Living with elderly parents Moving in with older relatives - or having them move in with you - is certainly a big decision and not one that should be taken lightly. Living with elderly parents, whether in their home or yours, can be a wonderful experience. It gives you a chance to bond with your parents and spend precious time together. However, it can also lead to some tension. It's important to consider your options carefully before deciding to live with your elderly parents. For this reason, we've compiled some key questions to ask yourself before deciding if you …
How to Reduce your Bills
Many elderly people find themselves on a fixed income in later life. For most, this comes in the form of a pension or some kind of benefit. Unfortunately, this can make it difficult to keep up with ever-rising bills and payments. Elderly people can also find themselves with health issues which in turn can be costly, and make it even more difficult to save money. Even if your loved one is living comfortably and has some extra cash to spare, it's never a bad idea to try and reduce your bills, saving up more cash for a rainy day or special occasion! A study by Age UK found that …
Senior Discounts – Shopping & Entertainment
In this part of our senior discounts blog series, we look at the discounts that are available across different shops, both online and in-store. Along with entertainment discounts. As an over 60 you can be entitled to up to 10% discount in certain stores, and receive some great offers, all of which we will discuss here today! We previously touched on all the offers that seniors can receive in restaurants. If you're not into eating out so much and want to save money in other ways then read on as we talk shopping... Boots You may already know about the Boots Advantage card, whereby you …
Senior Discounts – Restaurants
Senior Discounts – Restaurants Did you know that there are plenty of senior discounts out there? These vary across sectors such as leisure, food and drink, retail and so forth. There's almost always a deal you can find, particularly online where hundreds of offers can be sourced. Much like companies and venues offering child and student discounts, senior discounts are just as common. In this first discount edition blog article we're going to give a run down of the senior discounts available across various restaurants. With savings almost as much as 25%, it's the …
Plan Ahead – Power of Attorney
At some point in life, your loved one may not be able to make their own decisions. They may require you to make decisions for them and although it's a difficult situation to think about, it can be made easier through planning ahead. If your loved one can no longer make decisions regarding health or financial matters, it may be time to put a power of attorney in place. Power of attorney is a legal document which gives a person the authority to take care of the finances of someone who no longer can. It could be that they have become incapacitated or are in hospital temporarily and …
Plan Ahead – Making Your Will
If your loved one doesn't have a will, then there's a chance their possessions may not be distributed correctly when they've passed away. We all know discussing death is never a pleasant experience, but when it comes to a will it's a necessary conversation to have to ensure that you're loved ones wishes are carried out. What is a Will? A will is a legal document which outlines what will happen to money, possessions and property (also known as an 'estate') when a person dies. If a legally recognised will has not been put in place then there's no guarantee an estate will be …
