“Daddy, Are We Poor?”

How do you explain to a 5 year old boy that you can’t afford what his friends have because you’ve prioritized family time over financial rewards? Here’s one dad’s story. This is a guest post by Aaron Gouveia that originally appeared at his blog, DaddyFiles.com on July 8th, 2013.

Guest bloffer Aaron Gouveia of Daddyfiles.com
Guest blogger Aaron Gouveia of Daddyfiles.com

What good is a fancy car if you only drive it to the office and back? What’s the point of buying your kids all the best toys if you’re not there to play along with them? And what good is that huge house if you’re never home to dance with your wife in the kitchen or chase the kids around that gargantuan playroom?

“Dad, are we poor?”

The question itself doesn’t bother me one bit. It’s an honest and insightful question that comes from a place of innocence and genuine curiosity often inhabited by 5-year-olds. It was the anxiety-riddled expression he wore on his face, and the hint of fear buried just below the inflection in his voice that did me in.

I should’ve seen this coming.

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Expert Q&A with Dr. Mark Promislo on Materialism and Work-Family Conflict

(or, The Dangers of Valuing Money More than People)

Mark Promislo is a husband, father of two young girls, and a management professor at Rider University (and a friend, but most importantly an active blog reader and commenter!), who recently authored a great study on the effects of materialism on work-family conflict. I asked him a few questions about his life, his work, and his study– which I think has implications for working dads.

Mark's research shows the negative effects of valuing material possessions on work-family balance and well-being
Mark’s research shows the negative effects of valuing material possessions on work-family balance and well-being

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Expert Perspectives: Are Your Finances Foiling Your Job Flexibility?

A guest post by Pat Katepoo

While I spend some time with Nick, my friend, Pat Katepoo takes over today with a GREAT guest post.  I'll be back on Thursday.
While I spend some time with Nick, my friend, Pat Katepoo takes over today with a GREAT guest post. I’ll be back on Thursday.

Last week, I heard from a state government employee who told me his current job provides him with “much flexibility and work life balance.”

Josiah (name/details changed to preserve anonymity) said he works an average of 35 hours a week, plus he can flex his hours as needed to meet family needs that come up. Oh, and he makes more than $125,000 a year.

All that’s the good news.

The bad news? Impending state-mandated furloughs along with 12% across-the-board pay cuts. It’s a salary slashing Josiah says he can’t absorb, forcing him to respond to an opening for another higher-paying job. A job where the culture is far from flexible.

Josiah came to me with his dilemma: “I’m devastated about the pay cut, but even more scared of the prospect of going to a new job where I no longer have the flexible schedule I currently have.”

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