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MODERN PARENTING

MODERN PARENTING. F³E Foundation for Financial Education www.f3eonline.org – info @f3eonline.org – 1-240-499-0390. STEP-PARENTS/CO-PARENTING. The new “NORMAL”- Two Parents, One Parent, Grand Parents, Gay Parents, Foster Parents, Old Parents, Young Parents, New Parents.

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MODERN PARENTING

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  1. MODERN PARENTING F³E Foundation for Financial Education www.f3eonline.org – info@f3eonline.org – 1-240-499-0390

  2. STEP-PARENTS/CO-PARENTING The new “NORMAL”- Two Parents, One Parent, Grand Parents, Gay Parents, Foster Parents, Old Parents, Young Parents, New Parents. • 40 % of family life reality • 2 house holds / 2 sets of rules / 2 sets of expectations • Role models COMMUNICATION IS KEY

  3. CHILD PSYCHOLOGY Types of Children Types of Pressures/Disorders Media Exposure /Desensitizing What is the Solution? *Quality time *Personal time *Consistency *Listen & Talk

  4. The Evolution of the Modern Family • Modern Family Wednesday nights on ABC ! • Parenting Parents- Multi-Generational Homes • Elder care • Medicare & Medicaid • LTC & Insurance • Medical issues-Alzheimer’s Dementia (85% of elderly over 85yrs have dementia) • Estate Planning

  5. AVAILABLE RESOURCES • College planning, 529, UGMA, pre-paid tuition plans, gifts, scholarships, grants, loans, and financial aid. • Costs of education have been spiraling out of control.  Better to save for retirement and withdrawal if necessary. • Different types of loans available...Stafford subsidized, unsubsidized, 401k, home equity loans, personal loans, credit card.

  6. F³E Scholarship Rewards Program • 300 + Private Colleges • Scholarships up to $44K, non need based? • 260,000 students currently enrolled • 25 million given out last year • Most families rely on two incomesHow do you best position your situation for college planning? F³E Scholarships

  7. Parenting Resources • Pediatrician • Guidance Counselor • Foundation for Financial Education (www.f3eonline.org) • Maryland Cash Campaign Questions?

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