Jill on Money with Jill Schlesinger

Having the Money Talk with Your Parents

Having the Money Talk with Your Parents

Jill on Money with Jill Schlesinger - August 15, 2019 - 24:49

As your parents age, you may find that you want or need to broach the often-difficult subject of finances. In Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances, personal finance journalist Cameron Huddleston lays out the best ways to approach this issue, along with a wealth of financial and legal information that will help you help your parents into and through their golden years.Sometimes parents are reluctant to address money matters with their adult children, and topics such as long-term care, retirement savings (or lack thereof), and end-of-life planning can be particularly touchy. In this book, you’ll hear from others in similar positions who have successfully had “the talk” with their parents, and you’ll read about a variety of conversation strategies that can make talking finances more comfortable and more productive.Learn conversation starters and strategies to open the lines of communication about your parents’ financesDiscover the essential financial and legal information you should gather from your parents to be prepared for the futureGain insight from others’ stories of successfully talking money with aging parentsGather the courage, hope, and motivation you need to broach difficult subjects such as care facilities and end-of-life plansAlthough talking money with your parents can be hard, you aren’t alone, and this book will guide you through the process of having fruitful financial conversations that lead to meaningful action.Have a money question? Email me here.Please leave us a rating or review in Apple Podcasts.Connect with me at these places for all my content:https://www.jillonmoney.com/https://twitter.com/jillonmoneyhttps://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ https://www.stitcher.com/podcast/jill-on-moneyhttps://apple.co/2pmVi50"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Previous Episode

How to Save for Retirement?

August 13, 2019 - 10:02
Today we're talking to Jed from South Dakota who is new to the investing world and trying to figure out how to make up for lost time....

Next Episode

Stocks Plunge, What You Should Be Doing

August 16, 2019 - 03:30
Americans saw a big chunk of their stock market savings disappear on Wednesday over fears of an economic recession. During a week like...

About The Show

Host Jill Schlesinger, CFP®, tackles sometimes uncomfortable and even controversial money and investing issues, without the financial jargon, to get to the heart of what’s important for anyone to know. Jill takes listener phone calls and interviews informative and entertaining guests each week to uncover surprising insights and provide actionable information so you can make the most of your money. Have a question? Email us at askjill at jillonmoney dot com.

Hosted By

Jill Schlesinger
Jill Schlesinger