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Help for Grandparents Raising Grandchildren

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Uploaded on Apr 7, 2011

http://www.cambridge-credit.org/ -- Nearly 3 million children in the United States are being raised by their grandparents, a figure that has risen substantially throughout the recession. Matters of the heart often trump financial foresight, and many grandparents' first instinct is to open their homes to children who desperately need their care and guidance. However, the financial challenges grandparents face when they agree to become a caregiver for a young child can be substantial. There are education costs, clothing expenses, increased grocery and utility bills, and a host of new financial challenges that can compromise the budget of individuals living on a fixed income.

Watch this week's webisode from Cambridge Credit Counseling Corp. to learn how to access resources and funding for Grandfamilies. Host: Community Outreach Director, Thomas Fox.

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