Mid Life Americans Providing More Financial Support
As we age longer, start families later, many of us can find ourselves in the middle of the “sandwich”. This sandwich talks about the strain between being pulled in 2 directions heavily on time and resources.
Those resources are the center of this story in Financial Advisor Magazine. They talk through how more and more mid-life adults in the US are being tapped financially on multiple sides. The top areas where they are helping elder relatives out are in groceries, housing and medical according to a recent survey by the AARP. But many are also tasked with helping adult children.
This creates obvious strain and stress. It underscores the importance of financial planning at ALL life stages - to not spend down to quick, to be cautious on entering into big ticket expenses, etc. Its a good read and worth the time if you are in the middle of this sandwich - or even if you aren’t.
10 Best Places to Live if Recovering From Divorce
Ok, divorce sucks. In SO many ways. Relocation often is not a possibility, especially if you have children. But this article on CNBC does call out the 10 best places to recover from divorce according to Lending Tree.
Hartford, CT comes in at number 6 when looking at factors like median income, dating prospects, remarriage risks, etc.
A Local Grandparent Program
Waynesboro, PA has a wonderful program of “volunteer” grandparents who will volunteer their time to read to, play with, and take an interest in youth in their community. They follow one woman in her service at the Waynesboro Day Care Center where she reads to and plays with kids for hours at a time.
These seniors may have their own grandchildren, and may have families that completely fulfill them, but they find value and purpose on serving others and connecting with our youth. It brings us back to the old proverb, “it takes a village to raise a child.” Passing on our wisdom is a moral responsibility that we have - this Intergenerational transaction benefits all. The more we connect, the more we learn from each other, and the more complete and fulfilled we become. Create and maintain relationships in your life :)
“Wisdom is a shelter as money is a shelter, but the advantage of knowledge is this: Wisdom preserves those who have it.”
Ecclesiastes 7:12 NIV