Posts Tagged ‘protecting parents financially’

Financial Security for Seniors: 5 Steps to Protect Your Parents

Sunday, August 29th, 2010

When most of us think about financial issues, we consider our immediate needs (the mortgage, car payments, credit card bills) and our long-term needs (retirement, college funds for the kids, savings). But we don’t often think about one of the most obvious – and difficult – financial concerns facing so many of us: Our parents.

Financial communication with your parents can be sensitive. These five tips will keep the conversation flowing – and friendly!

  1. Start Now
  2. Show Respect
  3. Keep It Simple
  4. Be Patient with Your Siblings
  5. Check In

Read this week’s entire Money Couple Minute HERE to get the 5 steps with complete details for each.

View the Money Couple ABC News video on Surviving Back to School Spending.
Surviving Back to School Spending