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pressure


Question Posted Thursday August 28 2008, 11:21 pm

my dad gave me access to his account so we get to see whats happenin... now he and my mum retired and have no real source of income... and over 3 years it has gone down sooooo much!!! i mean we use 10 grands minimum each months for house expenses and stuff! i am no accountant but i want to help out ... i mean we already get 5% for it each months and all but is there anyway i could increase it say some sort of investment or something?!?! my parents are use to living comfortable and things aren't going to be soon. and my dad can't say no and my mum doesn't comprehend anything!!!! what should i do???? no one listens to me because i am the youngest and so there is no use in talking them into cutting expenses!!! help i am so worried...

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Elcee answered Friday August 29 2008, 4:50 am:
The best advice I can give you is for you to make an appointment with an accountant or the bank and explain the situation to them (with your parents consent). They are the ones in the best position to be able to talk you through the many options that are available. If your parents do not give their agreement to talking about them with professionals, then I suggest that you talk to them about your situation and find the best way to help your Mum and Dad out financially yourself. I hope that everything works out well for you all. Good luck.

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