Planning for a Financial Caregiver

Sep 7, 2022Financial Literacy

With current populations living longer and longer the topic of financial caregiving is becoming more crucial.  And while the notion of financial caregiving, and accompanying conversations may not be easy, preparing for financial caregiving has its benefits.   

Using the free *Native American Financial Services Association (NAFSA) Financial Literacy Program, you can explore online playlists with many modules that relate to overall financial competency, whether this is preventing elder financial abuse or reporting elder financial abuse, our curated playlists will provide you with important information.

Planning for a Financial Caregiver:

Financial caregiving, much like medical caregiving, is necessary when someone is unable to maintain financial independence.  While elderly populations are the most likely to require financial caregiving, this type of caregiving is needed anytime a person becomes ill or otherwise incapacitated, quite possibly making this information necessary for all ages.    

Our Planning for a Financial Caregiver module, located in the Financial Caregiving playlist, teaches about the benefits of planning for financial caregiving and what you need to get started.  This can be an emotional process for families and individuals and working through this module can help to break down the necessary steps like how to discuss caregiving with your loved one, who can assist in developing and executing the plan, and what overall steps need to be taken to prepare for financial caregiving.  

The NAFSA Financial Literacy Program provides a variety of modules and tools with easy-to-understand information to help people better comprehend their finances and make more informed decisions.

Explore the program today:

*The NAFSA Financial Literacy Program content contained on the NAFSA web page(s) referenced above, and on any subsequent pages created by our service providers/partners, provides general consumer information. It is not legal advice or regulatory guidance. There may be other resources that also serve your needs and you are always encouraged to, and should, consult with your own professional advisors prior to making any financial decisions.

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