When Samantha Broxton’s husband was laid off, the couple sat their teenagers down to discuss how the household budget would shift.
Broxton said the layoff came unexpectedly in early 2025, around the time President Donald Trump unleashed tariffs on most U.S. trading partners, recession fears were looming, and companies were slowing their hiring.
Broxton told her teens they would be eating out less, and they might be having more conversations about money.
“Even if both of us find great jobs soon, the world’s changed significantly,” said Broxton, the founder of RaisingSelf.com, a platform dedicated to parenting informaiton and coaching.
Is your teen ready for adulthood? How to talk to them about money
