Skip to content

Managing Money

Published on 10 November 2022 02:14 PM

Managing money can be stressful. Getting everything in place now can help reduce the risk of problems later. If you are a Carer or someone you know is already managing someone else’s finances it’s important to manage finances safely to protect them and the money.

We have created a Top Ten Tips document which gives advice on the following information:

  • Getting a power of attorney set up
  • Keeping their money and yours seperate
  • Use systems designed to help you
  • Make a budget and keep a record
  • Imagine you are being watched
  • Involve the person you support
  • Have a plan and manage vulnerability
  • Claim all the entitlements
  • Do you best 
  • Be safe

There are also link to Derbyshire safeguarding adults board, Derbyshire Carers Association and Alzeimers society.

You can view or print the document below