finances | Her Mentor Center

Tag Archives: finances

Sandwiched Boomers and Multi-generational Housing

by phyllis, February 5, 2009

The stimulus package is growing larger by the day in the Senate, where the addition of a new tax break for homebuyers sent the price tag well past $900 billion. “It is time to fix housing first” said the Republican Senator from Georgia Wednesday night as the Senate agreed without controversy to add the new tax break to the stimulus measure, at an estimated cost of nearly $19 billion. The tax break was the most notable attempt to date to add help for the crippled housing industry. In the meantime, … Continue reading →

Posted in sandwich generation, your self | Tagged finances, multi-generational housing, retirement, Sandwiched Boomers, Senate, stimulus package, tax break, unemployment | 2 Comments

Respect their Boundaries

by rosemary, January 28, 2009

Follow these tips to develop a bond with your son-in-law that will grow through the years. As an accepted mother-in-law, you can enjoy the connections with your new family member. Avoid hot button issues like finances, religious observances, and work/home responsibilities. By taking sides, you make it harder for the newlyweds to sort out these issues for themselves. When you have expectations that are not shared by them, recognize that now it’s their turn to make this type of decision. Be available to help when asked but don’t intrude. As … Continue reading →

Posted in adult children, extended family, parenting kids | Tagged family, finances, friends, Marian Robinson, Michelle Obama, mother-in-law, President Barack Obama, son-in-law, Wild Things | Leave a comment

by phyllis, November 3, 2008

Well, Sandwiched Boomers, it’s down to the wire with election day tomorrow. There’s a buzz in the air as voters passionately discuss the critical issues – national security, health care and especially the economy. With the recent confirmation that we are definitely in a recession, the “generation between” – those facing challenges with aging parents and growing children – is coming up with creative ways of dealing with the economic downturn. One idea is having aging parents – on fixed incomes and who need more help – move in. Some … Continue reading →

Posted in sandwich generation, your self | Tagged aging parents, barter, election, finances, genbetween, growing children, recession, Sandwiched Boomers, support | Leave a comment

by rosemary, March 19, 2008

As a Baby Boomer, are you in agreement with the results of an American Association of Retired Persons’ position paper – that the definition of work in retirement will be uniquely yours? Fully 80% of those who responded to the survey expect to continue some type of work after they reach retirement age. Many women don’t have control over the decision regarding changes in their work situation. They may be faced, unexpectedly, with the loss of a job or a business. Or, out of financial necessity, they have no choice … Continue reading →