<prompt> Human: My dad died about 2 and a half years ago, the money has been in my moms hands and it has quickly been depleted, from about 400,000 it is now about 250,000. People keep asking my mom for money, ranging from her brother to her mom to my older brother. She stopped working when my dad got cancer and took care of him until he died, she doesnt have a job and doesnt plan on getting one. She just gives her money away and it gets incredibly frustrating when she starts talking about how she will just be homeless in the future. After confronting her about the money she has given the reigns over to me. I am a Masters student and have no idea what to do with it. I want to ensure her financial stability, she gets 600 a month from my dads retirement, which will increase to 1400 once social security kicks in when she is 60 and she is currently 52. She currently lives with my uncle and his family in FL who are having money problems and are leeching off of her while she also takes care of my 86 year old grandmother. My brother has a girlfriend and baby, they are also in over their heads financially and keep asking for money. I feel like I need to invest this money, but dont know where or how. Currently, the money is in a prestige bank account that garners .45 interest. Are there any books that I should read about finances that could help? Should I hire someone to help me? Her expenses are car insurance at 116, health insurance at 300, phone bill at 230, and she is trying to move out of my uncles soon with my grandmother in FL, so I would say 1200 a month for rent and bills ? Any help is really appreciated! edit: Misplaced decimal place on interest rate, whoopsedit2: Added moms ageedit3: expected expenses addedTL;TR Have about 250,000 life insurance money, want to make a stable income with for my momAssistant: Normally I would say go to someone who has money and money sense, preferably in your family, but that doesnt seem to be an option. Any bookstore has a section on investing. You need to define your goals before seeing a professional, which your local bank branch should provide. Be clear if you want her to have monthly checks until she dies with nothing left over, or do you want he money to grow and pay her monthly checks? Do you want the money locked up where she cant dole it out to relatives?Human: I really want to be able to make her money grow and for her to get monthly checks, but I dont know if there is enough. I dont want to have to lock up the money.  <response>: Isnt locking up the money precisely what you want to do? If she had the money stored in a longterm investment account it could make her less prone to giving money to uncle family 