Tag Archives: money

Elder abuse can be psychological, financial, physical or sexual. It affects both men and women. It occurs regardless of a person’s race, religion, class or sexual orientation. It takes many forms, such as verbal abuse or humiliation, physical harm, prevention of decision-making, denial of contact or social isolation. Age Concern …

Monday, June 15, marks World Elder Abuse Awareness Day, the first day of a week-long awareness campaign. Here are some tips from Simon Templeton of Age Concern Canterbury on avoiding financial abuse. One in 10 people aged 65+ will experience some form of elder abuse. The abuse occurs in many …

Jane Wrightson, our new Retirement Commissioner, tells Eldernet about her priorities for the role, and what she is looking forward to when her turn comes. What was it about the role of Retirement Commissioner that attracted you to it? I had a leadership background in media, regulation and industry advocacy …

Financial stress can be the result of rising debt, a job loss, insufficient earnings, high living costs or even money troubles in your relationship. Whatever the circumstances, being worried about money takes a mental and physical toll, plus it can strain relations with your significant other, family, workmates and friends. …

Like a pack of sharks who smell blood, the scammers are already circling. A decade or so ago, during the Global Financial Crisis, investment fraud and other consumer scams were rampant. Today it’s the COVID-19 crisis, and it’s no surprise the scammers are back in force to prey on people’s …

The gap between the rich and the poor is getting bigger. This has vast implications for the whole of the population. Oxfam reported that the richest 1 per cent of Kiwis have 28 per cent — $42 billion — of the wealth created in a single year. Meanwhile, the poorest …

People of all ages across New Zealand can unwittingly become money mules for international fraudsters, and many of those targeted are elders. Now the office of the Retirement Commissioner has partnered with the Police to produce a booklet to help people protect themselves from becoming unwitting accomplices in moving money …

Supermarkets are useful one-stop shops for a variety of goods. However, in case you weren’t already aware, the multi-billion-dollar NZ supermarket industry is dominated by two players, so we don’t have much choice when it comes to our weekly shop. The big two are: Woolworths New Zealand (owner of Countdown …

Myths about money are everywhere. Unfortunately, much of what you know about money is probably wrong and holding you back from success in your financial life. We all must be aware of how our thoughts impact our behaviour with money. As we all know, how you think and feel often …

Early retirement is a major lifestyle goal of many people. However, early retirement isn’t always all it’s made out to be, so it pays to be aware of potential issues and how to avoid them. Here are the top four pitfalls of an early retirement: Spending too much during the …