One day you'll look back and realize that you worried too much about things that don't really matter.

National Long-Term Care Awareness Month

National Long-Term Care Awareness Month is observed every year in November in the US.

Did you know...

...that 70% of men and women over age 65 will need long-term care services? 

This kind of care can be expensive and will take a toll on the family as a whole as they try to figure out:

• payment of the facility, continued healthcare and prescription drugs,
• roles of family members,
• the anxiety of the family,

...and other logistics of making long-term decisions for a loved one. 

When providing care for someone long term, it usually means feeding them, helping with personal care, bathing them, and helping with other daily tasks. 

Here is a list of statistics surrounding long-term care in the United States.

• 78% of adults who are getting long-term care at home rely solely on family and friends for their assistance
• Alzheimer's disease is the largest contributor to people needing long-term care.
• The average caregiver is a woman around 46 years of age.
• On average, the caregiver spends about 21 hours per week assisting their patient or family member.
• Over 90% of family caregivers had to alter their work schedule permanently due to caring for their loved ones.
• Around 40% of caregivers have switched from working full-time to part-time.
• Close to half said they had to skip vacation and other personal activities to take adequate care of their loved ones.
• 29% had to use their own money to provide care.
• More than 10% had to move to be closer to their family member in need of care.
• Around 10% had to take a pay cut at their full-time job.
• Only 7.5 million Americans have long-term care insurance, which is only 2.2% of the entire U.S. population.

What can you do today?

Show that you love the elderly. Compassion and empathy will never grow old. Everyone loves grandparents! Treat the elderly just like you would want someone to treat your parents or grandparents.

Raise awareness about long-term care and acknowledge anyone you know serving as a caregiver. The more we understand the emotional, physical, and economic toll that long-term care can take on loved ones, the more we can prepare for our own future. None of us want to become a burden to the people we love the most.

Prepare your family by looking into getting long-term care insurance. Rather than having a family member come and take care of you, a nurse would come to take care of you every day. If you do not have insurance, you will likely pay around $140,000 out of pocket on average. Remember, the elderly have a 20-year life expectancy after they reach age 65.

• Potential cost of care
• For assistance in determining the potential cost of care, consider using the Cost of Alzheimer’s Care Calculator from Georgetown University. This powerful calculator can help you understand the out-of-pocket costs associated with providing care for a loved one with Alzheimer’s disease. 

In Celebration of Random Acts of Appreciation

Thank you, Rashawn Copeland for posting this from David Nurse ! 

So I'm at the mall and a little boy comes into CHAMPS — asking about basketball shoes and if they have any under $75. The worker said no and the little boys face DROPS in sadness. So, I ask, what’s your name? What do you need the shoes for?

It turns out he's on a basketball team and is dying for new shoes— so I said prove it… lol I told him if he sends me a picture of him at his game. I'll buy him whatever he wants and his dad breaks down in tears — after he grab the shoes, I said God bless you — YOU ARE VERY WELCOME.

JORDAN, ENJOY YOUR NEW LEBRONS AND keep up the good work! ♥

Credit: Tinyia Frank

Are You Prepared for a "Fed-Induced" Recession?

The Fed has raised rates for the fourth time this year in an effort to slow inflation.

How will this affect you now and into the future?

Click Here for Our Free Report! 

It’s never too early or late to start, let us help. For more personalized guidance on approaching long-term care planning, reach out to us Today!

We Are Here For You!

To see how we can help you and your family maintain calmness and "Peace of Mind", schedule a call today at: www.meetwithcbfinley.com Learn the M.I.S.E. Process to building your Family's Financial House! 

Call now to schedule your appointment with us. Or, book an appointment directly on our calendar: www.meetwithcbfinley.com 

Restaurants can continue to help in Hurricane Ian recovery efforts

During the rebuilding after the effects of Hurricane Ian, restaurants are playing unique roles in disaster recovery, providing food, power, and information to those who need it most.

If you are an operator impacted by Hurricane Ian, there are local resources available to help in your recovery.

The Florida Restaurant and Lodging Association has resources and recovery information for local operators on its website.

South Carolina operators impacted by Ian can get the latest recovery information from the state Department of Health and Environmental Control.

If you want to support the recovery efforts in Florida, please consider donating to the Florida Disaster Fund or World Central Kitchen.

Download Always Ready: Natural Disasters prep guide

Get restaurant-specific recommendations to weather natural disasters—including recovery tips to get back to business quickly post-storm. Learn more and get your free guide today.

Restaurant disaster relief fund

Restaurants hit by natural disasters might be eligible for a DoorDash $10K relief grant through the Restaurant Disaster Relief Fund, in partnership with Hello Alice.

Open enrollment: Help employees get health care coverage

Open enrollment for 2023 ACA plans on the health insurance exchanges runs from Nov. 1 through Jan. 15, 2023.

Be prepared to help your staff members get health care insurance, not just those who qualify for the program you offer, those working 130 hours or more in a calendar month—to sign up or re-enroll. Contact us for more information: www.meetwithcbfinley.com 

Michigan Restaurant & Lodging Association Job Board 

This is a FREE resource for the public to have access to industry jobs and be notified when positions become available. Operators are posting new open positions on the MRLA Job Board every single day, just for you.

Build your profile and upload your resume ahead of time for a quick and easy application process. Subscribe for career updates and receive alerts as new jobs are posted. You can also text JOBS to 22452 to subscribe to text message updates of new posts!

Quick bites...

• 7 Brutal Lessons that Ultimately Make Life Beautiful
• 4 Common Reasons Strategies Fail
• 6 Questions to Help You Simplify and Focus on What Matters This Fall
• 7 Things You Gain When You Let Go of Control
• What to Do Immediately After You Click a Phishing Link

Stay tuned...

• What have you learned from the hospitality industry?
• Ways to Save, Invest and become Debt-Free
• More Random Acts of Kindness/Appreciation
• 4 Ways to Fight "The Great Resignation" - Recognition and Opportunity

Thank you and be safe, see you in two weeks,

Carlton B. Finley | CB Finley & Associates | (248) 780-1192

www.meetwithcbfinley.com 

Attention: Business Owners 

If you have noticed that many of the items mentioned in this newsletter reflect your business' current culture and you would like help in implementing these ideas, would it be worth 15 minutes of your time to learn how to implement these items in your business?   

Schedule a 15-minute chat with us, to see if we would be a good fit to help you implement the strategies discussed in this newsletter. Click here: www.meetwithcbfinley.com