Money is a big, big issue in retirement. While I am several years from my retirement, I think about my plans carefully, wondering almost daily what else I can to ensure my security. Managing finances for some of our aging parents is a challenge. And th…
Continue ReadingDid you know that renting a car with a debit card will hurt your credit rating? I didn’t. So will closing a credit card that has a zero balance.
At least that’s what AARP tells me and for now, I’m taking their word for it. But let me back up for a moment.
As a lot of people reading this blog know from personal experience, barring the unlikely event of winning the lottery or receiving some other kind of unexpected windfall, what money you’ve got right now in retirement, is pretty much what you’re always going to have.
Continue ReadingUPDATE: With the exception of YouTube, just about all online video formats that allow embedding are of questionable quality and cause a variety of problems including slowing page loading, hanging halfway through and/or not playing at all. This is why…
Continue ReadingYesterday my mother was almost a victim of financial elder abuse. I made this video explaining how these insidious scammers targeted my mother. If you are caring for aging parents, you really MUST make a point of educating them about all the different ways that these criminals prey on the elderly. First and foremost they strike […]
Continue ReadingDays after the United State’s AAA credit rating was downgraded rating agency Standard and Poor’s has put all six of its rated for-profit nursing home providers on Credit Watch with a negative outlook, reports McKnight’s Long-Term Care News. This comes on the heals of CMS’s decision to cut nursing home payments by 11.1 percent starting […]
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Roughly 10 million people over 50 are taking care of an aging parent – a rewarding responsibility, but one that can also be a source of financial strain. Here are three things that can help caregivers out financially.
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