I recently came across an article that mentions that Costco and Walmart sells caskets. A Walmart casket can cost from $895.00 to $1799.00. They sligtly undercut the costs of Costco Caskets. Meanwhile, caskets from a funeral home starts at $2,255.00.
As a frugal person, I think it would hurt my heart to know that an exhorbident amount was being spent at the end of my life. I would feel much better in knowing that at the very least, good sense was used in chosing my homecoming arrangements.
It’s good to know that there are several ways of cutting standard funeral costs. With the average cost of a funeral being $7,723.00 and it is rising steadily each year. I know that with some planning, my family can do much better.
Here are some basic ways to cut the costs of funerals.
Cremation costs cut funeral costs dramatically, as burial fees are not included and you can spend less on the casket.
Some people opt to donate their bodies to save on burial costs as well.
The most sensible way to cut funeral costs, and most especially, the costs to the family members is to pre-plan your funeral. According to the National Funeral Directors Program, you should know your bill of rights for funeral planning. The bill of funeral rights includes being provided with a detailed price list, having a contract in writing, and a cancellation clause.
The most important thing you can do is inform your family as to your plans and desires and make sure you have arranged for it in pre-paying, and written contracts. Personally cremation is my funeral choice and my insurance policy should cover the cost of burial. Ps. I am perfectly OK with getting a Walmart casekt.
~Andrea Hermitt writes for parenting (specifically teens), the home blog, and also the frugal blog, and homeschooling at families.com.
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