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Money and Finances
Reply to "Pre-paid reloadable credit cards for seniors?"
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[quote=Anonymous]My mom lives in an out-of-state assisted living facility and needs about $200 a month from family members for things like haircuts and clothes. She is absolutely terrible with money and has overdrawn her account a few times, which we ends up costing additional money. Normally, I just sporadically send her cash, but I can never tell if she got the money, and I think sometimes she loses it. Or, if she's short on money, she won't tell anyone and will just overdraw her account. She also has trouble getting to the bank because she can't drive. How do I get her a steady stream of cash that she can easily access but can't spend all at once? Are there reloadable pre-paid credit cards for seniors? Something that I could give her but then reload from my own home each month? Or, do I just need to automatically transfer money to her account each month and hope she doesn't overdraw her account again? I feel like there must be a solution I'm not thinking of.[/quote]
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