Published 2 months ago

Kimberly Palmer: Worried about money? Ways to keep your kids from feeling your stress - Times Leader

Summary by Ground News

Children are more likely to report feeling worried if their parents are experiencing long-term financial stress. Talking about money with children during neutral moments can help establish a comfort level with financial discussions. Be comfortable with letting kids know you don't know everything, says Kimberly Watkins, assistant professor in financial planning at University of Georgia.

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Times Leader

Kimberly Palmer: Worried about money? Ways to keep your kids from feeling your stress - Times Leader

When it comes to parents and children, money stress can be contagious. That’s what Amy Weimer, director of the School of Family and Consumer Sciences at Texas State University, found when she and a colleague studied 60 children last year. They were more likely to report feeling worried if their parents were experiencing long-term financial stress. “As a parent, if I know I’m in deep debt, I would want to do something to address that issue so it …

2 months ago·United States

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