Carers – finance

Planning your finances

Maximising your income

Piggy bank with sticking plaster

Carers Link can help local carers access funding for short breaks.

Planning your finances

It is difficult to maintain your wellbeing when you are worrying about money. Financial wellbeing is about a sense of security and feeling as though you have enough money to meet your needs.

In their State of Caring report in 2022 Carers UK found that just over one quarter of carers who responded said they are ‘struggling to make ends meet’. Almost 1 in 5 carers are struggling to afford the cost of food and a similar proportion struggling to afford to heat their homes.

If you are struggling financially please get in touch with us as we may be able to help. Alternatively, the Scottish Government has launched a website, Money Support Scotland,  which has information about benefits and debt advice as well as affordable credit from community lenders.

The potential  loss of income, and increased costs that can be associated with caring for someone are recognised by the government, and carers may be entitled to a range of benefits. We can refer you to the local Citizens Advice Bureau for free confidential advice and support, including filling out forms.

Carers Allowance is the main benefit for unpaid carers, and if you look after someone for more than 35 hours a week you may be eligible. Carer’s Allowance Supplement is an extra payment for people in Scotland who get Carer’s Allowance on a particular date.

If you would like to know more about benefits, funds and grants delivered by the Scottish Government visit the website.

If you would like to know more about benefits delivered by the UK government visit the website.

For many carers there are also concerns about planning for the long term care of your loved one, whether that is as you or they grow older. We  can provide information/on topics such as Power of Attorney, wills, Guardianship, trusts and care home fees.

We are normally open Monday to Friday from 8.30am to 5.00 pm, but appointments (by phone, in person or online) out with these hours can be arranged. Currently mail is not being picked up from the office on a regular basis so if possible please email or phone us. During evenings and weekends, if you or someone you know requires urgent social work support, please call 0800 811 505.