You know you are a senior citizen when ...
8 years ago
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Teaching Financial Responsibility to a Senior Citizen
Comments (33)....take over her bill paying, and then giver her an allowance. Not knowing whether or not a financial Power of Attorney has been conferred, I'd be hesitant to recommend taking the responsibility of discharging another's debt. What would that mean? Paying out of your own pocket? Sign her checks for her? You can't legally sign another's checks without the granted power to do so. Perhaps the least intrusive and easiest thing would be to have her son's name added to her checking account. Even though my brother had my Mother's financial POA and took charge of asset management, etc., I had the responsibility of keeping up with the everyday things. I simply had my name added to her checking account when she was beginning the slide into Alzheimer's and getting farther and farther removed from taking care of her affairs. I seem to recall it was nothing more than a quick visit to the bank, signing a paper providing my SS#, etc. and ordering a new set of checks. I also understand what it is to try and engage a senior in other activities - sometimes it's just not in the cards. Either they're not joiners by nature or as they age there's a certain fear in trying new things that are a little outside of their comfort zone. My Mother gave up playing golf with the local ladies league at age 85 and we never could come up with something/anything even remotely close to replacing the enjoyment she got from that. From what the OP has written, it does seem her MIL is just aging and that bad habits are becomming magnified; she doesn't quite recognize her spending habits as unusual or that she's being taken advantage of by her sister. It might not be any one of the dementias one could put their finger on right now. It could be in the future....See MoreRebate for Senior Citizens... Don't miss out!
Comments (4)Azzalea, here's your answer from the IRS website: "Q. If an individual dies, what happens to his or her direct deposit or stimulus check? A. Stimulus payments will be issued in the name of the individual eligible for payment on a filed 2007 income tax return or to the account designated by the individual on that return. Any issues or concerns involving a decedent's filed return or the related stimulus payment should be addressed by the legal representative of the decedent's estate. [New 2/27/08]" Here is a link that might be useful: Q&A for Stimulus Payment...See MoreSenior citizen discount
Comments (13)Yeah, Lindakathy's link sounds like it might be more realistic. But both say the Salvation Army's discount is "up to 50%." I'm there a lot, and never heard of anyone getting a senior discount. I'll bet when I ask, the employees will stare blankly at me. LOL I'll ask at Wendy's and Burger King, too. I'm not there often, but every little bit helps. I'll check out Big Lots, although I suspect it's not actually 30%. And of course I'll look for an excuse to stay at the Waldorf so I can get that $5,000 off the Presidential Suite. ;-) Thanks for bringing this to our attention!...See MoreWhat is the age you start to get senior citizen discounts?
Comments (10)We just enrolled in AARP so I need to check out some of the advantages. We also have some AAA discounts that we don't always use. They(AAA) has a good discount for eyeglasses if you get them from one of the stores they recommend. LensCrafters is one.DH got 30% off there on his eyeglasses. I thought that was pretty good. We also have the Golden Buckeye Card. I have yet to use that and have had it for some time now. I always forget to ask. When I was 50 the last thing I wanted to think about was a senior discount.LOL Thanks for the link....See More- 8 years ago
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