Financial Helicopter Parenting – What Works

Posted by & filed under Ages 3-4, Children & Education, Families, Featured, Parents, Teens.

Helicopter parent Mom high fives son while studying in library

Two articles recently ran in The Washington Post about helicopter parenting. The first, Park The Helicopter, Parents, discussed how and why parents should step back from this style of parenting, empowering kids to become their own advocates. The second, The Parent Trap, exposed how helicopter parenting leads to academic and income inequalities, where kids with… Read more »

Parental Peer Pressure

Posted by & filed under Families, Parents.

Mother urging child to complete race is an example of the competitiveness of parental peer pressure and c

50 wealthy parents were recently charged in a high-profile college admissions scandal. Allegedly, they used bribes, falsified admission scores, and faked athletic prowess to get their kids into elite colleges. Parental peer pressure is real. It arises in a multiplicity of parenting situations, not just college placement. The wealthier you are, the more you may… Read more »

6 Choices That’ll Impact Your Teen’s Future Income

Posted by & filed under Ages 3-4, Children & Education, Parents, Teens.

A critical aspect of teaching your teen about money that’s often overlooked is helping them set realistic expectations about their future lifestyle. It can be hard to understand that the lifestyle your family enjoys now has taken time and effort to accumulate.  As you make decisions together about college, make sure your teen is aware… Read more »