1. Business Ideas
  2. Business Plans
  3. Startup Basics
  4. Startup Funding
  5. Franchising
  6. Success Stories
  7. Entrepreneurs
  1. Sales & Marketing
  2. Finances
  3. Your Team
  4. Technology
  5. Social Media
  6. Security
  1. Get the Job
  2. Get Ahead
  3. Office Life
  4. Work-Life Balance
  5. Home Office
  1. Leadership
  2. Women in Business
  3. Managing
  4. Strategy
  5. Personal Growth
  1. HR Solutions
  2. Financial Solutions
  3. Marketing Solutions
  4. Security Solutions
  5. Retail Solutions
  6. SMB Solutions
Archive

Economy Having Negative Impact on Kids' Social Development

Economy Having Negative Impact on Kids' Social Development Credit: Dreamstime.com

It already has been proven that career and financial problems can have a negative impact on people's relationships with their spouses and partners. Now, new research finds that having financial problems affects parents' relationships with their children.

Specifically, parents who experience financial problems and depression are less likely to feel connected to their children, and their children are less likely to engage in "prosocial" behaviors such as volunteering or helping others, according to University of Missouri Professor Gustavo Carlo.

"The study serves as a reminder that children's behaviors are affected by issues beyond their immediate surroundings," said Carlo. "Families' economic situations are affected by broader factors in our society, and those financial problems can lead to depression that hurts parent-child relationships."

Carlo's work goes beyond what previous research has indicated: that parent-child connectedness is an important indicator of prosocial behavior in children. Prosocial behaviors lead to moral development, better outcomes in relationships and enhanced performance at work and school, according to Carlo.

Unlike previous research that has focused on high-risk and low-income families, Carlo and his colleagues studied middle- to upper-middle-class families. Parents and children answered questions about economic stress, depression and connectedness between parents and children. A year later, the children reported how often they engaged in prosocial behaviors toward strangers, family members and friends.

"Even middle-class families are having financial difficulties, and it's affecting their ability to be effective parents," Carlo said. "When parents are depressed, it affects their relationships with their kids."

Carlo suggests that when possible, depressed parents should seek treatment from a mental health professional. Parents also can seek help from their spouses, families, friends, churches and other community agencies. He recommends parents balance efforts to help themselves with spending quality time with their children.

"Raising kids is tough as it is," Carlo said. "When you have the added layers of financial difficulty and depression, it makes raising children even more challenging."

The study, "A Test of the Economic Strain Model on Adolescents' Prosocial Behaviors," was published in the Journal of Research on Adolescence earlier this year. Carlo collaborated with researchers Laura Padilla-Walker and Randal Day at Brigham Young University.