Monica Stynchula

Caregiver Burden is Real Pass the Credit for Caring Act

The recent inflation news is a gut punch for many Americans. Food, housing, utilities, healthcare, and transportation costs are soaring. February’s inflation rates were 7.9% and August reached 8.3% according to the US Department of Labor.  A BMO Real Financial Progress Index survey report indicating that one-quarter of the respondents are delaying retirement due to inflation worries.  This report outlines the behaviors respondents use to combat the impact of inflation.

  • 80% of Americans surveyed plan to change their actions to offset the impact of inflation and rising costs of everyday essentials
  • 42% are changing how they shop for groceries. This includes opting for cheaper items, avoiding brand names, and buying only the essentials
  • 46% are either dining out less or consciously spending less when dining out
  • 31% are driving less to offset the soaring cost of gas
  • 23% are spending less on vacations or canceling them altogether
  • 22% are taking measures such as canceling subscriptions to the gym, cable, etc.

Benefits Check-Up

That National Council on Aging website Worry Less and Age Better with a Benefits Check-Up is easy and confidential.  Your personal information is never shared with marketers or used in any unauthorized way.

  1. Answer some basic questions to narrow the search
  2. Click on “See if I am Eligible” and enter personal information on a confidential tool to determine eligibility
  3. Link to service and agency websites to complete the application process
https://creditforcaring.com

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