Mom and Dad, We Need to Talk (About Your Finances) [Book Review]

Whether you have your financial house in order or you’re still learning to manage your money, you might find yourself in the position of taking charge of your parent’s finances.

If you think you and your parents are too young to worry about their financial futures, please reconsider.

While we all hope our Mom’s and Dad’s live long and healthy lives, you probably know someone who’s already lost a parent. Or someone who has a parent needing some level of support from their children.

And the older everyone gets, the sooner your parents may need help.

But talking about your parents’ financial situation can be a really challenging conversation — which is why many people avoid it. Not only is money a taboo topic in many families, but aging is too.

That’s why it’s incredibly important to have helpful resources available like Cameron Huddleston’s new book, MOM and DAD, We Need to Talk.

Having Financial Conversations

While some can navigate topics like estate planning and long-term care with their parents, others fear bringing it up.

And some parents are reluctant to discuss their finances with their children even when they know they should.