How to be a caregiver and not broke yourself

Invest in the security of long-term care, which can pay for assistants of the home or assisted living, can pay more later big.Without planning, caring for a loved one can easily become a major drain on financial resources. And the most demanding that becomes, more their own financial health is endangered. The keepers of the United States offered an average of 21 hours a week of volunteer an average of 4.3 years attention; in a 2004 survey, 38% of caregivers reported as a result some financial difficulties. If you are still looking for the corner office, or you are thinking about reducing their hours to spend more time helping a member of the family, here are some of the issues that you will want to consider.

What to look out for:?

Stalled the career. Its ability to nurture her own career can be endangered by his duties of care. Difficulty focusing, the constant intrusion of family emergencies, emotional exhaustion, and if you cut in hours of Office, less time face and ability to work with colleagues can all translate into fewer opportunities for career advancement and, ultimately, less financial security. "It's very different from someone who is not a caregiver, your confidence and ability to develop your career," says Katana Abbott, founder of DesignatedDaughter.com, a web site on issues of care for women.

Obviously you want to help your loved one, but there are limits. "If you are putting your own career at risk, remember that the person you are caring for probably don't want to do that," says financial planner Bonnie A. Hughes group of enrichment, a Miami, Florida wealth management firm.

Get the latest health, fitness, anti-aging medicine and nutrition news, more ideas and updates from Health.com!