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Journal Article La administración del dinero es una habilidad esencial que las personas utilizan a lo largo de su vida diaria. Sin embargo, según el Consejo de Educadores Financieros (Financial Educators Council, en inglés), pocos niños reciben clases de educación financiera en la escuela. Por eso, son los padres quienes deben ayudar a sus hijos a aprender sobre el dinero. Según la encuesta Teens & Personal Finance realizada por Junior Achievement USA y The Allstate…
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Journal Article Money management is an essential skill that people use throughout their daily lives. However, according to the Financial Educators Council, few children receive financial education classes in school. Therefore, it is up to parents to teach their children about money. According to the Teens & Personal Finance survey conducted by Junior Achievement USA and The Allstate Foundation, kids want to learn how to manage money. 84% of teens say they want information from their parents about managing money, but a third of parents say they don't talk about money with their kids.
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Journal Article This article reviews the theories and literature in intrahousehold financial decisions, spousal partners and financial decision making, family system and financial decision process, children, and financial decisions. The article draws conclusions from the literature review and discusses directions for future research and educational programs. Most financial education and counseling takes place at the individual level, whereas financial decisions take place at household and intrahousehold levels. Family members, spouses/partners, children, and others play a key role in individuals’…
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Journal Article This study extended work on the consequences of incarceration for families by linking parents’ incarcerations to their material support of children entering adulthood. It examined two categories of support, parental transfers of cash and shared housing, that are known deficits among young children of incarcerated parents and that play important roles in young adult attainment and well-being. Propensity score analyses of data from the National Longitudinal Study of Adolescent Health (N [Wave3] = 14,023; N [Wave4] = 14,361) revealed that previously incarcerated mothers were less likely to give…
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Journal Article In a globalizing urban India, middle-class parents are extremely anxious about their child's success and future in a competitive world. In this context, the present article attempts to capture middle-class educated Indian fathers' thoughts, feelings, and contributions in ensuring children's success, through primary research conducted in the city of Baroda in western India using qualitative and quantitative methods. Descriptive data and fathers' voices highlight their notions of achievement, the nature and extent of their involvement in different areas of their children's lives, namely,…
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Journal Article A stress-buffering hypothesis for parenting was tested in a county-representative sample of 218 divorced fathers. Social support for parenting (emergency and nonemergency child care, practical support, financial support) was hypothesized to moderate effects of stress (role overload, coparental conflict, and daily hassles) on fathers' quality parenting. No custody fathers relied more on relatives compared with custodial fathers, who relied more on new partners for parenting support. No differences by custody status were found on levels of support or parenting over time. Parenting support…
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Journal Article Past research has largely ignored the influence of material resources on teenage parents' life outcomes. A lack of resources such as housing, child care, and financial support is hypothesized to explain the negative effect of teenage parenthood on educational attainment. Regression analyses use nationally representative data from the 1988 - 2000 National Education Longitudinal Study (N = 8,432, n = 356 teenage parents). Results support the hypothesis completely for the teenage fathers in the sample and partially for mothers: Resources substantially diminish the educational penalty teenage…
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Journal Article Paternity and child support can be essential to the family stability of children of unmarried teen mothers. While the number of births to teen mothers decreased between 1970 and 1985 from 656,000 to 477,700, the number of unmarried teen mothers increased from 199,900 to 280,300. This paper presents guidelines for counselors to assist young mothers. Establishing paternity is essential for the emotional health of the child, providing a sense of belonging and family ties with the father's family. Child support is important, even at a minimum if the father is unemployed, to establish a pattern…
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Journal Article The Family Support Act of 1988 and the 1996 welfare reform act recognized the need to help low-income fathers stay involved with their families, financially as well as emotionally. The laws required states to offer AFDC assistance to two parent families in which the primary wage earner was not employed. They also encouraged states to establish education, employment, and training assistance to noncustodial fathers of low income children so that they could obtain the level of employment needed to fulfill child support obligations. Reform policies have also tried to amend state practices…