If you have been tuning in to the news of the economy you will hear words like downsizing, cutbacks, families struggling, foreclosure and unemployment. CNN reported that nearly one in two Americans are struggling and hardly can make ends meet.
Many are relying on food stamps. Money and budget are not favorite topics for most families. Married couples fight over it and aging parents may not want to talk about it for fear of lecturing or ridicule from their children. Has lack thinking become your new norm?
Now that the holiday season is over and with all the shopping done, many are facing the credit card bill this month. As a mother and grandmother I know how you feel- especially if you didn’t follow your budget or if your grandchildren need a few extra bucks.
Keep in mind… Only a very few senior citizens are part of the entitlement and “I deserve” group. Most grew up with the independent and “I can do it myself” mantra. Their grit and strong resolve are the very core of what made this great country. Faith and praying is good. There is a saying ‘If you want potatoes you’ve gotta hoe the garden’…..so take action and get our feet moving.
Taking personal responsibility requires a different mindset towards our circumstances and a new way of thinking. Dave Ramsey at daveramsey.com has a wealth of information about overcoming our lack mindset, taking control of finances, and living a more fulfilled and responsible lifestyle for ourselves and our children.
Here are five steps to help us and our aging parents move our feet and take control of our finances and not tolerate worry, anxiety or sleepless nights:
1. Having conversations about it. Aging parents, you and your siblings helping and encouraging each other to look at our finances and trim and cut back all unnecessary expenses. It is easier said than done but what is there to lose? Make a call and connect with your loved ones and help each other out. Please read more about it on our previous article entitled: Look, Ramen noodles.
2. Invest and build a home business together. The only way to have more money coming in is by generating extra income. Either through a second job or a business. We can invest together to develop a family business and run it from home. There are many regional businesses that could be done at home like a lawn care service. Can you imagine, if you had one lawn to take care of for $50 per month, it will be $500 if you had 10 new customers.
3. Grow a garden. To free up yourself and your aging parents from buying vegetables from stores, start a garden. Your aging parents may be able to spend their leisure time doing container gardening. Many remember victory gardens. It is an easier way to garden than having a truck patch or huge raised growing area.
4. Shrink your expenses with billshrink.com. According to CNN billshrink.com can help us identify lower-cost providers for phone and cable. Phone and cable could cost us about $2,000 per year to maintain.
5. Sell unused stuff. All of us probably have trunk loads of things to sell. This is the time of year to clear out and purge so instead of throwing them out, we may be able to raise money by selling them online or through a local newspaper or Craigslist’s. You can then donate the unsold items to charity and get a receipt for your charitable donation.
Many who are caring for their elderly parents are finding it challenging to keep up with their own finances and the needs of their aging parents. Keeping in Touch Solutions would like to be your go to person for balancing your responsibilities as a caregiver near or far. We will help stay in touch with your aging parents or grandparents by calling your loved one every day to check in and see if they are taking their medications.
A daily check-in call could be the lifeline, the joy you give someone that makes the biggest difference in their perception of what old age is like.
Contact me at 317-480-1038 today. Let’s make a difference together.
I’m Diana Beam, Founder of Keeping in Touch Solutions. It is my heartfelt desire for every person to live a happy and healthy life in the place they call home, no matter what their age. You can’t put a price on peace of mind for your parents and yourself. It’s priceless . . . and significant.
For that reason, the goal of every Keeping In Touch Solutions program is to provide a caring connection and service that both the elderly and their caregivers can rely on to make living that good life easier.
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