Three frugal funeral tips for low income earners
Dying is expensive, and for low income earners, the prospect of leaving family members with funeral and burial or cremation costs is a serious source of anxiety. If you're worried about the cost of death, check out these three frugal funeral tips for low income earners.
Life is what happens while making other plans
Funeral arrangements are usually made by loved ones in a state of high emotions, and frugal decision making can be difficult while mourning. Establishing a plan for after your death and sharing your wishes with your family is crucial for safeguarding against a funeral cost blow out. Spend some time thinking about what your wishes are- would you prefer a burial or cremation? What kind of funeral do you want? Cremation is a much more cost effective option, however it's important to consider the cost of extras such as the priest, flowers, printing, newspaper funeral notices, transport and music performance at the funeral or wake.
Chat with your local experienced funeral director for an estimated cost breakdown, and create a savings plan accordingly. Alternatively, you may wish to consider an taking funeral cover, so that you have only a small monthly cost.
I can and I will
One of the best ways to prepare for your budget funeral is to have an up-to-date will. No one wants to leave their family with a big funeral bill on top of managing the logistical hassles of a deceased estate while grieving. Even if you don't have assets to pass on, creating a will allows you to specify your funeral preferences, giving you the opportunity to make sure it's frugal as well as adheres to your personal wishes. There are plenty of budget will kits available, however you may wish to contact your local legal aid office for free will advice.
There's no alternative to being yourself
For the ultra-frugal after death strategy, think outside the coffin. While burial and cremation are the most common forms of body disposal, you may want to consider donating your organs and tissues to help save lives after your death. It's important to register for organ donation, which you can do here.
Many medical research and training facilities also require whole cadavers, so if you are interested in donating your body to assist in the progression of medical knowledge, contact your preferred medical science school for information on their body bequest program. Make sure you take the time to consider these alternatives and discuss your wants with your family and friends prior to making a final decision on your will.
For more information on how to save money on funeral costs, chat with your experienced local funeral director today for expert advice.