“The Sandwich Generation”

Is anyone in this type of situation?

Ironclad Finances

The Simple Dollar had a great post this week by Trent Hamm entitled “The Sandwich Generation and You.” “The Sandwich Generation” consists of those people who are supporting both their children (either minors or adults) and their parents. Stuck between both financial and emotional support of both children and parents, this group of people can be in a very bad position for planning their own future.

Hamm’s post is great because it goes into some ideas on how you can lessen the impact this situation may have on your life. The biggest issue is to talk things through. You don’t want to be in a position where you are blindsided and find out that your parents or an adult child needs financial help from you.

If your family is not one that is comfortable talking about money, then sorting through the situation can become even more important. Maybe…

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