15 April 2019

M is Money

Hello and Welcome to my sixth attempt at the AtoZ blogging challenge.
My theme this year is Caring for the Caregiver. My posts are based on my experience and are not meant to be a comprehensive guide on the subject. I would love to hear your experiences..
You can catch up with my previous posts here.
With each post, I am sharing a sketch that I have done as a means for stress busting.

Money or Vitamin M
Talking about money can sound materialistic, opportunistic to some but the hard truth is that funds are required for hospitalisation, investigations, physiotherapy, helpers, medications and so on. Having a comprehensive insurance is a big help yet it does not cover several expenses. Example 24x7 Helpers at home, other domestic helpers. 

At times, our 'wards' are in a position to bear these costs. 
If not, it falls upon us to pay for the out-of-insurance help and treatment. 
This can stretch our own reserves and we must anticipate and plan for such expenses. 
If you expect to have to help financially, start putting away a small amount even before the actual need arises. Invest in products that allow quick and easy redemption. Taking a loan is also an option in case the situation demands.
I would love to hear your suggestions!
Of course, this does not cover any emergencies.

There is no one size fits all solution. 
Every family has to find something that suits them best. 
At best, posts such as mine will inspire a family to come up with their unique workable plan.

My sketch for the day...
Recently, our country rose as one and stayed on tenderhooks till our brave Indian Air Force Pilot Abhinandan Varthaman returned home. Sketching a Mig21 which was his aircraft (and also the one my dear husband has flown) was my first choice but I could not. Instead here is what I found via Google search. I have tried to show the aircraft landing. 
Inspired by an image seen on Shutterstock here
See you tomorrow with my N post.
Stay happy!

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