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Have you noticed how organized your parents used to be? Or maybe you see that they have stopped taking care of themselves physically when you see them in-person or via FaceTime or Zoom. If so, it may be time that you have a conversation with your parents about their health and financial well-being.
Cameron Huddleston, a mom of three awesome kids, was also a caregiver for her own mom, who had Alzheimer's disease. "It was a stressful situation I wouldn't wish on anybody, but it gave me great insight into how financially devastating Alzheimer's and dementia can be."
It made Cameron realize how important it is for adult children to have conversations with their parents about their finances before a health issue or other emergency leaves their parents unable to manage their finances independently. Her situation moved her to write the book, Mom and Dad, we need to talk; how to have essential conversation with your parents about their finances.
One way to spark a conversation with parents is to ask them for advice regarding financial matters. Cameron noted that this approach could ease fears and tensions around taking the first steps to determine how you may be able to help.
Please enjoy my conversation with Cameron Huddleston.
For show notes and resources discussed in this episode, visit https://tammacapital.com/37-how-to-talk-to-your-parents-about-finances/.
For more episodes, go to tammacapital.com/podcast.
Follow Paul on Facebook and LinkedIn.
And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.
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Have you noticed how organized your parents used to be? Or maybe you see that they have stopped taking care of themselves physically when you see them in-person or via FaceTime or Zoom. If so, it may be time that you have a conversation with your parents about their health and financial well-being.
Cameron Huddleston, a mom of three awesome kids, was also a caregiver for her own mom, who had Alzheimer's disease. "It was a stressful situation I wouldn't wish on anybody, but it gave me great insight into how financially devastating Alzheimer's and dementia can be."
It made Cameron realize how important it is for adult children to have conversations with their parents about their finances before a health issue or other emergency leaves their parents unable to manage their finances independently. Her situation moved her to write the book, Mom and Dad, we need to talk; how to have essential conversation with your parents about their finances.
One way to spark a conversation with parents is to ask them for advice regarding financial matters. Cameron noted that this approach could ease fears and tensions around taking the first steps to determine how you may be able to help.
Please enjoy my conversation with Cameron Huddleston.
For show notes and resources discussed in this episode, visit https://tammacapital.com/37-how-to-talk-to-your-parents-about-finances/.
For more episodes, go to tammacapital.com/podcast.
Follow Paul on Facebook and LinkedIn.
And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.