Hidden Costs of In-Home Caregiving

November 10th, 2018

If your loved one is in need of specialized senior living options, your first thought may be to take care of them on your own. You may be considering in-home care, but keep in mind that it comes at a price. There are a lot of hidden costs that you may be unaware of, not to mention the physical and emotional toll it can take. Add to your understanding of in-home care with the following tips.

Tip #1: How Hard Can It Be?

Caregiving may seem like a straightforward task. You might think it’s just going to be just a couple of extra hours of work a day. However, caregiving can be extremely time-consuming, taking up to several hours each day. In addition, caring for a specialized need can be difficult if you’re unsure of what you’re doing.

Father and Son holding hands on a bed

Tip #2: Unexpected Costs and Extra Work

Caring for a loved one yourself can become expensive. If your loved one has a special health condition, you’ll need to purchase certain medical products, caregiving products, medicine and more to confidently look after their needs. There is a likely chance that your living expenses will rise due to having another person living in your home.

Be sure to calculate these changes to your living expenses, and account for any time you might spend away from work throughout the period you’d be looking after your loved one.

senior and caregiver

Tip #3: Added Emotional Stressors

Taking care of your aging loved one is an admirable duty, but doing it for an extended period of time can add stress to your life. Many times, you can start to development resentment towards them, putting a major strain on your relationship. It’s very important to remember to take time for yourself and the rest of your family when caring for an aging loved one.

Tip #4: Consider A Senior Living Community

With these financial, physical and emotional costs in mind, consider talking to your loved one about moving to a senior living community instead. With the type of living options that a senior living community offers, you’ll likely find that the two of you are happier.

senior couple and employee

You can rest assured your loved one is in good hands while they enjoy the benefits that come with a community. In addition, you’ll have the time to maintain your own wellbeing. In-home care is certainly a viable option and may be worth trying, but don’t forget about the hidden costs, and think about a senior living community as an alternative option.

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