Family Wellbeing

HKFWS is committed to enhancing family wellbeing. The Society helps families to understand the status of their family wellbeing by conducting socially relevant and culturally appropriate research such as the Hong Kong Family Wellbeing Index. Based on their own research, we have created an online self-assessment tool covering six family domains that enable anyone to benchmark their own family wellbeing to further understand their own family situation. We also provide professional advice to enhance the family wellbeing of the general public.

Family Resources

My wife and I will have a new family member. She has no choice but to give up a high-paying job to become a full-time mother. As the sole breadwinner, I will shoulder a huge financial burden and feel very distressed. In this situation, how can I manage my family finances and reduce family expenditure?

Feeling irritable is understandable if there is a sudden change in your family. Firstly, you need to cope with your emotional disturbance. Finding somewhere to calm down or talking to a friend can help. To manage family finances, you don't need advanced financial knowledge, you just simply learn how to calculate. By deducting indispensable family expenditures from your sources of income, you can then determine the net income of your family. However, it is always hard to say how much family income is enough. Although your wife has to give up her full-time job, there is no benefit to worrying too much as long as you have communicated with her and made a commitment on future planning of your family income.