Unfortunately, there are bad people out there who will think nothing of taking a senior person’s trust and abusing it by taking their money away in sneaky ways. It is also unfortunate that the trusting nature of many seniors causes them to be easy targets for various online and telephone scams.
Financial abuse against seniors is becoming an increasing concern, not just in Australia, but throughout the world. In fact, the World Health Organization (WHO) found that financial abuse of seniors to be so severe that in 2002, it encourages every country to create and implement a plan to protect seniors.
According to AGL Energy, the average home heating costs accounts for more than of your entire annual energy costs. This is a huge chuck out of your annual budget and is worth taking a closer look at to see if your can lower these costs.
One of the most frustrating financial issues pensioners may have, is the ability to qualify for a loan when on Centrelink or having bad credit. Fortunately, there are a range of pensioner loans available. They can include low or no interest loans, with minimal fees. Learn more…