Reply to Helpful gadgets/devices to help aging parents. Here’s 2, any others?

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[quote=Anonymous]So when my aunt and uncle had a crisis earlier this year, we found no one really had a handle on their finances, so we had no idea what level of care they could afford.  I set them up with Monarch Money, which is an financial aggregator similar to something like Mint or YNAB, but it has the advantage of allowing you to give access to other people.

So I set up the account, pulled in all the financial data, categorized the previous year’s transactions, then was able to send invites to my cousin’s email accounts so they would be able to see everything.  So this way everyone was on the same page and we could see their income and how much they had coming in every month and where the money was going.  Turns out their pension income was much higher than anyone realized and made it easier to find an assisted living facility for them.

This is my referral link if you want a 30-day trial:  https://www.monarchmoney.com/referral/2rzwizdvx8

Or you can go straight to their website and do the 7-day trial: https://www.monarchmoney.com

It costs $100/year, but we’ve found it’s well worth it to be able to easily see what’s happening with their money and keep an eye on everything. [/quote]

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