A Guide to Caregiver Finances

Matthew Allgood |

Caring for an older loved one is highly rewarding, but it can strain your finances, especially if you use your personal income to cover their medical costs, household expenses, and other fees. In 2016, AARP surveyed 2,000 unpaid caregivers and discovered that they spent an average of close to $7000 per year of their own money to pay for loved one's needs. 


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