Jul 19, 2012

Wasting Money

In case you are getting tired of my message to live on less than you make, let's take a look at some ways to waste your money." Rick Kahler, CFP

A clever column on ways to waste money.  As caregivers, we are hard pressed to take care of all of the responsibilities before us.  If you are taking care of your care receiver at home, you are vigilant 24/7, besides doing all house business, cleaning, maintenance, laundry, yard, etc.  If you are a care giver of someone living in a facility, you still have many responsibilities.  Some clever ways to waste money that any one of us may be guilty of:  driving across town to save 2-3 cents on gas; buying name brands instead of store brands; paying full retail price for clothes, furnishings, furniture; not maintaining house or car; being disorganized about paying bills; buying the latest supplement or paying more for brand-name vitamins; not using a credit card that gives you rewards.  I know that we who are caregivers are very, very busy; but we need to make time to be good stewards of our money.  There are many expenses that we have to be prepared to pay for the care receiver; and that is easier if we are good about managing our money overall. 

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