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financial parenting noun. Financial services and education offered to the children of wealthy parents.

Example Citation:
"The newly minted multimillionaires of the Internet gold rush want more from their financial advisers than just estate planning — they want help in preventing wealth from corrupting their children's values. In the last two years, Merrill Lynch & Co. Inc. has seen growing demand for 'financial parenting' services that help with the problems some families face in dealing with sudden wealth."
—"Cool & Unusual," St. Louis Post-Dispatch, February 6, 2000

Notes:
To Wired magazine's Jargon Watcher Gareth Branwyn for letting me know about today's word.

Related Words:
askable parent
hyper-parenting
lifelong parenting
millionerd
optionaire
parallel parenting
sneaker millionaire
stealth parenting
trust slug
two commas
wealth effect

Subject Categories:
Business - Money
Sociology - Pregnancy and Parenting

Posted on April 3, 2000 at 11:44 PM
Updated on April 3, 2000 at 11:44 PM


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