ABLEnow blog

Unique Expenses in Uncertain Times

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As people remain sheltered at home, the coronavirus pandemic has shifted the way most Americans are spending their time and money. An ABLEnow account can be a helpful resource for eligible individuals to maintain health, independence and quality of life during this time.

To avoid going out in public, many people may be spending less on certain things such as transportation, in-restaurant dining and live entertainment. But there are still many expenses. Here are five ways ABLEnow customers are using their accounts during the pandemic.

Health

Need to stock your medicine cabinet? An ABLEnow account can be used to pay for everyday essentials such as a thermometer, over-the-counter medicines, face masks and sanitizer. While most people know funds in an ABLE accounts can pay for healthcare and pharmacy expenses not covered by insurance, qualified disability expenses can include telemedicine and virtual therapy appointments as well.

Food and essentials

More and more, people are turning to online services to get their groceries and other essentials delivered as they try to stay socially distanced. An ABLEnow account may be used to pay for the account owner’s food — grocery delivery or pickup, takeout meals, pizza delivery and more.

Education and respite

Even under the best of circumstances, the logistics of education and caregiving can be challenging. The pandemic has made these tasks even more complex. In different parts of the country, school, daycare, homecare and respite services may look different based on local guidance. Funds in an ABLEnow account may be a valuable resource for families turning to in-home education options, private tutoring and other new avenues for care.

Entertainment and advocacy

Americans are consuming unprecedented levels of media while sheltering at home. An ABLEnow account could be used to purchase a new device, subscription or service to stay connected and informed. Use funds in an ABLEnow account to register for a conference, participate in a virtual class, or catch up on your reading list. Try some of these book recommendations from Access Living by authors with disabilities.

Save and invest

If funds aren’t needed immediately, some ABLEnow customers are taking the opportunity to build emergency savings and invest for the future. Asking loved ones for gift contributions or contributing funds from your tax refund or stimulus payment are ways to boost ABLEnow savings for long-term.

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