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What Does “Pay Yourself First” Mean?

As a family caregiver, there are many bills that you must pay: utilities, credit cards, rent, groceries, healthcare, etc. These bills, and the fact that they are so high, are probably the only reasons why you are still at that job that you hate so much…you just really can’t afford to quit right now. So, …

Where is Your Money Going?

Did you ever get paid and within days wonder where the money went? Have credit card debt that you managed to pay as much as 50% off and then the next month you were back at square one? You get confused. You just don’t understand. What on God’s green globe is happening? Where is your …

How to Manage Your Money

So, you’re ready to take control of your financial future BUT you are painfully aware that caregivers are financially burdened and unfortunately it is quite obvious that a job is not enough. You have weighed the cost of caregiving and have been found wanting. But nobody taught you how to manage your money and to …

How to Earn Passive Income

As a family caregiver, it can be difficult to find time to earn passive income. But, with some creativity and effort, it’s possible to create multiple streams of income that will help you make ends meet. Successfully generating passive income can be tough, especially if you’re just starting out. As you work on earning passive …

What is the Importance of Financial Planning?

As a family caregiver, you provide physical care for your loved one who is unable to do so themself. You often have other responsibilities such as working or providing emotional support and guidance. Many of us caregivers often struggle financially because we spend money on our loved ones without considering our own financial needs. So, how …

The Cost of Caregiving – Can You Afford It?

Have you ever stopped to think about the cost of caregiving? What does it really cost us, financially, as family caregivers to be responsible for the proper care of our loved ones…and to be responsible for a lifetime? Have you ever taken the time to add up the costs? Can you afford it or are …

How To Create a Special Needs Trust

As a Family Caregiver, you’ve probably heard about Special Needs Trusts (SNT), but do you know how to create a Special Needs Trust, the benefits of such a trust or other important points that you should consider before setting up such a trust? A Special Needs Trust or Supplemental Need Trust is typically an irrevocable …

What Is A Legal Will?

According to Investopedia, a will, aka last will and testament, is a legal document that communicates a person’s final wishes pertaining to assets and dependents. Therefore, a legal will is an important document for Family Caregivers to possess to ensure that our wishes relating to our loved ones, who have Down Syndrome, are carried out. …

What Is Supported Decision Making?

For many years, Guardianship was the “go-to” for a lot of Family Caregivers, as it was believed that adults with Down Syndrome could not make decisions on their own. Over the years, though, families started realizing that their loved ones do have the capacity to make some decisions on their own and thus, a lot …

What is Durable Power of Attorney?

A Power of Attorney (POA) is a legal document that is voluntarily signed by your loved one who has Down Syndrome (making them the “principal”) that gives you the power to make some or all decisions for them (this makes you the “agent” or “attorney in fact”). Sounds good, right? You and your loved one …

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