Showing posts with label family finance. Show all posts
Showing posts with label family finance. Show all posts

Friday, June 18, 2010

Recessions's Silver Lining May be: Solidifying the Marital Bond

The Recession and Families: Post 2 of 4

“Judging by recent press reports,” writes Bradford Wilcox in the Wall Street Journal, “the family fallout associated with the Great Recession has been severe.” According to Money & Marriage, a report released recently by the National Marriage Project at the University of Virginia and the Institute for American Values, the financial pressures associated with the Great Recession can lead to a downward spiral of marital recriminations, tension and conflict as spouses struggle to pay bills, adjust to the loss of a job or find themselves forced out of their home. “This downward spiral is especially likely to unfold when a husband loses his job—a particularly salient reality in the current recession, where more than 75% of the job losses have fallen on the shoulders of men.”

According to Wilcox, “There may be a silver lining in all this financial pain. For most married Americans, the Great Recession seems to be solidifying, not eroding, the marital bond. To be sure, some couples have simply postponed a divorce until the economy rebounds, when they expect to have a better shot at starting new lives.” And anecdotal evidence suggests that a number of couples have responded to the recession by rededicating themselves to their marriages.

"Perhaps more important, the Great Recession is leading some spouses to develop a renewed appreciation for the social and economic solidarity engendered by marriage and family life. While it is true that the recession has been a source of harmful stress for many couples and families, a recent Pew Research survey found that about four in 10 Americans report that the recession has brought their family closer together."

Friday, June 12, 2009

Money Stress Means Marriage Stress

Stress Week Installment 1 of 4.
If Discovery Channel presents Shark Week for your entertainment each summer, then we at FamilyThinking.com can present "Stress Week" so that you enjoy a stress-free and fun-filled summer.


Mary Jo Rapini, a psychotherapist in Houston suggests, Stress and anxiety can erode trust between partners." (True)
She adds, "The key to getting through this crisis is to realize that the financial problems are not going away overnight and to communicate your fears." (Also true)

But you have to read what she says in the paragraph that starts, "Couples need to remember that money is symbolic."
My response to Mary Jo: my electric bill, phone bill, car and house notes, are not at all symbolic....they are, in fact, quite concrete.

Coming attractions for Stress Week:
Post 2: Scenes of Nature Reduce Stress (prn)
Post 3: Making Kindergarten Less Stressful (huh?)
Post 4: Stress Gene Found in Infants (we kid you not)

Wednesday, February 20, 2008

Home is the Heart of Learning and Where Education Starts by Dr. Alan Singer

The ETS does some things other than scaring teenagers with those 3 dreaded letters--SAT. In this column, I describe a terrific study that was recently sponsored by the ETS. This column was published in the Home News Tribune on 02/20/08.

Three letters send shivers down the spine of most academically conscientious teenagers — ETS. Or maybe you know the Educational Testing Service by the better-known abbreviation — SAT.
SAT questions "are developed by a prestigious team of world-renowned academic experts, who get them from "Jeopardy!' " according to humor scholar Dave Barry. In fact, Barry says "the original idea behind the SATs, as stated in the ETS's Official Historical Statement of Goals and Purposes, was "to sell a huge quantity of No. 2 pencils that we ordered by mistake.' "

When I came across a recent research study published by ETS, I was gratified to learn that there are products of this company that are not designed to primarily put fear in the hearts of adolescents. And what a terrific piece of research they produced, "The Family: America's Smallest School." In the introduction, the study's authors, Paul E. Barton and Richard J. Coley, state, "Improving a child's home environment to make it more conducive to learning is critical if we are to improve the educational achievement of the nation's students." Toward reaching this goal, the authors suggest, "We need to develop cooperative partnerships in which families are allies in the efforts of teachers and schools."

I called Richard Coley to chat about the study. He directs the Policy Information Center of the ETS. "This report seems to have struck a chord," Coley said, adding, "ETS has conducted research reports that go back over 20 years."

Here are several types of family and home conditions that research has found to make a difference in children's cognitive development and school achievements:

Parent-pupil ratio: "In selected international comparisons, the U.S. ranks the highest in percentage of single-parent households, and Japan ranks the lowest." The number of U.S. children who live without two parents has declined to 68 percent (from 77 percent in 1980). An astonishing 44 percent of births to women under age 30 are out of wedlock. "Being raised by a single parent in itself steepens the odds considerably," explains Michael Winerip (The New York Times, December 9, 2007). "On average," suggests Winerip, "the child with a single parent is 2.5 times more likely to repeat a grade." Children need as many contact hours as possible with their parents. I have urged it before in this column, and it bears repeating. Children need quantity time with parents, not just quality time.

Family finances: "Income is an important factor in a family's ability to fund the tangible and intangible elements that contribute to making the home an educationally supportive environment," explain the authors of the study. "Nationally, 19 percent of children live in poverty, and 11 percent of all households are food-insecure. One-third of children live in families in which no parent has full-time year-round employment."

Literacy development: Income has relevance to this category as well. The study's authors found, "By age 4, the average child in a professional family hears about 20 million more words than the average child in a working-class family, and about 35 million more words than children in welfare families." Can we agree that talk is not cheap? The spoken word is vital to each child's education. And the written word? There is an income disparity in this category as well. "Sixty-two percent of high socio-economic status (SES) kindergartners are read to every day by their parents, compared to 36 percent of the kindergartners in the lowest socio-economic status group."

The most interesting finding of the study, in my opinion, is the ability to predict two-thirds of the large differences among states in the National Assessment of Educational Progress eighth-grade reading scores. Four family-home factors stand out, and — to some degree — each is likely to be related to the others: single-parent families, parents reading to young children every day, hours spent watching television (35% of eighth-graders watch four or more hours of television on an average weekday) and the frequency of school absences (one in five students misses three or more days of school each month). Therefore, if you want to help your children academically, keep your marriage strong, read to/with your children frequently, discourage excessive "screen time" and monitor your children's attendance at school carefully.

And one more interesting tidbit that the study's authors found: Make sure your child has a desk or table where he/she can study. Eighty-six percent of U.S. eighth-graders do, which is just above the international average. In our phone conversation, Coley stressed, "Not all kids have a quiet place to study, and they certainly need it."

"Be Counted" columnist Dr. Alan Singer is a marriage therapist in Highland Park. Respond to this column at Dr. Singer's blog http://www.familythinking.com/ or e-mail DrAlanSinger@aol.com "Be Counted" columnists are members of the public.