Parents in their 60s want to start investing My parents are 60 and 62 years old and are curious about investing. Neither of them have ever really invested before, and pretty much have zero retirement savings other than about $100,000 cash left over from selling their home and downsizing (their new home is completely paid off). They are semi retired in that they only work 1-2 hours per week…

Teen, working at parents restaurant looking to save up for a car I just turned 15 a few weeks ago and i’ve been wanting to save up for a car, i’m planning to start driving school around christmas but beforehand i wanna get a car so i can be able to practice driving with my parents or my self without the risk of crashing my parents cars. During school i would only work weekends, I make 17 the hour and the hour…

Written into parents timeshare without consent Saw another post asking about their grandparents timeshare and it made me think. My mom let me know she listed me as the beneficiary for her timeshare when she passed, but I didn’t sign anything. Was she able to do that? And how would I get out of it if I don’t want it as she’s saying they need her to write someone in. Thank you! submitted b…

What should my parents do? They are extremely bad with money they have no retirement, savings, investments or home. They rent a huge house and have gross income of around 300k I’m assuming they probably have around 70k-80k of debt because of the Mercedes and I’m starting to become worried because they are reaching the end of their 40s with no retirement plan. Is it too la…

How are my parents being scammed on their whole life insurance? I’m 22 and I feel like my parents are getting scammed, but I don’t know how. This is mostly out of curiosity, because I don’t really think I’ll intervene at this point because they’ve been paying it for 20 years already and are adamant that their policy is good. My mom in particular is pro-WLI because her dad passed away early and the family rec…

Travel with parents..but food options? Hi all, I was planning a vacay with parents sometime around August end-Sept start and was exploring European countries. Mostly UK will be one of our stops. Also we don’t have Schengen visas, so some options closed there. Also we are all pure vegetarian. I’m certainly sure veg choices across Europe are pretty limited. Are there some countries we …

Parents selling their house. Hey guys. I just heared from my parents they got accepted into renting a 55+ house here in the netherlands. They currently pay 750 a month for their mortage. (New house is 550 a momth) They are getting old and don’t need the space they currently have in their home. Also lots of stairs. Both just retired. All in all when they sell and pay off the…

Vegas trip for Parents, Can it be fun? My parents are travelling to the US from India for the first time. We stay in San Jose, so we would be doing a lot of weekend trips in the Bay Area. However, they are planning on travelling by themselves as well and wanted to explore west coast. About them: They love nature, they are fit so walking should not be a problem. They love music so i’…

Any tips for parents? Hi all, I hope this question is allowed. My husband and I are about to be parents, and we’d love some tips on how to take candid photos of each other and our new baby. We’re open to doing online courses, or watching hours worth of YouTube videos. We don’t have a huge budget, but we’re willing to spend a bit of money on courses. (Free would of co…

Parents of Michigan School Shooter to Be Sentenced for Manslaughter Jennifer and James Crumbley, whose son killed four people, each face up to 15 years in prison. In memos last week, prosecutors revealed that they had asked for leniency.

Renting to Parents, Are there benefits? My parents are getting a little older but they still work and pay rent for their current house. I’m potentially purchasing a property that has a secondary housing unit on site, they said they would love to come live there and pay their share of the costs. Does it make sense to draw up a rental agreement for them to collect money and report it as…

Advice for parents IRA My parents purchased GIB (fixed annuity ) in 2011 The value of their contribution has stayed the same for 13 years (2024 now ) They purchased Retirement Cornerstone B through Equitable Unfortunately they realized too late they got suckered and the only people who made money was the company and agents through fees Is there any product that the…

Proof of Rent from my boyfriend’s parents Apologies if this is in the wrong place but I’d love some advice please! I (22f) am currently living with boyfriend’s (24m) parents and have been for a year and a half now. I moved away from my family home purely as I work locally to my unofficial in-laws, so it just made sense. I have been paying £200 per month as “rent”, my boyfriend does the …

How and Why Teens Manipulate Their Parents WebMD explains why and how teens manipulate their parents and how parents can respond effectively.

Travel planning as parents – places that are magical (not just tolerable) with children I am in the fortunate position of being able to plan for some future travelling with my family which includes a young kid. There are plenty of destinations and trips that are not suitable for young kids, or just plain not enjoyable. But there are plenty that are even more fun (or just a different type of fun) with a kid. What are some trips/dest…

How to Talk to Your Parents About Their Estate Plans Without It Being Awkward If you want to honor your parents’ wishes, you have to start by knowing what those wishes are.

My sister’s university wants my parents to amend their taxes Hi all. I’m so confused so maybe anyone who has an understanding of how this works can help me out here. For context, I (25) went to college on full scholarship & graduated in 2020. I have 6 siblings from my mom & step dad, who married officially in NY in 2012, separated in 2018 and are currently back together again (2023). My oldest younger sis…

Being added to parents mortgage Hi all, not too familiar with mortgages so I figured I’d post questions here My parents want to add me to their mortgage (they will be on the mortgage too) to assist with refinancing. They are stating this will benefit me as well and in the event they pass away I will be left with the house. I graduated university about 2 years ago and have a p…

My brother and I want to pay ALL of my parents bills, how can we do so? as the title says, is there a way to set up an account or something that would allow us to add money in every month for their bills to autopay themselves and the account to be set up in a way to not be able to withdraw without the other’s approval? or anything of the sort? all my parents bills come at around $1500 a month in total, they own thei…

Wedding gift from parents I (31F) was engaged and called off the engagement a few months ago. Before the engagement ended, my parents had agreed to put 10k towards the wedding. Because of some recent health issues which led to me losing my job, and some big purchases I had to make, I have unfortunately gotten into some credit card debt (I have 0% APR for the next 8-14 mo…