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April 15, 2024

5 questions to ask when helping an older parent with money

  • Here's what to ask if you don't know where to begin.
    • By JAE BRATTON
    NerdWallet

    Conversations about money often require sensitivity and patience, especially when the person across the table is an older parent.

    Some of us won't need — or want — to get involved in someone else's finances. But others may have to take an active role in helping an older parent manage their money. If that's the case for you, don't neglect a discussion about credit. Good credit matters throughout life, so any conversation you have with a parent should focus on building and maintaining healthy credit.


     
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