Hope you really like books, because I got another one to share with you again today! ;) As well as next week too! (My friends are on fire over here! Haha…)
Today’s focuses on something you don’t often hear too much about though, even though it’s a SUPER important conversation to have whether we want to have it or not :(
The book’s called “Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances“, and comes from financial expert Cameron Huddleston who personally went through this uncomfortable situation after learning of her mother’s Alzheimer’s.
Here’s more from her website:
I know how hard it can be to have conversations with your parents about their finances, but I also know how necessary they are.
My mom was 65 when she was diagnosed with Alzheimer’s disease – I was only 35. I didn’t have any friends my age whose parents already were having memory problems or needing help with their finances. So I navigated the difficult process of talking to my mom about money issues on my own and eventually had to make all financial decisions for her.
This book draws on my experience as both a financial expert and a daughter who has had those essential money talks with a parent. Full of practical advice from my life, from others who’ve had the “talk,” and from financial, legal and elder care experts, Mom and Dad, We Need to Talk offers the following:
- Hope that these conversations can happen without being uncomfortable or unproductive through stories from those who successfully had the “talk.”
- A variety of conversation starters and strategies for people whose parents are reluctant to open up.
- Advice on what not to say.
- A detailed list of information to gather from parents and explanation of what legal groundwork needs to be in place.
- Tips on talking about more difficult topics such as long-term care.
- Cautionary tales from people who didn’t have conversations with their parents.
Designed for people at all income levels—wealthy, middle, and lower—the book helps anyone understand the ins and outs of their parents’ finances because they might have to help manage these finances one day. Mom and Dad, We Need to Talk is the essential guide for having productive financial conversations with parents that lead to meaningful action.
It comes out next week on the 25h (Tuesday), and you can learn more via Amazon here: Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances
(And if you’d like to pre-order it, you can grab yourself a free downloadable cheat sheet that gives you 10 excellent tips to review while you’re waiting for it to be shipped. More info on that here.)
Personally I haven’t had this talk as yet myself (my parents are still fairly young/healthy), but ever since they’ve retired we’re talking more and more about money and it’s been great. I even found out I’m the official executor of their estate, so they’re beating me to the punch here! ;)
I know this won’t be the case for everyone, though, so if you’re someone who desperately needs to have this conversation but don’t even know where to start, or how to go about it appropriately, this book might be the thing you need to gain that confidence.
To enter for a FREE copy of this book, answer the question down below and one of you will be the lucky new owner of it! Which I wish I could give to EVERYONE who needs it!
How long have you been waiting to have this “talk”? Has something specific spurred it, or do you just know it’s finally time to have it?
Drop your answers down below or via email, and we’ll randomly pick a winner after the weekend Monday morning, and then announce it here shortly thereafter. And for once it’s open to everyone *worldwide*!!!! Thank you Cameron + Publisher!! Haha…
Good luck, guys… Hope this was just the thing you’ve been looking for :)
(And congrats, C$!!)
UPDATE: Giveaway now over! Congrats to LeeAnne for winning the book! For everyone else I hope you’ll still consider picking it up or finding it at your local library! It hits shelves this week :)
Links to book above are Amazon affiliate links…
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!