Tough economic times have forced all of us to pay more attention to our income and expenses. Many are cutting back on their expenses. But one area that isn’t being cut back is senior home care. That’s why this is an ideal time to start a senior home care business.
Whether there’s a recession or not, people just keep on aging, leaving many seniors homebound or unable to perform everyday household tasks. Seniors still need to get groceries, make meals, clean the house and dozens of other everyday tasks. That’s where a senior home care provider comes in. In a nutshell, a senior home care business is a recession proof business.
There are currently 47 million senior citizens in America alone, according to the U.S. Census, and that number is forecast to double over the next two decades. As more and more folks get old, the demand for caregivers will grow too.
Most of us do household chores everyday and take them for granted. What if we were simply unable to do them? What would you do? Senior home caregivers ease the stress by doing those tasks for their clients. They take care of everyday, routine tasks that senior citizens simply can’t do by themselves anymore. Whether the economy is booming or struggling, the need for senior home care will always be there.
So what kind of money can you make helping seniors at home? Good money. Non-medical senior home care businesses typically charge between $20 and $35 an hour, depending on their location. The national average is $22 an hour, or $880 for a normal week. In addition to the financial benefits, there are the benefits of helping others. Helping a senior at home is a great way to put a smile on their face. The stress of shopping, driving, meal preparation or walking the dog is lifted when you can do it all for them.
Plus, as the owner of your own elderly care business, you’re the boss. You can work for who you like and work as little or as much as you like. Now that sounds good! It’s a perfect way to make extra cash or start a new career, one where you can get away from a regular job that may have left you underpaid and unfulfilled for too long.
A Senior home care business is also a great option for semi-retirement if you’re looking to stay active and earn a part-time income to supplement your retirement income.
In challenging economic times, we all have to watch where our money goes. But as folks age, as they always will, many will look to a senior home care service when they are homebound or unable to do the work themselves. It’s a good way to make money while making a difference in the lives of others. To learn more about this rewarding business, read How To Start A Senior Home Care Business.