Family caregiving is normally an unpaid role. You’re volunteering your time and energy to support a loved one. However, long-term unpaid caregiving is often impractical. The costs get too high too quickly. Your family member’s needs may also increase to the point that you can’t hold down a regular job. The most powerful solution is […]
finances
How to Manage Your Finances as an Unpaid Adult Caregiver
Caregiving can be a very demanding role. It not only impacts your physical, mental, and emotional health, but it also takes a toll on your finances. According to a report, about 21.3% of Americans are caregivers, making this a crucial topic. Your finances are likely to be affected if you’re paying for the household expenses, […]
How Seniors Are Managing Their Healthcare Costs As Expats
When it comes to common money worries, paying for healthcare is the number one financial concern for seniors. With the cost of healthcare for retirees climbing to $285,000, healthcare costs have now become an integral part of financial planning as a senior. As a result, many seniors are now seeking ways to pay for their […]
Understanding and Establishing Trusts for Elderly Parents
Your parents may have reached the point where they require financial assistance. You might be anxious that they will mismanage their assets or fall victim to elder financial abuse, causing their funds to be depleted. Having enough money is critical at this stage in your parents’ lives to guarantee that they are well cared for. […]
My Elderly Mother Expects Me To Support Her
What do you do when your elderly mother expects you to support her? Should you follow her requests or find a different path?
Como un cuidador debe cuidar sus finanzas. Todo lo que usted necesita saber.
Las finanzas no son un tema agradable, pero son un tópico muy importante de discutir, especialmente para los cuidadores o cuidadoras de personas mayores. Cualquier persona que sea cuidador de personas mayores, necesita pensar sobre sus propias finanzas y la situación financiera del familiar al que cuida.