Balancing Care and Independence: Avoiding Costly Mistakes for Family Caregivers
Part 5 of 7 | Financial Wellness Series
In the fifth episode of our Financial Wellness Video Series, Doug Buss, founder of YourStyle Financial, joins Rafiq Punjani from Right at Home to discuss some of the most common mistakes families and private caregivers make — and how to navigate those challenges with financial awareness and compassion.
Doug explains that at the heart of caregiving is one shared goal: the desire for loved ones to remain independent and not feel like a burden. But achieving that balance takes thoughtful planning — both emotionally and financially.
“It’s about giving people the opportunity to be independent,” Doug says. “We want to help where help is needed — not take over their lives.”
From a financial standpoint, Doug encourages families to review where the money is going and explore opportunities that may improve quality of life while easing financial strain. In some cases, that might include bringing a parent or loved one into the home and creating a shared living arrangement.
While this can mean giving up some privacy, it also comes with deep rewards — shared meals, conversations, memories, and connection. With the right approach, families can create an environment that balances independence with togetherness.
🎥 Watch the full video below to learn how to avoid common financial and emotional pitfalls when providing care for loved ones, and how to create a plan that protects both independence and quality of life.
📆 This is Part 5 in our 7-part Financial Wellness Series. Check back every week for more practical insights and thoughtful financial guidance from Doug Buss and the YourStyle Financial team.