Jewelry, the Gift of Love

Monetarily Plan Your Parents' Funeral When There Are No Plans Left Behind

It is difficult to plan for the death of anyone, especially for a parent. The grieving process can be compounded if you have to deal with making plans for a funeral that has not been planned for previously. Some parents will leave specific plans for their funeral, plus leave insurance so that their children are able to pay for the funeral. If your parent hasn't left plans for their funeral nor left insurance money, here are some ways you and your siblings can fund and plan their funeral. 

Seek out church services

If your parent was involved in a church or a member of a religion, ask the church that they attended if you can have the service at the church. If your parent was the member of a church congregation, they may be able to host the funeral services for free or for a discounted price. If the services are donated, this will make the funeral much more affordable for the family. Many church services will provide the clergy to speak at the funeral and can point you towards low-cost funeral options. 

Get a jewelry collateral loan

If your parents did not leave insurance money, you will need to have a way to fund the casket, burial, and other arrangements. Most people will have wedding/engagement rings and other jewelry trinkets available that they have collected throughout their life. If you have sisters and brothers, come to a mutual agreement about which jewelry of your parents to sell in order to fund the wedding. Selling jewelry is one of the easiest methods for coming up with cash within a few days, which is what will need to happen to plan for a funeral. You all can determine how to pay off the jewelry loan later on and who gets the jewelry. Visit to learn more.

Contribute the similar income percentages

Instead of having every sibling contribute the same monetary amount, contribute the same amount of your incomes to make it fair. For instance, if one sibling makes $5,000 per month and another sibling makes $1,200, both can contribute 5% of their monthly income. For the sibling that makes $5,000 per month, this will be $250 and for the sibling that makes $1,000 per month, this will be $50. This means that no one sibling will be more burdened with responsibility than other. Take up the contributions immediately after the jewelry loan, then use the money that is collected to create the firm budget for the funeral.