Managing Finances For A Loved One With Dementia

Chris Farrell •
Forbes

Credit: Shutterstock A classic early warning sign of cognitive decline and possibly dementia is losing the ability to manage your personal finances. And that can lead to a host of challenges if you are the daughter, son, wife, husband or partner of a loved one in this situation. As Mona Rawlings, of Mendota Heights, Minn.,

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Liz Weston: How to help your parents protect their money

LIZ WESTON •
The Associated Press
Liz Weston: Retirement advice from retired financial experts

Our financial decision-making abilities peak in our 50s and can decline pretty rapidly after age 70, researchers tell us. That’s how otherwise smart older people fall for sweepstakes frauds, Nigerian investment schemes and the grandparent scam, where con artists pretend to be grandchildren in a financial jam. But few people want to hear that they’re

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Nine parents reveal the money habits they refuse to pass on to their kids

Business Insider •
Business Insider
A deck for backyard living is a must with rowdy kids....

From when to say “please” and “thank you” to how to drive a car, we learn a lot from our parents.  Oftentimes, that includes picking up on their money habits as well.  And while some of that financial wisdom consists of worthwhile advice that we’ll turn around and pass along to our own kids, other habits are better off forgotten. 

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