Q. My parents are 70 and 72 and they are of sound mind. But they never want to talk about their finances, and I want to make sure they have enough because I can afford to help if they need it. How can I get them to talk?
Nationwide, there are 2.7 million grandparents raising grandchildren, and about one-fifth have incomes that fall below the poverty line, according to census figures.
It may be normal, but that does not make it ok. When it comes to playing favorites in a household, if a parent aligns him or herself with one child over another, it can disrupt the dynamic of the family.
You see it all the time in New Jersey: baby boomer parents helping their 20-something kids make rent or pay car insurance and credit card bills. Sometimes the parents even buy these grown children cars and condominiums.
Freshman year of college can be an exciting and scary milestone in a student's life. Most kids going away to school don't realize that their parents are just as scared as their kids are. Some parents may even be more worried about the start of college than their children are.