#17 - Caring for Mom and Dad - Becky's Story

What happens when the roles reverse, and you become your parent’s caregiver? In this episode, Matt Meline and longtime friend Becky Pratt share a deeply personal journey through caregiving’s emotional and financial challenges. Becky reflects on her family’s experiences, from managing shared real estate to helping her mother transition into assisted living. She also shares practical tips for fostering family communication and solving challenging problems creatively. Becky’s insights will inspire and guide you whether you’re starting this journey or deep in it.Becky Pratt, CRCM, QRD®, is a seasoned leader in audit and banking with extensive experience as a Chief Risk Officer and Qualified Risk Director®. She has successfully guided teams through financial recovery and served on various boards, committees, and advisory roles. As Founder of Mattan Pratt Consulting, LLC, Becky specializes in strategic risk management, governance, and organizational design. She also coaches executive leaders and delivers impactful talks on board dynamics, governance, and leadership. Becky’s board service includes Wheatsfield Grocery, where she has contributed to a 30% revenue growth.Episode highlights:(2:01) Who is Becky Pratt?(6:21) Early caregiving experiences and family dynamics(8:22) Discovering and managing a complex family situation(11:55) Transitioning a parent to assisted living(13:54) The importance of communication and collaboration(17:02) Resolving financial and real estate challenges(20:13) Handling complicated parental relationships and decisions(22:21) Outro and disclaimer—I sincerely appreciate your support. Thank you for being a part of our podcast journey. If you haven't already, please subscribe to stay updated with the latest episodes. Your subscription means the world to me!I’d love to hear from you; here are some ways to connect:Web: https://www.prairiefirewealth.com/Email: [email protected] a copy of my book: Empty Nest, Full Pockets: How to Emotionally and Financially Prepare for Your Family’s Future at https://amzn.to/3PovUWM