Make the most of your money.
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As our parents age, the way they live likely changes in order to meet their evolving needs. Sometimes, that means taking on new or additional costs, whether it's related to housing, making home updates or otherwise. To learn more about some potential costs associated with aging parents, we tapped the expertise of Elizabeth Eardley, Founder of Crossroads Eldercare Options.
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Setting (and sticking to) a budget can be challenging, especially when you're not exactly sure what's the best method for your personality and lifestyle. According to Experian, there are four popular types of budgeting plans, each with its own benefits and approach for helping you allocate your funds, whether you're looking to save, pay off any debt or want to rework current spending. Come along as we explore these four methods so you can pinpoint your own budgeting style.
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Discussing (much less planning for) your own mortality can be understandably uncomfortable, but it's also crucial and inevitable. This is part of life, and for your own sake and your family's, estate planning can make all the difference.
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Retirement isn't what it used to be, which means we need a new way to plan for it. As employer-funded investments and government plans disappear due to a changing global economy, it's crucial to personally save for retirement.
