RSVP Blog

Parenting During a Financial Crisis

financialparenting.jpg

Having trouble telling your 6 year-old that they can't have that shiny new bike they've been bugging you about? Whether you realise it or not, the stress on adults due to the looming global recession is trickling down onto our children. Have you been directly affected by the economic crisis? How have you dealt with it? Take our anonymous short survey here and have your say!

Have you kept tabs on how it is affecting your kids? It seems everywhere you turn, there is talk of the meltdown and stress ensuing. Has anyone thought about how this is affecting the children? The messages they're getting? Some of the news is enough to scare the lights out of adults, much less the children! Are you fearful of what's happening? Are you watching your own panic levels around the little ones?

Posted by Ellida February 18, 2009 5:36 PM

Post a comment

To post a comment, you must be an RSVP member. If you have an RSVP account, you can sign in here, or join RSVP now!

Thanks for signing in, . Now you can comment. All comments will need to be approved by the site owner before appearing on the site. This generally takes between 12-24 hours. Comments that are off topic and do not comply to the terms and conditions will not be approved. We thank you for your patience. (sign out)

Latest Comments

Teach them very young and I can almost guarantee it's easy when they get older. I've got a girl who I spoil rotten when she does really well at something and she has proven to be one of the nicest, mature and grateful 8 year old kids I have come across.

Posted by: louise62 at September 28, 2010 2:24 PM

i agree with jlee and meremalevic you don't go and buy your children presents and toys willy nilly or they will expect them all the time and with this economy going the way it is we wont be able to afford the presents then it will cause problems and arguements, i believe the best way to do it is only buy presents when it is birthdays christmas' etc only wen it is special occassions that way the children will be more greatful for the presents, and with parents not being able to say no i hear it alot from my neighbour with thier child but the minute she throws a tantrum they just give in and give her what she wants, she had a wake up call when she met me and i told her no to a movie, she threw the trantrum and i just left her there kicking and screaming and when she realised i wasn't paying attention she stopped the tantrum and walked off she tried it a couple more times after that but she has realised now that when i say no i mean it i don't give in, some people may say i sound strict or mean but it is the way i raise my daughter and we all have different ways of how we raise our children and i want my child to respect the simple things in life and if she wants something then she has to work for it not just expect it.
hope you all have a good night

Posted by: crazysinglemumi24 at May 20, 2009 10:37 PM

I do believe one of the things some parents should do is not discuss certain things in front of their children. Children do not need to be worried about things beyond their understanding before they have to. Soon enough they are exposed to certain unsavory elements in life which their minds will have to process according to their mental capacity and years.

However as jlee stated, I do feel children need to be aware that they cannot just have everything they wish for, that sometimes the purse strings just will not reach that far! Too many parents place themselves into debt to make sure their children have the best of everything. My own daughter does this no matter how I try to advise her without poking my nose in. (Sighs)

Yes, we want our children to be well cared for but top brand labels (or the most expensive toys) are not always necessary nor are they always the best as some current affairs programmes have proven.

Myself I try to keep cheerful as I, like everybody else am affected with the downturn of current events. One has to keep marching to the beat of the drum and cut down where possible although it's not easy at times especially being single.

I try to remember that no matter what kind of hardship is happening in my life that there is always someone much worse off somewhere else.

Ann

Posted by: sweetmixture at May 8, 2009 1:37 PM

jlee I could not agree more. I manage my fortnightly economic stimulus package (pay) the same as I always have. In fact I've benefited a little from the so called economic downturn. My two fav charities, WIRES and RSPCA are getting a little more from me each month; while I can afford to spoil the boys I don't, they must deserve and earn to get rewards... not unlike myself getting paid each fortnight. I realise some people have suffered already and probably there are many more still to learn they have no job to go to. So i am grateful for the position I am in, but I am in that position because of hard work and discipline. I cannot save the world but if I see someone in need and I can help in some way I will.

Posted by: meremalevic at April 24, 2009 10:13 AM

i have to watch my money all the time anyway so this so called financial crisis doesnt make a difference and i think its good for our kids to wait for stuff they want, they need to learn that they cant have everything they want when they want it! And even better sometimes they need to hear no! Too many kids these days are spoilt anyway and they still want more!

Posted by: jlee76 at March 26, 2009 1:01 AM

RSVP....

It seems that nobody wishes to dwell on this depressing topic...
Dealing, as we are, with the reality... do you really think we want to replay the misery on the blog? Looks like the answer is 'no'.

btw... has the woman in the photo sold all her furniture?

Posted by: decoratress at March 10, 2009 12:08 PM

Posted by: decoratress at February 20, 2009 5:08 PM


Wish I could agree with you, but it is very hard to remain optimistic in a dole queue.....

How fathers and mothers manage to feed and provide for their children is beyond me.

Colleen

Posted by: fifilafume at February 26, 2009 9:53 PM

hi deco that sounds like the glass half full mindset . i got my backside kicked for that a while ago but i totally agree with you chad

Posted by: chad1958 at February 23, 2009 7:23 PM

That is exactly why I will continue my donations toward the Salvo's rather that the bush fire appeal.

Hopefully the Salvo's will distribute donations to all the people in need not just to those that are temporarily financially inconvenienced.

Winter is coming on and there are those that don't even have blankets to keep themselves warm let alone warm soup to fill their bellies.

There are a lot of disadvantaged people out there that will never know what it is like to have a roof over their heads.

Can't and won't forget them.

Posted by: tassiedude1 at February 20, 2009 8:50 PM

Hmmmm.... seems nobody wants to take this one on.

"Have you been directly affected by the economic crisis?"

Who hasn't?

"How have you dealt with it?"

By gritting my teeth, refusing to buy into The Gloom, remaining optimistic, & choosing to stay happy.

Posted by: decoratress at February 20, 2009 5:08 PM

RSVP Name Search

PLEASE NOTE....

This blog is moderated, which means we won't publish comments we believe to be inappropriate and offensive, as guided by the RSVP terms and conditions. RSVP reserves the right to delete or edit Content at its discretion as well as the right to reformat the layout of comments to match the standard presentation.