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The Entitlement Trap: How To Rescue Your Child With A New Family System Of Choosing, Earning, And Owne Rship
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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.

Paperback: 256 pages

Publisher: Avery; 1 edition (September 6, 2011)

Language: English

ISBN-10: 1583334157

ISBN-13: 978-1583334157

Product Dimensions: 5.9 x 0.7 x 9 inches

Shipping Weight: 12 ounces (View shipping rates and policies)

Average Customer Review: 4.7 out of 5 stars  See all reviews (62 customer reviews)

Best Sellers Rank: #26,711 in Books (See Top 100 in Books) #26 in Books > Parenting & Relationships > Parenting > School-Age Children #80 in Books > Business & Money > Personal Finance > Budgeting & Money Management

I pre-ordered this book and was very excited to receive it the day it came out. I learned about the Eyres through their "Teaching Your Children Values" book a few months ago--and promptly became a fan. I then ended up buying or borrowing through the library many of their existing books. Perhaps it's because I've read so many of their books in a short span of time, but there's not a lot new here. The stories are the same, the plan is the same, etc.It's the family economy--including peg system and check books, family rules, and family traditions. It's really like a best of... the best tips from all of their books. I can tell you that these are the things that have made a difference in my family--so if you're not familiar with their previous works, then by all means, buy this book! You will find numerous practical tips that you can put into play tomorrow that can make a change with your family. I really urge you to just try and do one thing and build upon it. We started with a family meeting--and it made such a difference. Also, Linda's advice of Praise (I think I first read about it in "A Joyful Mother to Children" but maybe it's in the Nurturing book) has turned around my "problem" child.We've implemented a lot of their suggestions--including family rules (although not as one-word simple as theirs), a family motto/mission statement, family economy, and family values. If you have young kids, I highly recommend Brite Music's Standin' Tall audio series for a monthly value. (LDS company, but secular as far as I can tell.) The monthly values are not exactly the same as with the Eyres, but the presentation and even the choice of values seems to make more sense for young kids.

My husband and I often complain about the sense of entitlement that we see in America where we as country have created a society where it is easy to have the things we want without really working for it - and there is always something new to want tomorrow. Why wait to get something you really want that other people already have? How do you exercise the discipline to save for these purchases and work hard to earn them?We see these problems not just in kids but also fellow adults. What example are we setting for our children? Are our parenting practices setting them up for a responsible future or are we unknowingly adding to the problem by doting on them too much? I honestly wasn't sure, so this book, which I received a copy of in exchange for my honest review, was very intriguing to me.The basic idea of this book is to create a family banking system where your children (starting at about the age of 8) begin to truly work for the allowance money that they earn - in a way that has them keep track of the work they are doing and either reap the rewards of their efforts or suffer the consequences of their idleness or forgetfulness. The big emphasis here is that the kids learn to keep track of their chores themselves and understand what their work earns - how many chores they need to do to afford the video game or new pair of jeans they want. Parents should encourage kids but try not to interfere or hold their hand through the process.I like this concept a lot and although my kids are still too young to really implement something like this with them, I do see it as being a good (common sense improved upon) idea - if we can teach our kids to manage their money at a young age while the stakes are small, then they will be better prepared for when the stakes are larger.

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