The purpose of this study was to examine the possible relationship between consumer debt and several aspects of parent‐child interaction, namely time spent by parents with their child(ren). affectionate interaction between parents and children and disciplinary parent‐child interaction. A small, positive relationship was found between consumer debt and disciplinary parent‐child interaction. No meaningful relationship was found between consumer debt and parental time spent with child(ren) or affectionate parental‐child interaction. Age and number of children are more reliable correlates of parent‐child interaction than is amount of household cons