The best way to realistically view the financial costs of being a caregiver is to look at how other carers are spending their money. That way, there are no hidden or forgotten expenses to sneak up on you.

Some of these are everyday bills that you’re already paying, but there are specific costs that your loved one’s care will incur also.

Carers’ spending includes:

• Food and drink: In addition to your usual grocery shopping, your loved one may require specialised items like Build Up drinks. If they have other conditions like diabetes, you’re going to need low GI items and a lot more fresh fruit and veg than you’re likely buying now.

• Energy bills: You can expect some of your energy and utility bills to climb once you begin caring. You’ll have extra water usage for laundry and baths, as well as extra electricity and/or gas for keeping the heating and cooling at comfortable temperatures.

• Cleaning products: From more laundry powder to washing up liquid, you’ll probably find yourself spending more on items to keep the house and the people in it tidy.

• Transport costs: Taking your loved one to medical appointments and keeping them active in the community and at social events may put a strain on your travel budget, as well as add wear and tear on your car.

• Equipment and supplies: Your loved one may require special supplies, such as incontinence pads, or special equipment, like a simplified mobile or tv remote. Some of the things they need may be a one-time expense, while others will be ongoing.

• Safety and security devices: Wandering can be a big problem with some dementia sufferers. You’ll likely end up with alarms of some sort on your doors, and possibly a tracking device for your loved one to wear, just to ensure you know where they are and that they are safe.

Those are the effects that becoming a carer can have on your wallet. Now, let’s look at the toll caring can take on you.