Madeline Mitchell

6 days ago | usatoday.com | Madeline Mitchell

Older Americans and adult caregivers are anxious about tariff-induced price hikes, as a large portion of prescription drugs and medical equipment comes from overseas. President Donald Trump has paused reciprocal tariffs on dozens of countries as they negotiate trade deals, but a 145% levy remains on most goods from China. Trump announced tariff exemptions for smartphones, computers and other electronic imports on April 11.

6 days ago | usatoday.com | Madeline Mitchell

Kelsey Meyers started thrifting baby gear and clothes when she had her first child 20 years ago. A teen mom at the time, she said the only new items her daughter had were a stroller gifted by Meyers' coworkers and a car seat. Meyers, of Minnesota, is 38-years-old now and still buys most things secondhand. She has four kids and said she's seen the secondhand market change dramatically over the last two decades. The biggest shift she's noticed happened just after the COVID-19 pandemic.

2 weeks ago | usatoday.com | Madeline Mitchell

Summer 2025 is shaping up to be an expensive season, especially for parents. Sweeping tariffs imposed by President Donald Trump − which economists say could lead to a recession and even higher inflation to come − mean price hikes for new clothes, toys, bikes, strollers and more. The tariffs will hit low-income households hardest.

2 weeks ago | usatoday.com | Madeline Mitchell

In March 2023, not long after her twin daughters were diagnosed with speech and language disorders, Veronica Diamond said her partner got into a car accident at work, injuring his back, neck and shoulders. That same week, Diamond said, her grandmother, who was diagnosed with Parkinson's disease, was placed in a nursing home.

4 weeks ago | ca.finance.yahoo.com | Madeline Mitchell

As parents get older and their children do, too, there comes a time when the caregiving role is reversed. And caregiving can be costly. More than 48 million Americans are caregivers, and the average caregiver spent $7,242 in out-of-pocket expenses in 2021, according to the AARP. Last year, a Caring.com survey found more than half of adults with at least one living parent claimed that parent on their taxes. More: Don't get caught with a huge tax bill. What new retirees can do to avoid one.