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cashless society and older people

Financial

Advice and experience to help you support and protect your parents and their rights.

Rookie mistakes when buying life insurance

Collaborative Post Buying life insurance is a great way to protect your loved ones financially in case something were to happen to you. But whether you’ve already bought cover or not, there are a number of mistakes you should avoid to get the most out of your cover. Here are some errors people make when […]

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Top Tips for Managing Bills on Behalf of a Loved One

Collaborative Post Managing bills for a loved one can be a daunting task, especially when aiming to ensure their financial well-being without compromising on the quality of their utilities and services. From setting up direct debits to understanding energy usage, here are several strategies to streamline the process and make bill management efficient and stress-free. […]

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Smart Budgeting: Secrets to Managing Your Finances Effectively

Collaborative Post Budgeting is usually perceived as a daunting, miserable, and unfashionable affair. This originates partly from our unfortunate programming via unwise channels of knowledge. Buying a new cool gadget is thought to be fashionable. Yet, we fail to realize the ravaging repercussions of impulse purchases in our lives. Smart budgeting enables you to navigate […]

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Managing Your Finances in Later Life – Some Top Tips

Collaborative Post Staying on top of your finances is crucial at any age, but it can be especially important for older people. It helps you retire with peace of mind with enough money to cover your basic needs as well as any unexpected costs. Budgeting in retirement Whether or not you’re accustomed to budgeting, now […]

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The importance of an emergency fund

Collaborative Post You have no idea what life is going to throw at you, particularly as you get older. Being prepared for whatever comes your way is always a good idea, whether it be health concerns, family troubles or money worries. One way to build your financial resilience is to start an emergency fund, which […]

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Retirement Readiness: Managing Medication Costs in Your Financial Strategy

Collaborative Post Healthcare costs have become one of the most significant concerns. For many seniors in countries where healthcare is not free at the point of delivery, medication expenses can pose a substantial financial burden. As a result, it’s crucial for these seniors and their families to proactively address this issue in their retirement planning […]

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A Guide to Government Grants for Pensioners in the UK

Collaborative Post In the UK, around 12 million people are over state pension age, and a significant percentage are on pension credit. These individuals often struggle with escalating heating bills and living in homes with outdated heating systems and insufficient insulation. Navigating financial aid can be a maze, especially when discerning what government grants are […]

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