How Not to Overspend When Planning a Funeral


We often offer advice about taxes here on our blog, but we seldom talk about life’s other certainty. Planning for the funeral of a loved one can be very stressful if you have to do it all while you’re in the process of grieving. There are many things to consider – type of internment, the casket, the service, and the reception. Because of our desire to “just get it done”, and to properly memorialize someone very close to us, we can often overspend when planning a funeral.

At Creditaid, we see the impact that high funeral costs can have. We can offer the following advice to someone who’s planning a funeral:

Take someone with you. Having a trusted friend or family member who isn’t as stricken with grief as you are to help with making the arrangements can assist in keeping a perspective on matters. While the professionals in the funeral industry aren’t trying to take advantage of you, bear in mind that it is a business. Having a “voice of reason” with you could prove to be handy.

Shop around. Funeral services differ in price. While we don’t advocate driving all over town, visit at least two funeral homes to see what options they offer you.

Look at economical alternatives. Instead of a full-blown funeral, you could opt for a “direct disposition”, where the internment is handled in the background, and instead hold a memorial service for friends and family. Cremation is a more economical option than traditional burial in a plot, and has gained popularity in recent decades. It’s now a standard method of burial.

Consider the real wishes of your loved one. Chances are, they wouldn’t want you to put yourself in a position of financial hardship for their funeral. While it’s only natural to want to memorialize someone “properly”, financial realities should always be considered. There are lots of ways to make a fitting memorial without exposing yourself to crushing debt.

Creditaid offers credit counselling and debt management solutions to Manitobans struggling with debt.

Whether you live in Brandon, Carman, Gimli, or Anywhere else in Manitoba, Creditaid can Help You

Canadians are taking on more and more debt. The latest statistics show that, excluding their mortgage, the average adult living in Canada has more than $20,000 of debt hanging over his or her head.

This huge figure is the result of a recently surging economy, which builds confidence among borrowers about their ability to pay back their debt, and record low interest rates, which means that the cost of borrowing those dollars might seem lower than the average.

Map_of_ManitobaAt Creditaid, we see this as a huge problem. The Canadian economy has slowed, especially in Western Canada, where a recent softening of the market for petroleum products has impacted the oil industry and its core of support businesses.

There are a lot of reasons people wind up with debt, and not all of them are irresponsibility. An unforeseen job loss, a sudden expense, or a family member in need can start the slide, and the banks and credit card companies will let you spiral further and further into debt from there, as that helps them maximize their profits.

At Creditaid, we help people get a handle on their debt. We can tell you how to start to climb out of your debt situation, and offer services like debt consolidation when they’re appropriate. We’re credit professionals who are, for once, on your side in your battle against debt.

To have your questions about credit counselling, debt management, and debt consolidation answered, contact Creditaid online or by telephone at (204) 987-6890. We can help you no matter where you live in Manitoba. Our area of service includes but is not limited to Winnipeg, Brandon, Steinbach, Winkler, Stonewall, and Selkirk.