
Last week I wrote about how my sisters and I arrived at the painful conclusion that we could no longer provide all our mom's care ourselves and that our mom couldn't continue safely living alone in her house without some help. We chose to use an in-home care agency, primarily because with full-time jobs, we wanted to have back-up care available in case the caregiver got sick or my mom fired her unexpectedly (a distinct possibility, as my mothers' moods were volatile.) The next thing we did was to sit down and figure out how many hours we could afford, and how to come up with the money. Here are some tips based on what we learned during this process.
1. Assess your parent's income and spending to see how much money is available for care. We started by making a monthly budget for my mom, based on her social security and pension income and her monthly spending. In my mom's case, she was using almost her entire income to live on, so there was only about $50 a month to put towards caregiving costs... Read more




