The PrairieFire Podcast
The PrairieFire Podcast is designed to explore the financial and emotional issues of life's second half. From paying for college to dealing with aging parents, empty nesting, navigating careers, dealing with taxes, and getting ready for retirement, we share experiences, ideas, and a platform to celebrate what we believe is one of the most exciting periods of your life.
Registered Representative of Sanctuary Securities Inc. and Investment Advisor Representative of Sanctuary Advisors, LLC. Securities offered through Sanctuary Securities, Inc., Member. SIPC. Advisory services offered through Sanctuary Advisor, LLC., an SEC Registered Investment Advisor. PrairieFire Wealth Planning is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC.
The PrairieFire Podcast
#17 - Caring for Mom and Dad - Becky's Story
What happens when the roles reverse, and you become your parent’s caregiver? In this episode, Matt Meline and longtime friend Becky Pratt share a deeply personal journey through caregiving’s emotional and financial challenges. Becky reflects on her family’s experiences, from managing shared real estate to helping her mother transition into assisted living. She also shares practical tips for fostering family communication and solving challenging problems creatively. Becky’s insights will inspire and guide you whether you’re starting this journey or deep in it.
Becky Pratt, CRCM, QRD®, is a seasoned leader in audit and banking with extensive experience as a Chief Risk Officer and Qualified Risk Director®. She has successfully guided teams through financial recovery and served on various boards, committees, and advisory roles. As Founder of Mattan Pratt Consulting, LLC, Becky specializes in strategic risk management, governance, and organizational design. She also coaches executive leaders and delivers impactful talks on board dynamics, governance, and leadership. Becky’s board service includes Wheatsfield Grocery, where she has contributed to a 30% revenue growth.
Episode highlights:
(2:01) Who is Becky Pratt?
(6:21) Early caregiving experiences and family dynamics
(8:22) Discovering and managing a complex family situation
(11:55) Transitioning a parent to assisted living
(13:54) The importance of communication and collaboration
(17:02) Resolving financial and real estate challenges
(20:13) Handling complicated parental relationships and decisions
(22:21) Outro and disclaimer
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