Wednesday, August 17, 2011
Tuesday, August 9, 2011
When They Won’t Spend the Money
Sometimes resistance couched in financial terms has little to do with money at all. Maybe a parent can’t accept his need for help, dreads dependency and loss of control, fears mortality itself. “I can’t afford it” provides a good all-purpose excuse.
Or maybe, Ms. Moscowitz points out, what connects busy children to their parents are tasks and obligations, leaving the elders to wonder: “If I hire someone to do what my daughter does for me, will I see my daughter?”
Having money and not spending it may be a problem lots of caregivers wish their families had, but it’s a problem nonetheless. “Money is a very emotionally charged issue,” Ms. Modigliani said. “It’s hard for rationality to rule.”
Read the whole article
Or maybe, Ms. Moscowitz points out, what connects busy children to their parents are tasks and obligations, leaving the elders to wonder: “If I hire someone to do what my daughter does for me, will I see my daughter?”
Having money and not spending it may be a problem lots of caregivers wish their families had, but it’s a problem nonetheless. “Money is a very emotionally charged issue,” Ms. Modigliani said. “It’s hard for rationality to rule.”
Read the whole article
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