These Tips Can Help You Save When a Senior Parent Moves into Your Home

 Senior Living

Is your elderly parent moving into your home? If so, you may be worried about the additional expenses of preparing your home. Thankfully, getting your home ready for a senior doesn't have to disrupt your budget, mainly when you use these tips to save time and money:     

Save on Senior Home Essentials by Shopping With Macy's at Rakuten

You may need a few things for your home to prepare for your senior family member's arrival. But you can save money by checking those items off your shopping list, especially since it's easy to find coupons for Macy's on websites like Rakuten. Shopping at Macy's can save you time and money because you can find everything your senior parent may need in one place, like new sheets, towels, and clothing.

Turn to Medicare and Grants for Medical Items and Modifications

If your loved one will need home medical equipment, such as a new wheelchair, a hospital bed, or various lifts, you can avoid paying out of pocket if Medicare covers them. Durable medical equipment needs to last more than a few years. It needs to be prescribed by a health provider for family caregivers to take advantage of Medicare savings. Suppose you need to make other aging-in-place modifications to your home, like expanding doorways or retrofitting bathrooms. In that case, you will likely need to look for special grants or other benefits to help offset the out-of-pocket costs for these home upgrades.

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Gain Extra Home Space Without Paying for Hefty Storage Fees

When your senior parent moves into your home, you may need additional storage for those extra belongings. You could rent a storage unit to keep those items safe, but paying monthly fees can eat away at your budget. A custom steel building is a much more economical option for housing your senior loved one's stuff. Adding a steel building to your property can help you save more money than you think. Plus, you have the added benefits of having stored items nearby and knowing that your steel building will last a long time. Having extra space can also make it easier to practice self-care. Self-care is essential for caregivers and can help you avoid feeling overwhelmed or burned out by this significant transition. So, after your loved one moves in, you must prioritize self-care habits in your everyday routine. That means eating well, getting a good night's sleep, and doing something you enjoy. How can you use your steel building for self-care? You could turn it into a meditation space or an exercise room, both of which can be done on a budget.

Provide Senior Care Without Putting Any Additional Strain on Finances

One of the most pressing financial concerns when a loved one needs to live with you is paying for senior care. The average cost of senior care can vary according to the level of care your senior loved one needs, but home care expenses can range anywhere from $1,760 to $3,960 each month. Paying for home care or any other needed senior care can be a financial burden for anyone. Still, families living on tight budgets will experience more pressure and stress. If you need to save on senior care, you may decide that becoming a family caregiver is your best financial option. Since providing care can often mean scaling back on hours or leaving a job altogether, you should know that there are assistance programs that can compensate for the care you provide to your senior family member. Also, know that certain benefits may make care more affordable so that you will not have to worry about paying for senior care expenses alone.

Welcoming a senior parent into your home requires compassion, but it shouldn't require a lot of spending. Use the budget-savvy savings tips above as you prep your home so that you will have one less thing to stress about during this transition.

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