How can I manage my pension

[Peterlight]

This is also my advice to him as the best way to invest your pension money is by putting it in a business whereby you won't need to be stressing yourself too much can you be getting more than enough profit to sustain yourself in old age.

I don't think there is any business out there that doesn't require stress because if you invest in any business or company and you employ an expert to be monitoring or managing the business for you, you might actually lose a lot of money while doing that and your pension might not last, it's best to monitor your business yourself and also enjoy life while doing that.

 

[Shigobad2020]

You are on pension and pay your bill with the pension money, there is nothing you can do about this amount because you will need to pay your bills and buy groceries. However, if you have another source of income and you can manage your finances with the secondary income source, you can but your pension amount to a good cause. You can save in a fixed deposit account. You will earn a good return on your investment without any major risks.

Drawing a chart on how to manage your money is the best thing to do in order to be successful in managing your income, know how much you are earning and decide on how much you want to be spending .

 

[Kunkun]

It's best to invest or at least draw up a plan of how to properly manage the funds, because when money has no plans for its usually fleeting so it's important to have a plan

 

[GIFTMICHAEL]

Since i know pension stipend can't be enough for a retiree here in my country to make livelihood. It will be wise for me to have surplus of investment options to help me earn a living during retirement age.

 

[Lens]

If I get the context, do you mean pension ? If it's pension , then pension is a very small amount of money you can use for something tangible. It's meant for you to eat, drink and enjoy yourself. Pension is a very small amount of money, it won't even be enough for business

 

[Heatman]

The best way for you to manage your pension is to have a pension plan to know what and what you want to use your pension for after retirement planning is very important in every activities that man carries out in his life.

Exactly, in a situation whereby you have no knowledge of how to plan your pension, it's where it's very important to involve a professional body that can do it well for you.

 

[Richard92]

One can be able to manage his or her pension when he or she has good plan before retirement with this you'll be able to know what to do with your pension and how to arrange your needs.

 

[Ralphjoe]

I don't think there is any business out there that doesn't require stress because if you invest in any business or company and you employ an expert to be monitoring or managing the business for you, you might actually lose a lot of money while doing that and your pension might not last, it's best to monitor your business yourself and also enjoy life while doing that.

The grocery business does not add stress to anyone that is running it because you won't need to stress yourself that much when it comes to attending to customers so grocery selling business is a perfect example of a business that will not stress you or pensioners.

 

[Haveit]

I believe pension is something that should have been planned for before retirement so when the money comes, it would just be used to get the job done but if you really do not know much about how to go about it then you can consider seeking a financial advisor.

 

[GIFTMICHAEL]

Sure, anyone who didn't plan the way his or her pension should be utilized before bowing out of service only has him or herself to blame when their is no plan for that.

 

[Senator]

Be wise in managing your pension because it does not come with allowances that you are used to getting in the full employment you were in. So be very prudent and wise I spending you pension

 

[Peterlight]

The grocery business does not add stress to anyone that is running it because you won't need to stress yourself that much when it comes to attending to customers so grocery selling business is a perfect example of a business that will not stress you or pensioners.

Grocery on the other hand needs extra hand which will help the pensioner to enjoy their retirement cos they need rest too.

 

[Ralphjoe]

Grocery on the other hand needs extra hand which will help the pensioner to enjoy their retirement cos they need rest too.

The best thing with this grocery business is that the pensioner can be doing it in the house that is for sure located within the house or rented close to the house so that he will have time and they won't stress themselves with going to work everyday.

 

[Peterlight]

The best thing with this grocery business is that the pensioner can be doing it in the house that is for sure located within the house or rented close to the house so that he will have time and they won't stress themselves with going to work everyday.

Well the way I view pensioners is quite different because I believe the money should be able to take you to places and explore new opportunities around you but settling for grocery store, it's kind of a low statues for a pensionier

 

[Ralphjoe]

Well the way I view pensioners is quite different because I believe the money should be able to take you to places and explore new opportunities around you but settling for grocery store, it's kind of a low statues for a pensionier

You may think that it is quite low for a pensioner but as far as I am concerned that is the best business that suit a pensioner, mind you, most pensioners are very old so you do not need too much money to live the remaining years of their life and they do not need too much stress so I believe such a business would fit them the most.

 

[Dowenship]

I have seen people get paid like salary and still have nothing to do with the money, Because they don't have any plan of investing the money or going into a business, and at the end of it all they don't have any achievements. What advice do you have for people collecting pension every month.

Well,i believe those collecting there pension are more than 60 which means if at all they are to do any business it wont be risky the pension is meant to be spent on daily income.

 

[Lordfalcao]

I have seen people get paid like salary and still have nothing to do with the money, Because they don't have any plan of investing the money or going into a business, and at the end of it all they don't have any achievements. What advice do you have for people collecting pension every month.

Honestly and personally to me I think that the best ways to manage your pension are by estimation and budget and accurate one,these are the essential ways to effectively manage your pension

 

[Alexandoy]

You may think that it is quite low for a pensioner but as far as I am concerned that is the best business that suit a pensioner, mind you, most pensioners are very old so you do not need too much money to live the remaining years of their life and they do not need too much stress so I believe such a business would fit them the most.

I am a pensioner and not 70 years old yet. But I want to avoid stress as much as I can. Business can be an option for an occupation but I do not want business because it is a stressful endeavor. You can say that I am content with my finances and I will just go on to enjoy my simple life.

 

[Senator]

You should be very wise and meticulous when it comes to how you should be spending your pensions you receive monthly. You have no other means of getting money aside that pension

 

[Kelly5]

If you collect pensions on monthly basis, and you are really interested in investing into a business, you should find time to go for seminars that are focused on such type business specifically so that you can be carried along from there