Showing 17 Result(s)

3 Causes of Debt for Family Caregivers

D-E-B-T. An all too familiar thing for many family caregivers. The bills just keep piling up and despite your efforts to pay off what you owe, the debt just magically rebuilds and you have no clue how. The causes of debt elude you. You’re literally confused. I mean, it’s not like you’re spending your money …

The 70 10 10 10 Rule for Family Caregivers

A part of money management is knowing how to spend the money that you do have. So, after tracking your money and seeing where your money is going, what’s the ideal way in which you want to spend your money so that it benefits you and your family…especially in the long run? Well, as with …

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 …

Financial Freedom: Why It’s Important for Family Caregivers

Financial freedom is important for a number of reasons, but for family caregivers, it can be especially crucial. Financial freedom can provide peace of mind and security, both of which are essential for those who are caring for loved ones. It can also help caregivers maintain their independence and provide much-needed support. In short, financial …

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 …

Caregivers and Money – It Takes Cash to Care

I think we need to have a frank conversation when it comes to caregivers and money. As a caregiver, did you honestly sit down and pencil out your finances and how they would be impacted by you becoming a lifelong caregiver? Parents, have you actually taken the time to think about the financial impact of …

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