Being a parent in a sluggish economy is tough. Raising kids is a demanding job on it’s own and adding money stress to the mix often makes things worse. It’s hard, but like it or not, these are the financial realities many parents are facing today.
To help make ends meet, more and more families are becoming dual-income households. Studies show that 80 percent of children have parents who both work full-time in the first year of life.
But that extra paycheck may come at a price. For every minute mom and dad spends at work, they need someone else to watch the children. For millions of American this involves placing their infant child in childcare, which often stirs up feelings of anxiety and guilt in parents. It’s a hard choice, but what effects does being in childcare really have on the child’s development? For decades, these questions have disturbed and even panicked parents. Fortunately there are experts who can help make that decision less stressful.
“Parents looking for clear information on how childcare affects children are given a bewilderingly diverse set of conclusions,” says Kevin Nugent, PhD, founder and Director of the Brazelton Institute at Children’s, a research and training organization dedicated to studying the development of newborns and young children. “But it’s not all bad news.” …