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Stuck in the Middle_ Finances, Family and Finding Freedom

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Manage episode 501299436 series 3570711
Content provided by Natalie Kime. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Natalie Kime or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Tell Natalie what you love about this episode, text here!

In this episode of "Nickels and Dimes," host Natalie Kime explores the financial struggles of the sandwich generation, those supporting both aging parents and children. She discusses common challenges like outliving savings, unexpected care costs, debt, and guilt, while sharing statistics on the group’s stress. Natalie offers practical strategies, including purposeful budgeting, insurance protection, retirement saving, legacy planning, and seeking financial help. Emphasizing self-care and small, actionable steps, she encourages listeners to take control of their finances, providing hope and guidance for those feeling overwhelmed by multigenerational responsibilities.

  • Financial challenges faced by the sandwich generation
  • Emotional and financial stress related to caregiving responsibilities
  • Statistics on the financial strain experienced by caregivers
  • Major financial concerns: outliving retirement savings, unexpected care costs, debt, and budget strain
  • The impact of emotional guilt on financial decision-making
  • The absence of a clear financial roadmap for managing competing demands
  • Practical strategies for financial management and empowerment
  • Importance of budgeting with purpose and prioritizing protection through insurance
  • Encouragement to save for retirement, even in small amounts
  • The value of seeking financial help and education for better decision-making

Get my FREE Financial Check-up Guide
Connect with me on:
Facebook
Instagram
LinkedIn

  continue reading

76 episodes

Artwork
iconShare
 
Manage episode 501299436 series 3570711
Content provided by Natalie Kime. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Natalie Kime or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Tell Natalie what you love about this episode, text here!

In this episode of "Nickels and Dimes," host Natalie Kime explores the financial struggles of the sandwich generation, those supporting both aging parents and children. She discusses common challenges like outliving savings, unexpected care costs, debt, and guilt, while sharing statistics on the group’s stress. Natalie offers practical strategies, including purposeful budgeting, insurance protection, retirement saving, legacy planning, and seeking financial help. Emphasizing self-care and small, actionable steps, she encourages listeners to take control of their finances, providing hope and guidance for those feeling overwhelmed by multigenerational responsibilities.

  • Financial challenges faced by the sandwich generation
  • Emotional and financial stress related to caregiving responsibilities
  • Statistics on the financial strain experienced by caregivers
  • Major financial concerns: outliving retirement savings, unexpected care costs, debt, and budget strain
  • The impact of emotional guilt on financial decision-making
  • The absence of a clear financial roadmap for managing competing demands
  • Practical strategies for financial management and empowerment
  • Importance of budgeting with purpose and prioritizing protection through insurance
  • Encouragement to save for retirement, even in small amounts
  • The value of seeking financial help and education for better decision-making

Get my FREE Financial Check-up Guide
Connect with me on:
Facebook
Instagram
LinkedIn

  continue reading

76 episodes

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