Hundreds of thousands of Americans are reconfiguring their budgets right now.
Major employers like Amazon, Target and Nestle have all announced layoffs and the government shutdown is now in its second month. Impacted workers must focus their resources on long-term survival.
Tightening budgets could mean the holiday season looks a little bit different this year. And it will be an especially challenging time for parents.
“Children are exceptionally perceptive,” says Wendell Clarke, an Atlanta-based behavioral wealth specialist.
If you’re navigating financial hardship, you may be wondering how forthcoming you should be with your kids. In his practice, Clarke helps clients with financial planning, including looking ahead to challenging times.
