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Communicating job loss / lay offs to children. |
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- The best way to handle kids' questions is with open, honest and age-appropriate answers.
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For children old enough to understand, explain that losing a job means that daddy/mommy won't be going to that place where he/she used to go to work.
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Be mindful of when and how you have a job loss conversation with kids.
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Reassure them that there will still be food to eat, they will still go to school and that they will get through this tough time together.
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Sometimes, parents can get caught in the moment and become emotional, so it's important to make sure you are calm when you talk.
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Parents can also ask older children to become part of the solution. Discuss options for cutting back, staying within budget, and exploring new, inexpensive things that the family can do together. Kids are great if we are open and honest.
- Involve tweens and teens in the problem-solving. Tell them 'this is how much money we have' and ask for their input into how and where the money could be spent on them.
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When money is tight, it's also wise to give children choices within limits. If you can only afford one extracurricular activity, encourage kids to decide which is most important to them.
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Ask them 'How do we make your activities fit this new budget? You help me decide,'
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For some families, if finances are very tight, the choices become more difficult and in some cases, kids may have to give up all out-of-school activities or face bigger life changes, such as moving or changing schools. At this point, communication and understanding becomes paramount.
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