Money management is one of the many crucial life lessons that parents must pass on to their children. As Wim Mijs, Chief Executive of the European Banking Federation, said last year, no one can replace the parents as the main guide for children learning how to deal with money. With this in mind, let’s assume the important role of families in teaching a skill that will be vital at all stages of life.
The European Commission launched a public consultation on a roadmap on ‘possible action to address the challenges of work-life balance faced by working parents and caregivers’. The roadmap openly declares that “the main reason behind the initiative is to address the low participation of women in the labour market by modernising and adapting the current EU legal and policy framework to today's labour market”. On behalf of European parents, EPA as a registered lobby organisation contributed to the public consultation emphasising that issues of reconciliation parents are facing are much broader than measures pushing women to participate at the labour market. First of all, it is important for us to demand the use of another phrase ‘work-life balance’ as it suggests that work is not part of life while it is.