Caring for Your Aging Parents on a Budget

Published on September 28th, 2017.

Article is property of Young Money.

In the great circle of life, caretaker roles tend to reverse as a human gets older. Often, the children they once raised up become the ones taking care of them.

In this world of strange reverse parenting, those charged with taking care of their parents do so knowing the risks of increased financial and emotional stress. See, not only do they have to provide for their own needs in addition to those of their parents, but many of them have kids themselves to look after.

As your parent or loved one gets older and starts to require more care, you may feel discouraged, and no reasonable person would blame you. Nobody can tell you this is easy, but we hope to share some tips that will at least help with the financial aspect. Here are some options you may not have thought about when it comes to taking care of your elderly parent.

Read the rest of this article here!


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