When it comes to money, older generations have the tendency to be tight-lipped about this subject. But as they grow older, the children will usually find themselves in the position of handling their parent’s finances as they provide care
Category: Family Matters
Fact: Elders are easy prey for scammers. And the reason for this is that their cognitive ability is already deteriorating due to aging that deceitful individuals and/or companies will take advantage of their condition to swindle money. And since elder persons are less suspicious about others, they are easily fooled by those who knock at their door under the guise of a kind-hearted gentleman.
Aging is a fact of life. And as we age, our ability to handle certain responsibilities are somewhat limited. In fact, statistics show 29% of older adults ages 62 years old and above have difficulty in performing daily activities..