With childcare costs consuming an average of 27% of family income, many parents rely on grandparents for care and financial assistance. Despite their limited incomes, grandparents often prioritize their grandchildren's needs, sometimes neglecting their own desires. Experts emphasize the necessity of open communication to prevent misunderstandings between grandparents and parents regarding the support expected. Discussions should cover the practicalities of childcare support, financial contributions, and how these arrangements fit into both the grandparents’ and parents’ budgets.
"For some grandparents, they share with me that they are offering a lot of care, support or gifts (financial or otherwise) to grandchildren without much recognition or appreciation from the grandchildren's parents."
"I've worked with some grandparents caught in the dilemma between providing financial support for their progeny versus going on a bucket list trip or even something more practical like putting off house repairs."
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