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John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Caregivers: 5 Signs of Declining Financial Capability

December 9, 2015 1:51 am

(Family Features)—If you've been entrusted to assist an elderly relative, you may struggle with knowing when it's time to take on a greater role. It is likely that at some point your loved ones' financial capability will be challenged as they age, making it more difficult to competently handle money-related matters on their own.

To best gauge their level of need, Ted Beck, president and CEO of the National Endowment for Financial Education (NEFE), recommends watching for the following signs:

1. Is the aging person taking longer to complete financial tasks? Does he or she struggle with everyday efforts like preparing bills for mailing, reconciling bank statements or organizing paperwork?

2. Is the person missing key details in financial documents? Are bills piling up and has he or she missed a payment? Is he or she able to prioritize his or her regular responsibilities?

3. Is your aging relative experiencing problems with everyday arithmetic? Maybe you recently went out to dinner with mom and dad, and while paying, they took an inordinate amount of time to calculate the appropriate tip.

4. Have you noticed a decreased understanding of financial concepts with your loved ones? Are they having increased difficulty comprehending health care matters like deductibles, or are they having a hard time understanding the bank statements they receive?

5. Are they having new difficulty identifying investment risks? Are they able to minimize the risks in potential investments? Did they recently fall victim to fraud or a scam because they could not spot the liabilities?

For both parties, approaching these discussions with candor and an open mind is critical, adds Beck.

"Especially if you're accustomed to handling money matters privately, learning to talk more candidly about your finances may be uncomfortable," says Beck. "However, allowing trusted individuals to take a closer look at your accounts can help you establish a realistic plan for the future, and help flag any potential concerns."

Source: NEFE

Published with permission from RISMedia.


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5 Themes to Inspire a Kitchen Upgrade

December 9, 2015 1:51 am

The kitchen is the heart of the home—and whether you’re listing today or in the near future, it will be the prime selling point for buyers. To attract offers, it’s important your kitchen play into a cohesive theme that’s not only stylish, but also functional.

Not sure which theme is right for you? Get inspired with the ideas below, courtesy of the experts at Cornerstone Design and Remodel.

1. Minimalist – For fans of simplicity, minimalism thrives on light colors like eggshell or taupe, which help open up the kitchen. These muted tones work well as a wall color or in a floor tile. To continue the clean look throughout the space, install floating shelves and built-in storage spaces over cabinets, and avoid a kitchen island, if possible. For a finishing touch that breathes life into the design, add a house plant, herbs or other greenery.

2. Rustic –Rustic design is centered on natural finishes and accents. Install a dark, natural wood or stone tile on the floor, and look for deep, rich colors, like mahogany, for your cabinets and kitchen table. Warm light complements this style best, so avoid fluorescent bulbs in your lighting fixtures. Create a sense of quaint comfort with wall-mounted pots and pans and an in-kitchen fireplace.

3. Modern – Modern designs revolve around metallic and monochromatic color schemes. Think stainless steel appliances with white cabinets and a black-tiled floor, along with pendant lighting and well-organized countertops, to bring this theme to life.

4. Southwestern – For those who aren’t afraid of color, Southwestern-style design boasts artistic flair with cheerful yellows, oranges and reds. To carry this theme through your kitchen, install warm-colored tile, hang folk art or display pottery. Keep your appliances neutral to avoid “color clutter.”

5. Utilitarian – In utilitarian design, aesthetics are second to functionality. Focus on creating ample counterspace and storage. Add accessories that foster organization, like a wall-mounted spice rack, and one or two well-placed art pieces for personality.

Source: Cornerstone Design & Remodel

Published with permission from RISMedia.


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