One of the 5 P’s of Life is “Personal Finance” – your money. While money isn’t everything, it helps you achieve the lifestyle you want to live. Every Tuesday, we tweet personal finance tips to help you achieve your financial goals. Click here to follow us on Twitter. Below are some tips we tweeted during August.

Before moving your loved one into assisted living compare pricing with independent living + in-home care.

When moving aging parents into a nursing home, consider renting their home to cover home expenses if you cannot sell it.

Even if you have insurance you need an emergency reserve in the event your insurance doesn’t pay your claim.

Before signing your divorce decree, understand tax implications for alimony, child support, healthcare and retirement.

Follow us on Twitter for personal finance tips every Tuesday. References for our personal finance tips are listed below – click on the title to go to the link.

REFERENCES:

Hidden Costs of Assisted Living

Who Pays for Mom’s House After She’s Moved to a Nursing Home?

Insurance, the Flying Toilet, and the Leaky Body?

5 Tax Effects From Your Divorce