My neighbor, a single mother with an active 5-year-old and a stressful job, is trying to help her 70-something mother with her financial problems. But there is no financial solution. Her mother is obviously unable to handle her financial affairs.
August 15th, 2011 at 11:10 am
Have you noticed your loved one is struggling to pay the bills? Does a checkbook appear unbalanced? Are bills being paid late? Although you may not be involved with the day-to-day financial management of an elder’s life, it is important to pay attention to money. Why? These financial miscues could be red flags for other problems.
October 25th, 2010 at 9:18 pm
My mom practices a frugality that my sons will never understand. There’s just too big of a generational gap between the circumstances of how my sons are being raised and the dire financial situation into which my mother was born. Thanks to the work ethic I inherited from my mom and a college degree, the boys’ have always known a life of small luxuries. There’s always been enough money to take a surprise trip to McDonald’s for lunch, or to catch a movie here and there or even to buy a video game system.