Daily money managers help seniors with finances.Yip, Pamela
With fixed incomes and rising expenses, there are many seniors in financial trouble. Use 5 ways to help when aging parents need assistance with finances.
Your student’s senior year is a great time to stock up on the supplies they’ll eventually need for college. Think about school supplies such as a sturdy backpack, notebooks, and a computer;dorm room accessorieslike pillows, bedsheets, speakers, lamps; and basi...
In the season of Mother’s Day and Father’s Day, there’s more we should do than send a sentimental card or host a brunch. Adult children need to communicate with their parents about personal finances — without intruding on their privacy or demeaning their ability to continue their financia...
Seniors on Fixed Incomes May Struggle to Keep Up with Inflation Many senior citizens look forward to retirement as a chance to calm down and enjoy all of their hard work. Inflation, on the other hand, may put a serious damper on such goals. When expenses grow, seniors living on a limited...
Use Telehealth Services for More Accessible Care Another helpful aspect of technology for seniors is the rise of telehealth services. You can make an appointment with a healthcare provider online, and they will meet with you over secure video through Zoom or the provider’s own virtual system. ...
hands. Instead, you need to realize that your parents’ finances can change in the future. They may also grow more dependent upon you, as well. Sadly, there are also some people out there who prey upon seniors, so you always need to take the initiative to go over their finances with ...
The program, Tax-Aide, is primarily for people who are 50-and-older with low or moderate incomes. Last year, the program helped to secure more than $1 billion in refunds for more than $1 million taxpayers. Lee-Villanueva said that seniors can find these programs at their local libraries,...
Question: “I’m 57, low income and looking for a certified financial planner (CFP). I own a house but am still paying the mortgage. What would be the best route to take in terms of finding someone to help me with my finances and my future...
Many fintech apps use artificial intelligence to help you organize your finances. The apps can track your spending patterns, help with your budget, manage cash flow, and recommend investments and other financial products. Are AI apps safe?