Welcome to the February edition of the newsletter for CRTS™ certificants!
Caregivers: How to manage a loved one’s money
The number of retirees is on the rise. Data from the U.S. Census Bureau points out that, by 2030, there will be 81.2 million Americans over age 65, and many of them will need help taking care of themselves.
Caregiving is a big responsibility. One crucial role caregivers may take on involves managing a loved one’s finances. AARP states that acting as a money manager becomes especially important if a loved one begins having trouble keeping a checkbook or becomes confused about money.
Use “The Minimalists’” 90/90 Rule to Help You Declutter
No matter how much you want to live more simply, it can be hard to part with your things. First of all, if you have a lot of stuff, where do you even begin? And what if you need these things again for some unforeseen hypothetical situation in the future? Will you be kicking yourself for throwing them out now?
One simple system might help you sort it out: the 90/90 rule from Joshua Fields Millburn and Ryan Nicodemus, the duo behind The Minimalists.
A Shortage Of Paid Caregivers Is Raising The Cost Of Home Care
The growing shortage of paid caregivers has become increasingly apparent over the past several months. Now, we are seeing evidence of the most direct consequence of that scarcity: The cost of care, especially for those living at home, is rising faster than it has in years.
According to the newly released Genworth cost of care survey, the cost of homemaking services, such as cooking and cleaning, increased by 7.14 percent over the past year.