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Why Your Family Needs a Money Philosophy

The Stacking Benjamins Show

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Do You Have a Ledger Book?

Len's kids got paid on every achore, and they had a ledger book with debits and credits. At the end of every month, if they had a positive balance, it was basically a bank account. I paid them a small amount of interest on their savings. If they were overdrawn, i penalized em. So they kind of learn d to incentive, tried to incentifis em for saving. For my son, he didn't give a darn. He always that ledger book was always down near zero for him.

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