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Tracy Stewart, CPA
  • (979) 324-8179
  • (979) 324-8179
  • Location
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Tracy Stewart, CPA

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  • (979) 324-8179
  • (979) 324-8179
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Peace of mind through financial clarity.

How to talk about lending money to your aging parents

July 19, 2017 by Tracy Leave a Comment

Millennials are finding themselves providing money to their aging parents for basic life needs. But with limited fiscal flexibility of their own, how do they offer support – without breaking their own bank?

In today’s episode of Your Money Minute, I talk through a few conversation starters to have with your aging parents as you discuss financial support.

It’s important to understand the need and how long your parents may need support. It can also be helpful to understand how the need arised in the first place. Open and honest communication is a great starting point point. And do remember: Financial support is not the only way you can support your aging parents. Be creative!

To get ore practical advice on money and life, subscribe to my YouTube channel to catch a new episode of Your Money Minute each and every weekday.

Filed Under: Working with attorneys, your money minute

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