How to Support Aging Parents With Their Finances (Without Losing Your Mind)

Few topics can strain family relationships quite like money—and when it’s your parents’ money, the emotions can be even higher. As our parents age, it’s natural to worry about their financial well-being: Are they keeping up with their bills? Will they have enough for medical expenses? Are they safe from scams? As Americans live longer, adult children are increasingly stepping in to help their parents manage money, organize accounts, and protect assets.

10 Ways to Save

How are you planning to use your tax refund? Vacation or a home improvement project? Why not stash some of it away into your emergency fund? Here are 10 other ways to save in your day to day to help you you reach your savings goals: 1. Pay Yourself First - Open a savings account and set up an automatic transfer to your savings account when you deposit your paycheck 2. Make a list before you go shopping and don't buy anything that is not on the list 3. Get a $50 gift card to Starbucks and only use that during the month and when it’s gone, it’s gone 4. Remove credit card numbers from your online shopping accounts – it will make you think twice before checking out