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April 20 2020

How Families Can Create Budgets Before Working With Funeral Homes

Prior to calling on funeral homes for help with planning funeral services, families should always sit down and come up with budgets. These tips will help you and your family get it done.

Is your family going to start planning funeral services for a loved one at one of the funeral homes in West Jordan, UT soon? Before you begin, it would be a good idea to sit down with your fellow family members and hammer out a budget for the services. The last thing you want to do is start making funeral arrangements for a loved one without any sort of budget in place and spend way more than you can afford to on your loved one’s funeral services. It could cause all kinds of problems for your family. Find out how to create a budget below.

Begin by figuring out who is going to help pay for the funeral services.

Are you the only person in your family that’s going to help pay for your loved one’s West Jordan, UT funeral services, or are there multiple people who are going to pitch in to pay for them? It’s important for your family to figure out who is going to be able to contribute to your loved one’s funeral costs before you do anything else. This will play a large part in how big of a budget you’re going to have to work with.

Decide how much each of your family members can afford to put in.

Once you have an idea of how many of your family members are going to be able to contribute something to your loved one’s funeral costs, see how much everyone can put in. There might be some family members who can contribute thousands of dollars and others that will only be able to swing a few hundred dollars. Regardless, it’s essential for you to have some understanding of what family members are able to pay. It’ll help you come up with a realistic budget for your loved one’s funeral services.

Think about if there are any other ways to cover the funeral costs.

More often than not, families are forced to foot the bill when it comes to covering their loved one’s funeral costs. But there might also be some other ways to pay these costs. There is a chance that your loved one’s life insurance policy might provide some much-needed money. There is also a chance that you could generate some funds for your loved one’s funeral services through a crowdfunding effort. Think outside the box and see if there are any ways to bring in some money to increase your family’s funeral planning budget.

Set a budget and do your absolute best to stick to it.

After you’ve done everything else listed here, it’ll be time to come up with a final budget for your loved one’s funeral services. Make sure it’s realistic and won’t cause you or any of your family members to dig yourselves deep into debt. And once you have a budget in place, do yourselves a favor and stick to it. A good funeral director will be able to take your budget and ensure you stay under it.

When you trust Larkin Mortuary to help you make West Jordan, UT funeral arrangements for your loved one, we’ll do whatever it takes to keep you and your family under budget when you’re planning out your loved one’s services. Reach out to us to arrange a meeting with one of our experienced funeral directors.

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