How to Talk to Your Parents About Their Finances

How to Talk to Your Parents About Their Finances

Unless you’ve spoken to your parents extensively about their finances, almost everyone thinks they will have to support their parents in some way in the future (housing, health/caretaking, or finances). In fact, 4 out of 5 millennials and generation x-ers worry about having enough money to support themselves and assist their parents. But based on my experience working with clients it’s not usually as bad as you think. Here are some tips for learning more about your parents financial situation so you can adjust your own financial planning.

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How to Support Aging Parents Through Health Changes

How to Support Aging Parents Through Health Changes

A common experience my clients ask me about is how to handle finances once the health status of an aging parent changes.  Perhaps there’s been a new diagnosis, or health event that means they need more care or it’s just time to consider assisted living facilities. These kinds of transitions can be hard, but it may be time for you to get more involved with their finances. 

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Hi, I’m Cady!  I help women and entrepreneurs dream big, find financial freedom, and navigate life changes 

You can reach me here.

 

Hi, I’m Cady!  I help women dream big, find financial freedom, and navigate life changes 

You can reach me here.

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