So, the first step to save money on senior care is to honestly evaluate yourself or your loved one. For instance, a private room at a nursing home costs about $8,821 a month on average, whereas companion care - aka homemaker services - costs about $4,481 monthly. Prices for senior care in some locations are outpacing the rate of inflation, according to Genworth. Īverage monthly spending: $1,603-$8,821, depending on type of care Skip the expensive store-bought toys and go the DIY route instead.Adopt, don’t shop - the cost to adopt from a local shelter and save an animal’s life is significantly cheaper than buying one from a breeder or store.You can also try sites like Rover that allow you to compare prices of care providers in your area. Ask friends and family members to pet-sit when you’re away.It takes time, a little elbow grease and pet cleaning products, but the savings can really add up - especially for long-haired pets that require regular maintenance.
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