economy" to raise responsible
children in an age of instant gratification.
Number-one New York Times bestselling authors Richard and Linda Eyre,
have spent the last twenty-five years helping parents nurture strong,
healthy families. Now they've synthesized their vast experience in an
essential blueprint to instilling children with a sense of ownership,
responsibility, and self-sufficiency. At the heart of their plan is the
"Family Economy" complete with a family bank, checkbooks for kids, and a
system of initiative-building responsibilities that teaches kids to earn
money for the things they want. The motivation carries over to ownership
of their own decisions, values, and goals. Anecdotal, time-tested, and
gently humorous, The Entitlement Trap challenges some of the sacred
cows of parenting and replaces them with values that will save kids (and
their parents) from a lifetime of dependence and disabling debt.