The purpose of this research was to explore the correlation between parental rearing styles and well-being of family life. The participants were junior high school and high school students participating in the youth classes of the Bliss and Wisdom Foundation of Cultural and Educational (BWFOCE). 255 valid questionnaires were collected and the data were analyzed with SPSS18 statistical software. The main findings of this research were as follows: 1. The participants reported that parenting styles employed by their parents included education with love and care and aristocratic supervision, while authoritarian parenting was least used by parents. 2. The participants expressed median to high levels of satisfaction toward family life. 3. There were significant differences between junior high school and high school students in this study regarding their ratings of fathers' aristocratic supervision and authoritarian parenting. 4. Gender and family structure did not cause significant differences in the participants' ratings of fathers' parenting styles. 5. There were significant differences among participants with different parental marital status regarding authoritarian parenting. 6. The participants did not form a correlation between their fathers' vocations and their love and care for their children. 7. Schooling, gender and family structure did not affect the participants' ratings of the well-being of family life; 8. The results did not find a correlation between fathers' educational levels and their parenting styles. 9. Parents' education with love and care positively significantly predicted the participants' ratings of the wellbeing of family life, while authoritarian parenting negatively significantly predicted the participants' ratings of the wellbeing of family life. Suggestions based on the research results were made for parents, organizations and future studies.