Looking for Ways to Financially Aid Aging Parents

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The Global Social Enterprise Initiative (GSEI), part of Georgetown University’s McDonough School of Business, is partnering with the AARP Foundation to seek out ways that seniors can better manage their finances and reduce their debt. The first step in this ambitious program is what they are calling an “Ideation Challenge,” to be held April 16, 2016.


JMM_0562.JPGAt this Ideation Challenge, students and innovators from all across the country will come together with one goal: to brainstorm realistic solutions for the financial issues that aging parents and other seniors face which create significant problems for them.
The session will call on the entrepreneurial, strategic planning, design-thinking, marketing, and social value creation skills of all those present and put them in the service of this worthy and important goal.


To make it even more attractive, the person who comes up with the most impressive strategy will be given a $2500 award. More importantly, that person will then be able to work with AARP Foundation staff to further develop the idea and bring it to fruition. The ultimate goal is the development of a strategy that can be put into practice and which will be practical for many older Americans.
A roundtable of experts from business, government, and  non-profit sectors will also be convened, and a comprehensive report on the process will be issued for review and use.


There certainly is a need for new and innovative strategies in this area. Anything that can help aging parents and other seniors keep from worrying over money matters is welcome.


Writer, Craig Butler

Craig Butler has been writing on a wide range of topics for more than fifteen years. As the National Communications Director for the Cooley's Anemia Foundation, Craig regularly writes on a range of health and medical topics. Among the many projects he has written for the Foundation is the Cooley's Anemia Storybook, a collection of original short stories for children with the blood disorder Cooley's Anemia. His freelance work has ranged from reviewing moves and CDs to creating entertainment-related stories about baldness, to creating text for comic strips. Craig looks forward to having a dialogue with you about senior care and issues of concern.

Christian & Claudia Steiner, Owners

We hope this was helpful. If you have any questions or if you know of a senior that could benefit from our vast array of home care services, including skilled nursing and wound care please call us at 212-614-8057 or email us. We accept all types of long term care insurance as payment. Best!

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