How should I talk to my parents about Carefull?
How you talk to your parents or loved ones about the Carefull app depends on where you are in your financial caregiving journey.
I'm not involved yet but see a need to monitor my parents’ finances
Approach the topic carefully (no pun intended) to avoid appearing as if you want to take control of your parents’ finances or take away any of their independence. Let them know you’ve found a service that will help protect their finances and allow you to be a second set of eyes to ensure their financial well-being. The goal is to highlight that you’re looking out for their best interests and that Carefull can help you do that.
I'm starting to help my parents with money matters
If you’re already helping your parents with money matters, talking to them about Carefull should be relatively easy because they already are accustomed to your involvement in their finances. Let them know that you’ve found a service that will help both you and them organize and protect their finances. Ask if it’s OK for you to link their financial accounts so Carefull can monitor them safely and securely for unusual transfers or transactions that could be signs of fraud (focus on the protection aspect of Carefull). It’s important to involve your parents in the decision to use Carefull to maintain their trust if they still are managing at least some of their daily money matters.
I am managing all of my parents’ finances
If you are your parents’ power of attorney and already are managing all of their finances because they no longer are able to, you can simply download the app and link their accounts to start monitoring them and receiving alerts.
Finally, we've put together two resources that you can download and print out for your parents as a way to start the conversation if you'd like:
A physical brochure detailing what Carefull does and how it works
Carefull's One-Pager for Older Adults, which provides a written overview for parents to help them understand
I'm not involved yet but see a need to monitor my parents’ finances
Approach the topic carefully (no pun intended) to avoid appearing as if you want to take control of your parents’ finances or take away any of their independence. Let them know you’ve found a service that will help protect their finances and allow you to be a second set of eyes to ensure their financial well-being. The goal is to highlight that you’re looking out for their best interests and that Carefull can help you do that.
I'm starting to help my parents with money matters
If you’re already helping your parents with money matters, talking to them about Carefull should be relatively easy because they already are accustomed to your involvement in their finances. Let them know that you’ve found a service that will help both you and them organize and protect their finances. Ask if it’s OK for you to link their financial accounts so Carefull can monitor them safely and securely for unusual transfers or transactions that could be signs of fraud (focus on the protection aspect of Carefull). It’s important to involve your parents in the decision to use Carefull to maintain their trust if they still are managing at least some of their daily money matters.
I am managing all of my parents’ finances
If you are your parents’ power of attorney and already are managing all of their finances because they no longer are able to, you can simply download the app and link their accounts to start monitoring them and receiving alerts.
Finally, we've put together two resources that you can download and print out for your parents as a way to start the conversation if you'd like:
A physical brochure detailing what Carefull does and how it works
Carefull's One-Pager for Older Adults, which provides a written overview for parents to help them understand
Updated on: 18/05/2022
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