According to this study, having a higher socioeconomic status makes parents value the experience of raising children, particularly so for women. In contrast, poverty is associated with an increased risk of child abuse.
Money and parenting don’t mix. That’s according to new research that suggests that merely thinking about money diminishes the meaning people derive from parenting. The study is one among a growing number that identifies when, why, and how parenthood is associated with happiness or misery.
“The relationship between parenthood and well-being is not one and the same for all parents,” says Kostadin Kushlev of the University of British Columbia. While this may seems like an obvious claim, social scientists until now have yet to identify the psychological and demographic factors that influence parental happiness.
New research being presented today at the Society for Personality and Social Psychology (SPSP) conference in Austin offers not only insight into the link between money and parental well-being but also a new model for understanding a variety of factors that affect whether parents are happier or less happy than their childless counterparts.