Universal Basic Income (UBI) is a financial model where the government provides a fixed amount of money to every individual within a certain region or group, regardless of their income or employment status The main goal of UBI is to ensure that everyone has enough to cover basic living expenses, like housing and food This … Read more
In 2021 the Department for Work and Pensions (DWP) launched the Legal Entitlements and Administrative Practice (Leap) initiative to address pension underpayments that have affected thousands of retirees Over 119000 pensioners have been identified as underpaid with some owed as much as £12000 The exercise is focused on correcting these underpayments which have primarily impacted … Read more
Canada’s public retirement programs, including the Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS), provide vital financial support to seniors, ensuring they can cover their essential living costs such as housing, food, and healthcare These programs help maintain a stable standard of living for millions of Canadian retirees As we … Read more
Ontario is taking a monumental step in transforming the early childhood education sector by introducing a $23.86 minimum hourly wage for Registered Early Childhood Educators (RECEs) in 2025 This wage increase is designed to tackle staffing shortages, improve working conditions, and attract more individuals to this crucial profession It highlights the province’s dedication to valuing … Read more
In 2024, the Canadian government has introduced a major increase in the Guaranteed Income Supplement (GIS) aimed at providing greater financial support for low-income seniors Eligible seniors will receive an additional $500 per month, resulting in a $2,100 boost annually This increase is part of the government’s efforts to alleviate the financial pressures caused by … Read more
The story of the elusive $80 million Bicentennial Quarter has captivated collectors and sparked curiosity in coin enthusiasts worldwide. While largely mythical, this tale shines a spotlight on the fascinating world of coin collecting and the hidden treasures it might hold. Whether you’re an avid collector or simply intrigued, understanding what makes the Bicentennial Quarter … Read more
As of July 1, 2024, significant updates to the Centrelink Age Pension aim to improve the financial stability of older Australians To qualify for the age pension. individuals must be 67 years old and meet both income and asset tests These thresholds were adjusted to reflect inflation, allowing pensioners to keep more of their income … Read more
Rare coins captivate both collectors and history enthusiasts, not just for their monetary value but also for the stories they tell, the artistry they display, and the historical moments they represent. These rare treasures offer a glimpse into the past, and their scarcity only adds to their allure Below is a deeper look into seven … Read more
Australians are increasingly being targeted by scams that exploit fears and uncertainty surrounding the rising cost of living According to the Australian Competition and Consumer Commission (ACCC) scam activity involving fake Centrelink payments has risen by 25% in the last year. These scams often promise substantial financial relief, including sums like $2,100, but are designed … Read more
Collecting vintage coins is a popular hobby, as rare and historic coins can hold significant value both monetary and historical. While there are many vintage coins sought after by collectors, here are eight timeless vintage coins that every collector aspires to own This highly coveted coin holds a special place in American numismatics 1913 Liberty … Read more