Making ends meet in financial scarcity in old age

The purpose of this paper is to explore qualitatively how older people (aged 69–85 years) living in relative poverty experience their daily life and how they make ends meet (N = 16). The empirical analysis shows that despite deprivations, the interviewees are mostly satisfied, and in order to analyt...

Full description

Bibliographic Details
Main Author: Rikke Nøhr Brünner
Format: Article
Language:English
Published: Linköping University Electronic Press 2018-12-01
Series:International Journal of Ageing and Later Life
Subjects:
Online Access:https://journal.ep.liu.se/IJAL/article/view/1303
_version_ 1811251990803513344
author Rikke Nøhr Brünner
author_facet Rikke Nøhr Brünner
author_sort Rikke Nøhr Brünner
collection DOAJ
description The purpose of this paper is to explore qualitatively how older people (aged 69–85 years) living in relative poverty experience their daily life and how they make ends meet (N = 16). The empirical analysis shows that despite deprivations, the interviewees are mostly satisfied, and in order to analytically understand this satisfaction I draw on three individual and structural aspects: (1) The Danish welfare state ensures the interviewees’ basic ontological safety. (2) As the interviewees lived in financial scarcity during other phases of their lives, they are familiar with being thrifty, and they have a practical sense of making ends meet. (3) Although none of the interviewees had saved up for their retirement, some had saved up social capital, which enables them to modify or take a break from financial scarcity. Thus, although the interviewees’ financial capabilities are similar, their actual daily lives are very different from each other.
first_indexed 2024-04-12T16:27:16Z
format Article
id doaj.art-3c9dbeb8b72a4e4da6837550498c2c64
institution Directory Open Access Journal
issn 1652-8670
language English
last_indexed 2024-04-12T16:27:16Z
publishDate 2018-12-01
publisher Linköping University Electronic Press
record_format Article
series International Journal of Ageing and Later Life
spelling doaj.art-3c9dbeb8b72a4e4da6837550498c2c642022-12-22T03:25:18ZengLinköping University Electronic PressInternational Journal of Ageing and Later Life1652-86702018-12-0113110.3384/ijal.1652-8670.18391Making ends meet in financial scarcity in old ageRikke Nøhr Brünner0 VIVE – The Danish Center for Social Science Research, Copenhagen, Denmark The purpose of this paper is to explore qualitatively how older people (aged 69–85 years) living in relative poverty experience their daily life and how they make ends meet (N = 16). The empirical analysis shows that despite deprivations, the interviewees are mostly satisfied, and in order to analytically understand this satisfaction I draw on three individual and structural aspects: (1) The Danish welfare state ensures the interviewees’ basic ontological safety. (2) As the interviewees lived in financial scarcity during other phases of their lives, they are familiar with being thrifty, and they have a practical sense of making ends meet. (3) Although none of the interviewees had saved up for their retirement, some had saved up social capital, which enables them to modify or take a break from financial scarcity. Thus, although the interviewees’ financial capabilities are similar, their actual daily lives are very different from each other.https://journal.ep.liu.se/IJAL/article/view/1303Agingdaily lifefinancial scarcitypovertystate pension
spellingShingle Rikke Nøhr Brünner
Making ends meet in financial scarcity in old age
International Journal of Ageing and Later Life
Aging
daily life
financial scarcity
poverty
state pension
title Making ends meet in financial scarcity in old age
title_full Making ends meet in financial scarcity in old age
title_fullStr Making ends meet in financial scarcity in old age
title_full_unstemmed Making ends meet in financial scarcity in old age
title_short Making ends meet in financial scarcity in old age
title_sort making ends meet in financial scarcity in old age
topic Aging
daily life
financial scarcity
poverty
state pension
url https://journal.ep.liu.se/IJAL/article/view/1303
work_keys_str_mv AT rikkenøhrbrunner makingendsmeetinfinancialscarcityinoldage