Tag Archives: parents

When to step in and takeover your parents finances

According to research from the Indiana University School of Medicine, about a quarter of people age 65 or older have at least slight cognitive impairment. For many adult children of this group, the stat brings up an important question: When … Continue reading

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Preteen money moment

Several weeks ago I was balancing a work day with taking care of my 10-year-old who was not in school at the time and my partner was caring for her mother. So, the day started with my daughter enjoying my … Continue reading

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Teaching kids the meaning of enough

According to a recent study by Bridgewater State University , one-fifth of third graders now have cell phones. That’s just at the youngest extreme – 83% of kids in middle school are dialed in. Whether we like it or not, … Continue reading

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Financial moves when you have a child later in life

The new trend among would-be parents: Waiting. We’re putting children off longer than ever before. Women in the US are becoming first-time mothers at an average age of 25, four years older than we were in 1970. And it seems … Continue reading

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What can you do when your parents don’t want to talk about money

At some point in your life, the tables will turn – your parents, who likely taught you nearly everything you know, will need a helping hand. Whether that means assisting them in downsizing, navigating the Medicare process, or taking over … Continue reading

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Balancing other needs when there is a special needs child in the family

More than 20 million families in the US have at least one member who has special needs. Their daily lives can be especially draining – not to mention expensive. Lisa, whose son Will has autism, says that his school costs … Continue reading

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Choosing guardians for your children

For any parent, choosing guardians is a struggle. You want to pick the right person for your children, of course. But weighing the pros and cons of select friends and family members isn’t pretty, and you also have to worry … Continue reading

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The cost of keeping an aging parent at home

It’s a very common wish: To age at home, rather than in a nursing home or other facility for seniors. I know it’s what my mother hopes for herself (we’ve talked about it) and when I think decades down the … Continue reading

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How siblings can work together to care for aging parents

For years, whenever I thought about the best way for siblings to handle the issues of older parents, I thought about my friend Toddi. She had two sisters with whom to share the load – one a doctor, one a … Continue reading

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Conversations with your aging parents about finances

I love conversations with fun people. As an extrovert, it gives me energy. I think I have discussed every appropriate and inappropriate topic under the sun through the years. I even recall briefly discovering the meaning of life during one … Continue reading

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