Helping Elderly Parents Manage Finances

Anne Murphy Brown, J.D. 07/26/2021

With record numbers of Americans hitting their golden years, parents will increasingly be dependingupon their children to manage finances. According to a 2015 Pew Research Study, in the United States64% of those with a parent age 75 or older have provided help with finances, errands and personal care,while about half (52%) of those with parents age 65 to 74 have done so as well. Stepping into this rolecan be daunting.It was clear when my family was hit with my dad’s Alzheimer’s diagnosis that one of the things I could doto help was to bring organization and control to my parents’ finances. They had been managing well, butmy siblings and I started to see some small warning signs that things were getting away fromthem. Minor disputes with creditors, multiple visits…

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Categories: Longevity, Wellness & Personal Growth

Anne Murphy Brown, J.D.

10 Things I Wish I Had Known Before My Dad’s Alzheimer’s Diagnosis

When someone receives an Alzheimer’s or other dementia related diagnosis, there is an array of emotions for the patient and their family – disbelief, denial, anger, loss, confusion and so much fear. What will this mean for our family? Before my dad received the first diagnosis of “mild cognitive impairment,” we knew things were off. He’d gotten lost a few times and was repeating himself, but it was all manageable. His friendly personality and quick wit was a good cover, but dementia is a relentless foe and it marched on. As my siblings and our mother adapted to a new normal, things would change again and again. Our wonderful dad passed away a few months ago, giving me some time to reflect on his Alzheimer’s journey.…

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Anne Murphy Brown, J.D. 08/23/2021

woman sitting at desk thinking, stressed, should you return to pre-pandemic job?

Is Your Pre-Pandemic Job Still Right for You?

Is Your Pre-Pandemic Job Still Right for You? The world is slowly returning back to “normal” 一 or as close to normal as things get while continuing to live with the threat of a global pandemic. And this return to “normal” has left many of us wondering: do I want to go back to exactly the way things were pre-pandemic? Here are some things to consider when weighing the pros and cons of staying at your pre-pandemic job. Many are leaving their pre-pandemic jobs As employers call workers back into the office, many people are choosing not to go back to their old jobs at all. Although a record number of open jobs are available in the U.S., hiring has gone way down. And people…

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Saya Des Marais 10/18/2021

When is it Okay to Use Your Credit Card?

by Carol Strazinsky When is it okay to use your credit card? This is an important question to be asking ourselves. It can be tempting to purchase that designer handbag you’ve been fawning over, or even to pay for groceries when finances are a bit tight. However, when you are getting ready to swipe that card, take a step back and think about why you are making the purchase and whether it will benefit you and your financial wellness. So when does using your credit card makes sense and what pitfalls should you avoid? You’re strategically leveraging rewards. It’s perfectly possible to reap the benefits of cash back rewards without going into debt to earn them. How? Try using your credit card just for everyday purchases…

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Institute Editorial Team 09/13/2021

Stop managing your time and start managing your energy

You know the drill. Work, family and other obligations have you running ragged, and there’s always the feeling that there aren’t enough hours in the day. You’re stressed and exhausted, but sleep isn’t replenishing you. You struggle with productivity, your patience is thin, and the work you once loved just isn’t providing the same satisfaction anymore. That’s burnout. We would rather call it something else, an energy crisis. Burnout sounds like something you can’t come back from, but an energy crisis? Personal energy is renewable, you just have to know where to look for it. That’s what personal energy management is all about, finding the sources of energy you need to get off the hamster wheel and back in the game in a way that…

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Institute Editorial Team 02/24/2021

How to Prioritize Your Energy and Maintain Your Schedule

If you’re a woman who finds herself wishing for more hours in the day to get everything done that needs doing, you’re not alone. After all, women spend an average of 4.2 hours a day doing unpaid domestic work compared to 1.7 hours for men, according to the United Nations. It’s no wonder that so many ladies are looking for those elusive extra hours each day. While we can’t add hours to days, we can manage our energy. After all, life is often out of our control, and we must deal with unexpected circumstances at the drop of a hat. To prepare ourselves adequately for our days, both planned and unplanned, there are some things we can do to ensure we have the energy for…

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Institute Editorial Team 08/29/2022

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