<p>Using survey data collected from 405 parents of school-aged children in the United States between November 2022 and February 2023, we examined the impact of perceived inflation threat on parental involvement in children’s education and the role of parental self-efficacy in mediating the effects of financial stress on parental involvement. The results suggest that families headed by racial/ethnic minorities and single-parent households were more negatively affected by the current state of inflation. Parents reported higher levels of financial stress when they were more concerned about inflation in their daily life. Unexpectedly, the threat of inflation and financial stress were positively correlated with parental involvement. A path model revealed that the perceived threat of inflation affected parental involvement through parental self-efficacy. Overall, findings indicate that the perceived threat of inflation and financial stress may motivate parents to engage in their children’s education, particularly when they believe their involvement will make a distinct difference in their children’s success.</p>