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Category archives: senior money

When Retiring Overseas

Retiring overseas is a big move. However, living abroad can cost you far less than what you currently pay at home. Seniors can improve the quality of their lifestyle when they retire to another country. Those who are adventurers can thrive in change, learn a new language and afford a comfortable or luxurious lifestyle. Various retirement spots across the world have better weather, good security and access to excellent medical [...]

Protecting Your PIN-Number

Protecting your PIN is of utmost importance because crooks can target your number and steal your money. Safeguard your PIN number to reduce the chances of becoming a target. No matter whom you are with or where you are, always keep your PIN a secret. The following steps can help ensure your PIN is always safe. Dont’s Don’t write your pin number down or store it in your phone. Always [...]

How to Spot an Investment Scam

Seniors can invest their money wisely to earn residual income. However, it is always recommended to look out for investment fraud, which can take many forms. Some of the investment scams that an elderly can be lured into include pump and dump, ponzi schemes, prime bank, off-shore investing, pyramid schemes, seasonal trading, low risk investments and affinity fraud among others. New and old tricks are being used to lure a [...]

5 Winter Money Saving Tips

The harsh winter weather can become costly for seniors. However, there are preventive ways to ensure your property is well protected from the winter. The inexpensive methods are easy to implement and may save you a lot of money in the end. Therefore, before the winter season is upon you, you may do a few things to assure your readiness for the biting cold. DIY weatherproofing Weatherproof your windows and [...]

Funeral Financial Assistance for Seniors

The elderly can seek funeral financial assistance to ease the burden associated with funerals. Not only does it give you peace of mind to know that your funeral expenses will be catered for when you die, but also your loved ones will not have a hard time trying to cater for your funeral expenses. There are various ways you can receive financial assistance for your funeral. You may need to [...]

Safe Online Selling Practices

Whether you want to sell a few items or conduct a yard sale there are a few ways you can advertise and sell your products. The traditional way of organizing a yard sale can be quite hectic and demanding. As the Internet continues to evolve, you can take advantage of the resources available to sell your products online. Craiglist and eBay are just some of the online classified ads that [...]

Helping Your Grandchildren through College

Your grandchildren’s education is as important as any other aspect of their life. To make sure you help your grandchild through college, you may try everything possible to make it happen. This includes any resource that gives them the opportunity to be in college and acquire as much education as they can possibly get. Giving them your love and support in their education can encourage them to work even harder [...]

Handling Old Debts

Some debt collectors are on hot pursuit for persons who have old debts. Though it is illegal for them to sue for your old debts, the collectors can use many ways at their disposal to make you pay your old debt. The statutes of limitations typically range from 3 to 10 years. Once your debt passes the statute of limitations, you are not mandated to pay the debt but you [...]

Tips On Buying Your First Stock

You can own stock at your old age to gain cash benefits such as dividends. Purchasing stock of your dreams can help you achieve your financial goal if you have the right tools when investing. Over long the long-term, the stock you purchase may perform better and continue providing you streams of income. The types of stock you can buy with your hard-earned money can either be common or preferred. [...]

Cheaper Ways to Create Your Will

To create a will does not necessarily need the presence of a lawyer unless the circumstances are complex. You can create a cost-effective will that can save you on money you would have otherwise spent on the lawyer. There are simple and standard templates for writing wills online if you don’t want to do it through a will writer. A will is designed to legally declare how you wish to [...]

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