Helping Your Child During Tough Economic Times

If you are one of the many Americans currently facing a downward turn in your lifestyle, you may be concerned about the impact on your children. Whether the changes are due to the high costs of living, a job or business loss or an unsustainable mortgage, your life and therefore your children’s lives will be changing. Recent research in the field of behavioral economics tells us that losses are twice as painful as gains are pleasurable. Learning how to cope with loss is a major life skill and challenge and your children will be watching to see how you handle it. This is how they will learn...