If you live nearby, you may be able to help with food or by helping with home maintenance and yard work. Instead, you may choose to put that money into a special emergency fund that you can access to help your parents when needed. Additionally, if you are going to need the money, then you may also need to say no. It is important to establish a plan for how you can help your parents financially. If they need repair work done, are you able to help out with the labor? If you can help make sure you explain any conditions that you have set and be sure to let your resentments go if they do not handle the money the way that you wanted them to. It is not fair to have one person carrying the majority of the burden.
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