aging parents

This week’s money news

April 17, 2024 By Liz Weston

This week’s top story: What student loan borrowers should know if MOHELA is your servicer. In other news: Pregnant workers must get time off for birth, abortion, what not to do during mortgage preapproval, and 5 questions to ask when helping an older parent with money.

MOHELA Senate Hearing: What Student Loan Borrowers Should Know
If MOHELA is your servicer, you’ll continue to make student loan payments as usual. But in the long run, lawmakers could step up scrutiny of MOHELA and other federal servicers.

New Rules: Pregnant Workers Must Get Time Off for Birth, Abortion
Regulations under the Pregnant Workers Fairness Act include time off for childbirth, abortion, miscarriages and more.

What Not to Do During Mortgage Preapproval
You could hurt your home loan application by taking on new debts, changing jobs or otherwise calling your financial stability into question.

5 Questions to Ask When Helping an Older Parent With Money
Credit still matters as we age. Here’s how you can help parents or other older adults check in on theirs.

What caring for an aging parent could cost you

February 16, 2022 By Liz Weston

Trying to work while caring for an aging loved one can be difficult, stressful and at times overwhelming. Many people feel they must quit, take a leave of absence or at least reduce their hours in order to cope.

Sometimes, caregivers have little choice. But often people don’t realize the heavy financial toll they’ll pay or adequately research options that could allow them to keep working, says Amy Goyer, AARP’s national family and caregiving expert.

“When you’re in a caregiving crisis, you can make a decision out of stress and fatigue and fear,” Goyer says. “It’s important to make work decisions and financial decisions from a more objective place.”

In my latest for the Associated Press, a look at how to manage the costs.

Tuesday’s need-to-know money news

July 26, 2016 By Liz Weston

hidden-fees1 Today’s top story; How a Trump win could impact college students. Also in the news: Tips on caring for aging parents, what you need to know about online lending services, and financial apps that will save you money this summer.

4 Ways a Trump Win Could Impact College Students
Looking ahead to a possible Trump presidency.

Caring for Aging Parents: Tips for the Sandwich Generation
Finding time to take care of yourself.

What You Should Know About Online Lending Services
Fast money could come at a very steep price.

7 Financial Apps to Save You Money This Summer
Savings at your fingertips.

Tuesday’s need-to-know money news

April 14, 2015 By Liz Weston

Today’s top story: How to finish your taxes before the deadline. Also in the news: How to file for a tax extension, when your employer can check your credit, and why you need to pay close attention to your parents’ financial advisors.

The Procrastinator’s Guide to Finishing Your Taxes
The clock is ticking.

How to File for an Extension
Buying some time.

When Can Employers Check Your Credit?
Far less often than you might think.

Hidden Dangers With Aging Parents’ Financial Advisors
Paying close attention is vital.

The Ultimate Tax Day Guide: Post Office Hours, Freebies and Expert Tax Refund Tips
Free shredding!

Wednesday’s need-to-know money news

July 30, 2014 By Liz Weston

Today’s top story: What to do when your aging parents need financial help. Also in the news: three things homebuyers should know, but don’t, how to revive your New Year’s financial resolutions, and five things to ask an investment adviser before you turn over your money.

When Aging Parents Need Financial Help
How to deal with a delicate situation.

3 Things Homebuyers Should Know, But Don’t
These are important.

9 Ways to Revive Your New Year’s Financial Resolutions
Remember those resolutions?

5 questions advisers must answer before getting your money
Don’t give them your money without these answers.

5 Things You Should Probably Pay Someone Else to Do
DIY can become costly in the long run.

Wednesday’s need-to-know money news

January 22, 2014 By Liz Weston

Today’s top story: Preparing to deal with debt collectors. Also in the news: Getting financial help while caring for elderly parents, why parents’ personal finance decisions are changing, and how to avoid being scammed by the wolves of Wall Street.