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.

"Linda and Richard Eyre continue to reach out to parents with sage advice on nurturing the family's value system." — Dr. Phil

"I've known Richard and Linda Eyre for thirty years...They are very attractive personalities with magnificent messages...They walk their talk and have such practical, realistic ideas to help us in our families, in our life-balance, and in building values deep inside our own lives." — Stephen R. Covey, author of The 7 Habits of Highly Effective People