Ep. 63 The True Costs of Caring for Aging Parents Then Joined by Jimmy Rios from Rios Business Advisors & Rios Business Funding
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Caring for aging parents is one of the most emotional, and financially complex, challenges many families will face. In this episode of Not Just Numbers, Mike and Madison dive into the realities of caregiving, what it looks like, why it’s becoming more common, and how families can prepare before it becomes a crisis. They discuss the growing prevalence of caregiving in America, the emotional and physical toll it can take, and the significant financial strain that often follows. From burnout and guilt to long-term care costs and Medicare misconceptions, Mike and Madison explore both the human and financial sides of this responsibility. Whether you’re already providing care or preparing for the future, this episode offers compassionate guidance and actionable steps to help you protect both your parents’ wellbeing and your own financial security. Later in the episode, Mike and Madison sit down with Jimmy Rios, founder of Rios Business Advisors and Rios Business Funding. With more than 20 years of experience in financial services, Jimmy has dedicated his career to helping entrepreneurs understand and take control of their business finances. From practical steps for managing debt and improving credit to real-world examples of clients transforming their businesses, this episode offers valuable insights for anyone looking to grow, fund, or eventually sell their business the right way.
Connect with Jimmy Rios
Rios Business Funding website: https://riosbusinessfunding.com/
Rios Business Funding YouTube: https://www.youtube.com/@RiosBusinessFunding
LinkedIn: https://www.linkedin.com/company/rios-business-advisors/
Facebook: https://www.facebook.com/Riosbusinessfunding/