One is composed of formerly married people whose single-parent household is a consequence of divorce or separation. The second group consists of never-married parents, a large segment of which consists of single teenage or young adult women, many from the lower part of the economic scale. In each case, the success of the single-parent household depends on the nature of the ties between the parent and child, or children, and often upon the degree of participation of grandparents or other relatives in raising these youngsters. Often we presume, incorrectly, that the only person raising that child is a single parent living in isolation. That doesn't usually happen.
Money can alleviate many of the stresses of everyday family life, to be sure.
But it's not the panacea for shaping a successful family. The process must involve nurturing and support, as well as control and guidance of children. Affluent parents who are neglectful cannot overcome that neglect of their children with money. Successful parents and successful children often result from an understanding of the different positions and perspectives they maintain. Parents and children must be sensitive to each other's respective concerns.