Are grandparents a blessing or a burden? Multigenerational coresidence and child-related spending

This study also contributes to a growing literature giving primacy to parents' socioeconomic disadvantage as moderating the association between multigenerational relationships and child well-being. Results indicate that, when compared to similar two-generation households, multigenerational households are associated with increased spending on education and with decreased spending on child care. Differences in child-related spending between multigenerational and two-generation households differ according to parents' income and relationship status. Overall, living with grandparents represents an adaptive strategy that helps low-income or single parents invest more money in their children's education, hobbies and activities, and to save on the costs of child care.
Source: Social Science Research - Category: Psychiatry & Psychology Source Type: research