Your Guide to Funeral Planning | 06.07.2023

Avoiding Emotional Overspending - Pre Plan Your Funeral

Avoiding Emotional Overspending - Pre Plan Your Funeral

Reviewed By: Elizabeth Siegel

Cross Checked By: Joshua Siegel

Few experiences in life are as devastating as losing a loved one, and many people struggle to deal with the grief that comes along with it. Different people are affected in their own ways, and the emotional nature of the circumstances can cloud a person’s rational judgment, making it hard to make time-sensitive decisions, such as decisions about the costs and types of funeral arrangements.

Why Emotional Overspending Happens

When a person spends money without exercising much discretion in response to emotionally challenging circumstances, it is referred to as emotional spending. When your mental faculties are affected, you are unlikely to be able to create a budget and stick to it, and this results in overspending. This becomes an even bigger problem when the time comes to organize a funeral because funeral planning can be an expensive affair, especially if you are doing it at the last minute with little to no preparation. But there are steps you can take to avoid emotional spending during a funeral.

Funeral Preplanning - A Possible Solution

One way in which you can significantly alleviate the likelihood of your loved ones facing emotional overspending is by the funeral planning ahead of time. Funeral preplanning entails making logistical and financial decisions about what kind of funeral service you want to have. You will have to take some time to do the necessary research before making decisions about the various aspects of a funeral, but taking out the time for funeral preplanning will be worth it because your loved ones have a lot less to worry about when the time comes. 

Budgeting Your Funeral Costs

If you have decided to preplan your funeral, you should start by identifying all the possible expenses that can come with it. Funeral costs can be managed effectively if you are willing to spend some time exploring and deciding on the suitable options. Some of the most common expenses that occur in most funerals are the casket, the burial plot, the hearse (if applicable), and funeral home services such as embalming or legal assistance with the necessary documentation.

Many funeral homes provide the option to preplan your funeral and will be happy to advise you about the services they offer. Remember that The Funeral Rule established by the FTC (Federal Trade Commission) prohibits funeral homes from forcing you to opt for any funeral package or service that you do not want to purchase. Whatever you decide, it is essential to ensure that you communicate the arrangements you have made with your loved ones. Although it would be ideal to share these preferences verbally, you can also have your plans documented if that is easier for you.

Preplan A Casket

You can take care of one of the biggest logistical tasks in funeral preplanning by choosing to pre-order a casket. At Titan Casket, you can opt for a preneed contract for any of our caskets by choosing the preplan option on the product page. You can choose to pay the whole amount upfront or in installments, and you will receive your pre-need contract as soon as the first payment is received. The contract is permanent, which means that whenever the need arises, all your loved ones have to do is give us a call, and we will ship the casket you selected the next day. The best part is that you will be locking in today’s price for the casket and protecting your loved ones from any change in the product’s cost in the future.