Name: Young People Should Be More Holistic About How They Pick a Career
Uploaded: 2025-09-11T17:04:00Z
Duration: 1 min 21 s
Description: Parents should ask their kids if their chosen career path will result in them being happy not just financially but also in terms of work-life balance and flexibility, says Ariana Bhatia, private wealth advisor at Merrill Lynch.

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Parents should ask their kids if their chosen career path will result in them being happy not just financially but also in terms of work-life balance and flexibility, says Ariana Bhatia, private wealth advisor at Merrill Lynch.

https://m.wsj.net/video/20250911/01f260e1-6806-4aa8-9a1a-ff53071ef753/1/hls/manifest-hd-wifi.m3u8

Young People Should Be More Holistic About How They Pick a Career

I'm always surprised by how little there is in terms of formal financial literacy training in school, but I think making that a conversation early and often with your kids is so important. And it's not the same at every age, right? When you're young, it's, "Okay, how much does that piece of candy cost? Just so they start looking at the price tag. When they're older, it's, "Here's your allowance," or, "How much did you make from your summer job?" "What are you gonna use that for?" It can be open-ended questions, but just so that those questions are asked and out in the open and talked about. In college, it's, "How much are you supporting yourself versus from the family? What is your first job gonna look like?" The single most impactful question we ask, or we pose it to client families in this way and tell the parents, this is a question that I really think you should ask your child is, "Can you afford yourself?" So when you're picking the career you want, of course, follow your passion, be happy, but also make sure that you'll be happy with the resulting life that gives you, not just financially, but from a work-life balance perspective, from a flexibility perspective. Can you afford the lifestyle you want in every possible way?