Air Date: Tuesday, October 14, 2008

Parent to Parent: Kids and the economy
These are trying times with the woes on Wall Street and the economy crumbling, but how do we reassure our children during these difficult times? Byron Barnett has some tips on how to take a pro active approach in this week's Parent to Parent.
These are trying times with the woes on Wall Street and the economy crumbling, but how do we reassure our children during these difficult times? Byron Barnett has some tips on how to take a pro active approach in this week's Parent to Parent.
With the current economic crisis taking its toll on families, parents need to remember to reassure their kids in these uncertain times.
Dr. Gene Beresin, Director of Child Psychiatry Residency Training at Massachusetts General Hospital
"I think kids get concerned in large part because their parents are very worried."
Experts say communication is key.
Dr. Gene Beresin, Director of Child Psychiatry Residency Training at Massachusetts General Hospital
"Basically say what have you heard on the news or what are you worried about or have your heard something about a crisis or an economic crisis."
Young children need to feel a sense of security and stability, while teens and older kids may have specific concerns, like paying for college or finding a job.
Dr. Gene Beresin, Director of Child Psychiatry Residency Training at Massachusetts General Hospital
"Parents need to address the different concerns of kids at different ages and for all kids I think they need to know they're going to be safe that they're going to have their parents around to listen to them and take care of them."
And parents should remember it's not ok to have all the answers.
Dr. Gene Beresin, Director of Child Psychiatry Residency Training at Massachusetts General Hospital
"Hey, if our politicians and if our major economists and so called experts don't know and don't agree, how can we expect our parents and our kids to agree and understand?"
Byron Barnett, 7News