What to tell your kids about Money and the Recession

Picture 2 One of the many notable ways in which families are being affected by the recession are reflected by how and where kids are choosing to go to school. There’s always been a large swath of students who went from highschool to a state school, but this is becoming more and more the case, even as schools face budget cuts.  At the State University of New York college campus, for one example, admissions officers are suddenly afraid of getting what they have always wished for: top high-school seniors saying “yes” to their acceptance envelopes. After the increase of students last year, kids are already tripled up in dorm rooms.

Whether this increase in entrants is due to the fact that parents don’t have to means to send their kids to private schools debt-free, or that the idea of incurring debt for a college education is becoming less appetizing, it’s hard to tell. But it begs the question: how do you talk to you kids about financial difficulties without making them feel less safe or stressed out?

For the answer, keep reading on MoneyWiseWomenBlog.net.

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Best-selling author and therapist Dr. Bonnie Eaker-Weil addresses topics related to love, sex, and money, as found in her book, Financial Infidelity