Podcast Episode 229: Money Matters – How Financial Anxiety Affects Families

Thanks so much for coming by to check out Episode 229 of The New Family Podcast, where we explore the financial anxiety affecting families today.

This is the first of a two-part series that explores how money matters affect families. I’ve got two amazing guests for this episode. The first is celebrated parenting author Ann Douglas. Ann has written 30 books, including her latest, Happy Parents, Happy Kids. She and I talked about some of the ideas in that book back on episode 221, but I’ve invited her back to dive deeper into another important element of context Ann raises in this book — the implications of financial anxiety for parents.

We talk about just how much has changed with the cost of living, precarious work and more, and what those mean for the daily lives of parents, so many of whom are struggling to maintain a hold on a middle class lifestyle.

In the second part of this episode, I speak to British-American labour economist and Dartmouth professor David Blanchflower on his research that found it’s the cost of raising kids, not parenthood itself, that accounts for the decline in happiness associated with parenthood. These insightful conversations shed so much light on how financial anxiety is weighing on families.

Here are some resources related to this episode.

Happy Parents, Happy Kids

Ann’s website

Prof. David Blanchflower’s Dartmouth profile

The Atlantic: It Isn’t the Kids. It’s the Cost of Raising Them

Working paper by David Blanchflower and Andrew Clark: Children, Unhappiness and Family Finances: Evidence from One Million Europeans

Related Episode: Raising Kids With Gratitude

Related Episode: Why We Should Spend Less Money on Our Kids

Related Episode: Could You Give Away 70% of Your Stuff? Confronting consumerism with Cait Flanders

Related Episode: These New Parents Bought a House with Their 2 Best Friends

Related Episode: Straight Talk on the Financial Realities of Splitting Up

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Brandie Weikle

About Brandie Weikle

Brandie is a long-time parenting editor, writer and spokesperson. Most recently editor-in-chief of Canadian Family magazine, Brandie has also been the parenting and relationships editor for the Toronto Star, founding editor of two Toronto Star websites, and an editor for Today's Parent. Brandie is a single mother of two in Toronto and a frequent television and radio guest on parenting topics. A former digital director at House & Home Media, she also consults on digital audience engagement. Contact her here. View all posts by


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About The Editor

The New Family, a blog site that examines and celebrates modern family life, is run by long-time parenting editor, writer and spokesperson, Brandie Weikle. She is also the host of The New Family Podcast. Former editor-in-chief of Canadian Family magazine, Brandie has also been the parenting and relationships editor for the Toronto Star, founding editor of two Toronto Star websites, and an editor for Today's Parent. Brandie is a single mother of two in Toronto and a frequent television and radio guest on parenting topics. She lives next door to the father of her children and leads a dynamic Facebook community called Positive Co-Parenting After Divorce. You can contact Brandie here. You can find our privacy policy here.

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