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On The Money-NerdWallet-Credit Older Parents
FILE - In this June 15, 2018, file photo, cash is fanned out from a wallet in North Andover, Mass. Conversations about money often require sensitivity and patience, especially when the person across the table is an older parent. Some of us won’t need — or want — to get involved in our parents’ finances. But others may have to take an active role in helping a parent manage their money. (AP Photo/Elise Amendola, File)

5 questions to ask when helping an older parent with money

Conversations about money often require sensitivity and patience, especially when the person across the table is an older parent

By JAE BRATTON of NerdWallet
Published - Apr 10, 2024, 07:05 AM ET
Last Updated - Apr 10, 2024, 07:05 AM EDT

Conversations about money often require sensitivity and patience, especially when the person across the table is an older parent.

Some of us won’t need — or want — to get involved in someone else’s finances. But others may have to take an active role in helping an older parent manage their money. If that’s the case for you, don’t neglect a discussion about credit. Good credit matters throughout life, so any conversation you have with a parent should focus on building and maintaining healthy credit.

Here are five credit-related questions to ask older parents if you don’t know where to begin.

1. WHAT’S YOUR CREDIT SCORE?

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