How to ease financial strains while caring for your parents and children

CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" with tips on how to ease financial strains while caring for both your parents and children. A new survey shows 52% of these adults feel financially disadvantaged because of the support they're providing.

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Would you leave your children out of your will?

Trillions of pounds will be handed down in coming decades as part of the Great Wealth Transfer — but some parents are opting out
Financial Times - 6d
This should be your 'last resort' to cover an emergency expense, financial advisor says

Using forms of credit to pay for emergencies should be a "last resort," one financial advisor says. Here's why.
CNBC - Jan. 29
David Beckham shares ‘simple values’ his parents taught him that he passed on to his own children

"It's the simple values of treating everyone the same and showing respect to people and I tried to do the same with my children," says the former soccer star.
CNBC - Jan. 27
Disaster Losses Rose in U.S. in 2024 While Easing Globally

Damage from two hurricanes and a series of punishing wildfires left a price tag of $218 billion in economic costs last year, an 85 percent jump from 2023.
Inc. - Jan. 24
How to navigate financial recovery if you lose your home in a natural disaster

CBS News business analyst Jill Schlesinger joins "CBS Mornings" to explain how to financially recover and navigate your insurance claim if you lose your home in a natural disaster.
CBS News - Jan. 22
How to Use Parental Controls in Your Google, Apple, and Microsoft Accounts

The three biggest tech companies all offer a wealth of options to limit screen time, find lost devices, and more.
Wired - Jan. 20
Parents who make this simple mistake raise ‘mentally weak children,’ says psychiatrist: 'You are increasing your self-esteem by stealing theirs'

Parents who do too much for their kids are setting them up to lack crucial mental resilience, says psychiatrist and bestselling author Daniel Amen. Here's why.
CNBC - Jan. 18
Why the increase in child-care costs comes at a bad time for many parents

As more companies require remote employees to return to the office, working parents are struggling not only with upended schedules, but with the expense of additional child care.
MarketWatch - Jan. 17
Sibling rivalry: parents favour older children and daughters, study finds

International research also reveals conscientious or agreeable children are likely to receive preferential treatment. As Philip Larkin once noted, your mum and dad have a lasting effect on you. ...
The Guardian - Jan. 16
Take these steps to set financial goals for your family in 2025 — and reach them

How you and your partner can make saving easier, spending harder, and teamwork second nature.
MarketWatch - Jan. 11

How to ease financial strains while caring for your parents and children

Topics

Related

Would you leave your children out of your will?

This should be your 'last resort' to cover an emergency expense, financial advisor says

David Beckham shares ‘simple values’ his parents taught him that he passed on to his own children

Disaster Losses Rose in U.S. in 2024 While Easing Globally

How to navigate financial recovery if you lose your home in a natural disaster

How to Use Parental Controls in Your Google, Apple, and Microsoft Accounts

Parents who make this simple mistake raise ‘mentally weak children,’ says psychiatrist: 'You are increasing your self-esteem by stealing theirs'

Why the increase in child-care costs comes at a bad time for many parents

Sibling rivalry: parents favour older children and daughters, study finds

Take these steps to set financial goals for your family in 2025 — and reach them

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