People are living longer today, thanks to medical advances and more health-conscious lifestyles, but that has created a situation that previous generations didn’t often confront. Helping take care of your aging parents or other relatives, especially when it comes to managing and protecting their finances, has become a concern for this generation.   Cases of elder abuse are very common; however, many go unreported. Unfortunately, some elders suffer in silence because they are too ashamed to say anything.   Common forms of abuse:   (1) One of predators’ favorite targets is the elderly, and sophisticated scammers will call the victim and tell them that they owe a debt and will be legally prosecuted if they don’t pay. When the victim sends them funds, now the scammer may have access to their accounts. making it worse for the victim.   (2) Caregivers who are taking care of the victim may have easy...

Here you are — 20-something, just graduated and accepted your first “real” job. Your employer mentions the company’s competitive 401(k) plan and you already mentally write it off. With credit card bills, student loan debt, rising rents and low starting salaries, it seems obvious that saving or investing is the last thing on your mind. Multiple studies have shown that millennials/Gen Zs are “dramatically worse off financially” than older generations were at their age. According to a recent study released by Deloitte, comparing 2007 to 2017, millennials are spending 16 percent more on housing, 26 percent more on food costs, 21 percent more on healthcare costs, and 65 percent more on education. The struggle is real, but does that mean financial independence is unobtainable for our generation? Although the statistics may be true, millennials need to understand that what they have is TIME on their side. Investing is not just for...