Considering the scarcity of research on different aspects of young learners’ teaching and learning English, and given the fact that parents provide financial support for the young learners’ education, this study was an attempt to investigate how socio-economic factors interact with parents’ behaviors and beliefs regarding young learners’ success in achieving English oral proficiency. The participants were 28 young learners of English with their parents. They were selected through purposive sampling and these learners were taught with the same method, and tuition were waived for children with low SES. To explore parents’ perceptions, beliefs and 7 behaviors, 17 parents of adequate and inadequate means were interviewed. Qualitative findings indicated that parents based on their SES viewed their young learners’ success in English differently. This study has implications for various agencies in English language teaching, including teachers, teacher educators, and policymakers in Iran, highlighting the interaction of Neoliberalism discourse and parenteral factors and behaviors in education.Given the limited research on young learners’ English language teaching and learning, coupled with the provision of financial support by parents towards their educational pursuits, this study sought to investigate the interplay between socio-economic factors, parental behavior, and beliefs in achieving English oral proficiency. Participants involved in the study comprised 28 young learners of English and their parents, who were selected through purposive sampling. These learners were instructed using the same syllabus, teachers and textbooks with tuition fees waived for children from low socio-economic backgrounds. In order to explore parents’ perceptions, attitudes, and behaviors, 17 parents of the student participants representing varying financial means were interviewed. Qualitative analysis of the findings revealed that parents’ socio-economic status influenced their views on their children’s success in learning English. The implications of these findings are far-reaching, not only for teachers and teacher educators but also for policymakers in Iran, stressing the interplay between neoliberalism discourse and parental factors and behaviors in education.