Credit card debt among seniors is up 26 percent according to some studies. Problems with finances can arise even if your parents have always been responsible with their spending and budgets. Dementia, depression and other factors can affect their ability to make sound decisions. How can you tell if your parents are having financial troubles and what can you do about it if you suspect they are? Read the following article from MSNBC for some tips:
Helping aging parents dig out of debt
Thursday, December 24, 2009
Caring for Your Elderly Parents Finances in Troy, MO
Labels:
aging,
caregiving,
dementia,
Depression,
elderly,
finances,
memory loss,
seniors
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