Brad Sachs, Ph.D., is a family psychologist and the author of Emptying the Nest: Launching Your Young Adult Toward Success and Self-Reliance along with numerous other books for general and clinical readership
You can't finish the job of launching young adults without addressing their finances. But that process can only proceed when parents address financial matters with each other.
Money is one of the primary sources of conflict in the co-parenting relationship. Resolving those conflicts is a necessary step toward successfully launching young adults.
Financial management and emotional management are intimately connected. To use money well in the launching phase, we need to be aware of the emotions associated with providing it.
Money means different things to different people. Knowing more about your personal relationship with money helps you to use it to promote your adult child's ambition and autonomy.
Money means different things to different people. Knowing more about your personal relationship with money helps you to use it to promote your adult child's ambition and autonomy.
Taking on responsibility is a key constituent of adulthood, but re-distributing responsibility so the adult child carries the lion's share can be a challenge.
Taking on responsibility is a key constituent of adulthood, but re-distributing responsibility so the adult child carries the lion's share can be a challenge.
Part 2: When young adults are exiled back home due to the shuttering schools and disappearing jobs that resulted from COVID-19, both generations experience instability and need to adapt.
Part 2: When young adults are exiled back home due to the shuttering schools and disappearing jobs that resulted from COVID-19, both generations experience instability and need to adapt.
Focusing on the fact that your young adult is creating a vision for her future, rather than on the vision itself, raises the odds that her future will be bright.
Focusing on the fact that your young adult is creating a vision for her future, rather than on the vision itself, raises the odds that her future will be bright.
When we fall prey to perfectionism, we think we’re honorably aspiring to be our very best, but often we’re really just setting ourselves up for failure, as perfection is impossible and its pursuit inevitably backfires.