Debt, Stress, and the Average Cost of Raising a Child
Parents Magazine — Kids’ Basic Needs Are Pushing More Parents Into Debt
Financial stress doesn’t just strain a budget—it can take a heavy toll on a parent’s mental health, sense of worth, and relationships.
In her Parents Magazine feature, Licensed Marriage and Family Therapist Reesa Morala, LMFT, explains how today’s rising costs are forcing many families to take on debt just to meet basic needs.
Reesa highlights how the stress goes beyond numbers. When parents feel constant pressure to provide, they often internalize guilt or shame, believing financial struggle means they’re failing their children. This emotional weight can quietly erode confidence, increase conflict in relationships, and leave parents feeling isolated in their struggles.
“There’s an exacerbated amount of ‘I’m not good enough,’ and that tends to increase the chances of someone developing depression, anxiety, and could even be a precursor to someone feeling like the only option is to harm themselves.” — Reesa Morala, LMFT
The truth, Reesa explains, is that many families are doing their best within systems that make survival difficult. By practicing self-compassion, engaging in honest conversations, and creating intentional moments of presence—like shared family rituals or mindful pauses—parents can buffer against the burnout that financial stress so often brings.
Key Takeaways for Parents
Financial stress affects more than money—it impacts relationships and mental health.
Parents often carry guilt when debt rises, even if it’s tied to essentials.
Naming financial pressure reduces shame and isolation.
Self-compassion and small practices of presence help protect family connection.
If you’re in Murrieta, CA or anywhere across California, learn more about my parenting therapy intensives and parenting classes for more support.
Read the full artcile in Parents Magazine, Kids’ Basic Needs Are Pushing More Parents Into Debt
