Ask a money coach: 'My ageing parents are in financial trouble. I've given them almost 35,000, but they keep asking for more'Parents now expect monthly financial support from their child due to poor investment decisions affecting retirement.
These matchmakers connect teens and elders. The friendships benefit both sidesIntergenerational connections can alleviate loneliness and isolation, especially for seniors.
Harriette Cole: I'm barely out of school and I'm hit with my parents' money problemsCommunicate honestly with parents about your own financial limitations.Encourage parents to seek financial advice for better planning.Recognize the growing trend of financial insecurity among older adults.
These matchmakers connect teens and elders. The friendships benefit both sidesIntergenerational connections can alleviate loneliness and isolation, especially for seniors.
Harriette Cole: I'm barely out of school and I'm hit with my parents' money problemsCommunicate honestly with parents about your own financial limitations.Encourage parents to seek financial advice for better planning.Recognize the growing trend of financial insecurity among older adults.