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How To Care for Your Elderly Parents

September 24, 2018 | Leave a Comment

how to care for your elderly parents

As you know, Kids Ain’t Cheap normally talks about young children and finance. However, as children grow up, they sometimes find themselves in the parenting/guardian position. In somewhat of a role reversal, older parents often end up needing assistance from their children. So, we felt this was an important topic to talk about.

Once your parents reach Social Security retirement age, Medicare becomes a significant part of their lives. The program provides them with a certain level of medical insurance, ensuring  more manageable expenses. This is especially important once parents are no longer working. You, as the adult child, may have to play a major role in this process. Here’s how to care for your elderly parents via Medicare coverage.

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Tamila McDonald
Tamila McDonald

Tamila McDonald is a U.S. Army veteran with 20 years of service, including five years as a military financial advisor. After retiring from the Army, she spent eight years as an AFCPE-certified personal financial advisor for wounded warriors and their families. Now she writes about personal finance and benefits programs for numerous financial websites.

Filed Under: Medical Tagged With: elderly parents, medicare

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Basic Principles Of Good Parenting

Here some basic principles for good parenting:

  1. What You Do Matters: Your kids are watching you. So, be purposeful about what you want to accomplish.
  2. You Can’t be Too Loving: Don’t replace love with material possessions, lowered expectations or leniency.
  3. Be Involved Your Kids Life: Arrange your priorities to focus on what your kid’s needs. Be there mentally and physically.
  4. Adapt Your Parenting: Children grow quickly, so keep pace with your child’s development.
  5. Establish and Set Rules: The rules you set for children will establish the rules they set for themselves later.  Avoid harsh discipline and be consistent.
  6. Explain Your Decisions: What is obvious to you may not be evident to your child. They don’t have the experience you do.
  7. Be Respectful To Your Child: How you treat your child is how they will treat others.  Be polite, respectful and make an effort to pay attention.
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