Caregiving can be both a source of joy and stress for caregivers due to the lived realities of care provision and financial implications. In this brief, we explore the emotional and financial well-being of caregivers and assess differences across type of caregiving provided, gender, race-ethnicity, household income level, and geographic location.1 Overall, we find that caregiving has complex effects on caregivers. Many report that their caregiving is valued, and they enjoy caregiving. At the same time, the care they provide often comes at a cost to themselves and their households, ranging from negative effects on health and well-being to financial challenges. Caregiving had a more negative impact on caregivers of adults, caregivers of adults and children, women, people of color, low-income, and rural caregivers.