Have any of you read the book, “The Entitlement Trap?”  In this book, Linda and Richard Eyre discuss a system they implemented in their family in order to help their children learn about responsibility and financial management.

I have been wanting to try the system out at our house, but my kids have been too young.  However, I think it may be a good time to start very soon….

Here is a great blog post about the system:

http://www.71toes.com/2012/11/a-money-system-that-works.html

Have any of you tried this system?  Has it been helpful?  Let me know, in the comments!