Checklist: Financial Impacts of Family Caregiving
Assess both the daily needs and specialized needs of the person you are caring for to plan more effectively for the future.
Create a list of all of your expenses, both related and unrelated to the caregiving expenses. This will help you to see where your money is going and where you can change your saving and spending habits.
Look into government, community, and nonprofit resources to help alleviate some financial stress and burdens.
Make sure to prioritize your mental and physical health through self care practices and the support of loved ones and community or support groups.
Communicate with your loved one(s) about future caregiving plans, needs, and wants. Be sure to look into legal implications as well.
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