7: Financially Supporting a Parent (Our Story)

Julien and Kiersten Saunders (@richandregular) are discussing their personal experience of moving their mom out of Senior housing and taking on the role of financially supporting a parent. Caring for elders and children at the same time isn’t a new concept, but a recent report suggests that modern caregivers are younger and more ethnically diverse and newer to caregiving as a whole. Millennials and Gen X’ers are feeling the squeeze. 

We don’t have any magic solutions, but in this week’s episode, we share: 

• How Julien’s upbringing and cultural norms impacted his financial planning 
• What led us to step in and provide financial assistance 
• What it means to be part of the “sandwich generation”
• Our favorite resources on navigating difficult money conversations with parents

Full show notes and resources can be found here: www.richandregular.com/listen 

Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers

See omnystudio.com/listener for privacy information.

Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.

Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life.

Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by Forbes

If you would like to learn more about investing, check out our newest class, Making Money Grow