Welcome to Money Care’s Blog
Tech to Help Older Adults from Afar
Before the pandemic, I traveled to work in person with many of my older clients. COVID-19 changed that. Suddenly, I was figuring out ways to provide services remotely with individuals who need support to manage their personal finances and who find computer technology...
Cut Spending and Save Money
The start of the new year gives people the motivation to make changes and begin anew. Many want to focus on saving money and spending less. If you share this goal, here are three ideas to cut spending and increase savings:
Assisted Living: The Money Questions to Ask (Before You Sign a Contract)
You may be ready to consider moving to an assisted living facility. Perhaps you no longer want to maintain a house. Perhaps you need just a little bit of assistance each day. Or, perhaps you want to be closer to your peers and social activities. No matter the reason, before you sign a contract, consider how this will work financially.
Are You Prepared for an Emergency?
In preparing for an emergency, a financial Grab-and-Go-Bag for vital documents (in addition to food and clothing) is essential.
Help for Seniors Experiencing Economic Hardship From COVID-19
Not only are older adults at high risk of contracting COVID-19, but many older Americans are also experiencing economic hardship in the wake of the pandemic. The National Council on Aging provides a free confidential service that helps adults 55 and older locate assistance.
Nine Things to Take Out of Your Wallet
A lost or stolen wallet is a gold mine to a thief but can be devasting to its owner. One line of defense is to be judicious about what you carry in your wallet. Here are things to keep out of your wallet.
Is it Time for the Daily Finances Talk with Your Aging Parents?
Talking with our aging parents about their finances can be tough. But it’s necessary. Start the conversation early before any major health or financial emergencies arise.
Go Ahead and Make That Donation: It’s Tax Deductible
This year only, American taxpayers can once again deduct charitable contributions on their 2020 tax returns. Taxpayers can deduct up to $300 in cash donations to qualifying charities over and above their standard deductions.
Economic Impact Payment Debit Cards: A Surprise, But Not a Scam
When my economic stimulus payment arrived in a prepaid debit card, I thought it was a scam. Once I figured out the card was real, I immediately sent the funds directly to my bank account. Here’s how.
COVID and Cash: Paying Bills In Uncertain Times
The COVID-19 pandemic has upended life across the globe and created financial stress for millions of individuals and families. We still have bills to pay. Putting together an emergency spending plan can help ease the stress and uncertainty of our current financial crisis.
