104. The Financial Toll of Caregiving of Aging Parents with Basiliso Moreno

Share Your Thoughts!Basiliso Moreno discusses the challenges faced by the sandwich generation, particularly in caregiving for aging parents while managing their own families. Basiliso shares his personal journey, highlighting the emotional and financial strains of caregiving, the importance of planning for healthcare needs, and the resources available for financial support. He explains the cultural aspects of caregiving in the Latino community and offers practical advice for those navigating similar situations. In this conversation, Bas Moreno discusses the complexities of Medicare and Medicaid for older adults, the challenges faced by the sandwich generation, and the importance of financial literacy within the Latino community. He emphasizes the urgency of securing Medicare and Medicaid amidst potential cuts and highlights the need for open conversations about caregiving and financial responsibilities. The discussion also touches on the impact of the current administration on financial planning and the mental health of seniors.Get the full chisme on the blog:https://moneychisme.com/the-financial-toll-of-caregiving-the-sandwich-generations-struggle/Connect with Bas Moreno:Https://www.instagram.com/basmorenoconsultingSchedule a Free 25 minute consultation:https://calendly.com/basmoreno/consultationSupport the showSign Up for the MoneyChisme & Raíces NewsletterResources:Start Investing with M1Finance or FidelityFinance Books to Start Your JourneyOpen a High Yields AccountSupport/Apoya MoneyChismeDisclaimer: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.