Surprising amount of time and money spent by family caregivers each year

Stephen Tweed | September 17, 2014 | Newsroom
This week an article was published in USA Today "A third of family caregivers spend over $10K a year" by Nancy Hellmich and discusses a new survey conducted on Caring.com that has some interesting results from 1,345 respondents that you should probably take note of as a private duty or home care company.  The survey…

8389562_xlThis week an article was published in USA Today “A third of family caregivers spend over $10K a year” by Nancy Hellmich and discusses a new survey conducted on Caring.com that has some interesting results from 1,345 respondents that you should probably take note of as a private duty or home care company.  The survey revealed that about a third of family caregivers are spending 30 hours a week on caregiving tasks and about $10,000 per year on other caregiving expenses.  The most significant findings in terms of marketing your home care company are:

“About half of the caregivers in the survey are retired; 39% are working full time, part time or are self-employed. Of those who are working, 60% say their duties have had a negative impact on their jobs; 17% say they have had to miss a significant amount of work because of those caregiving duties.”

This is significant because the 39% that are working and saying that the caregiving duties at home are having a negative impact on their job are the exact people you need to be marketing your services to in order to help solve their problems and alleviate that element of stress.  At Leading Home Care we always stress how important it is for you to focus on the family decision maker (usually the oldest daughter) and how you can help them by asking about Mom and/or Dad, listening to her concerns, and showing her how you can help her relieve those caregiving stresses.

There are some other interesting findings from this survey.  They are outlined in the full article, so take a look and think about ways to implement those findings into your marketing strategy.

Stephen Tweed
Stephen Tweed is among the top Thought Leaders in Home Care today. As an industry researcher, author, and executive coach, he has worked with owners and CEOs of companies in the top 5% of Home Care and is a frequent speaker at Home Care association conferences and corporate meetings across the US and Canada.

Related Posts

Caregiver First Company Culture

January 29, 2026
I've been thinking a lot about Caregivers First. As I mentioned last week, we have just released the 2026 Future of Home Care Study conducted by Leading Home Care ... a Tweed Jeffries company, and published by AxisCare. Again, we looked at the Pain Points that are keeping Home Care CEOs awake at night, and for the third year in a…

Opportunities for Growth

January 22, 2026
I've been thinking a lot …about Opportunities for Growth. As you move actively into 2026, what are your goals for growth in the new year? As I work with hundreds of Home Care CEOs each year at association conferences, corporate meetings, Home Care CEO Mastermind Groups, and Executive Briefings, I see one main area of…

The 2026 Future of Home Care Report

January 15, 2026
I've been thinking a lot ...about The Future of Home Care. Happy Happy Happy New Year, my friends. It's been a while since you've heard from me. Elizabeth and I took a sabbatical from our business and spent a month in South America. We left southwest Florida and flew to Santiago Chile. After a few…