Wednesday, March 15, 2017

7 Signs Elderly Parents Need Help With Finances

Does your parent need assistance paying bills each month?

Has your parent forgotten to pay an important bill?

Does your Mom or Dad have a hard time keeping track of money?

If you answered, “Yes” to any of the above questions, then your parent may be showing signs of possible memory loss that could lead to financial problems down the road. You’re not alone! It’s very common nowadays for children to have to assist their parents with finances as they get older. You may have to re-teach them what they taught you ... to be financially responsible.

According to A Place For Mom, here are some warning signs that your parent(s) may need assistance:

Memory Care Ann Arbor
  1. Bills and mail are piled up and unopened
  2. Creditors are calling
  3. They’re mishandling money and unaware of finances
  4. They make sudden expensive purchases
  5. They’re complaining about not having enough money
  6. You suspect they’re victims of elder fraud or a financial scam
  7. They seem unable mentally or physically to keep up with daily living tasks

Are you still having problems dealing with your Mom or Dad’s finances? At Hillside Terrace, we understand that it can be a challenging time and we want to help you in any way we can to make things easier. We’re focused on holistically improving and maintaining the well-being of our residents through promoting independence, a stimulating environment, and building rapport.

Best Memory Care in Ann Arbor: Schedule a Tour Today!


Is your parent prepared for their end of life care? Discussing moving your parent into assisted living can be a scary thing for any adult to face. However, it’s the scary reality of so many in this country. We can help your family create peace of mind. When you’re at home, you’ll know your loved one is taken care of and in good hands!

For more information about memory care in Ann Arbor and the other services we provide, visit us at HillsideTerrace.net, or contact us here! Hillside Terrace – “Where our family shares life with your family!” Schedule a tour today!

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