For families dealing with financial strain—from a recent job loss, the added costs of inflation, or longer-term challenges—the holidays and their aftermath can spark several worries: What’s the best way to discuss financial limits as a family without stressing out children? How can parents support children’s well-being while taking care of their own?
“Financial problems are one of the most stressful things that can happen to a family, and they’re also very common,” said Kathryn Grant, PhD, a professor of psychology at DePaul University who studies ways to protect children from the negative effects of stress.
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