How to Deal With Financial Stress

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This article has to do with dealing with financial stress in the “sandwich generation”, which means the millennials who are caring for both an aging parent or adult, and a baby or child. In fact, nearly 47% of adults in their 40’s and 50’s have a parent age 65 or older and are either raising a young child or financially supporting a grown child.

Supporting a multi generational household can cause extreme financial stress, not to mention stress in general from handling the needs and care of multiple people. That’s why you need to learn how to deal with this sort of financial stress before it ends up taking a harder toll on yourself than you thought it would.

For starters, you’ll need to plan to supper a multigenerational household and the logistical issues such as emotional, physical, and financial, that will need to be addressed. Communication is key to early planning, and there are a number of aspects to consider when planning how to have these sorts of conversations.

Read the full story here :: Financial Stress: Strategies for the Sandwich Generation