Three Things That Can Save Seniors Hundreds of Dollars Each Month
For most people, retirement means living on a fixed income. That means you can’t continue to spend the way you used to while you were working and earning a steady paycheck. Even little expenditures can add up to big bucks. GO Banking Rates talked to a few shopping experts who shared suggestions on what seniors can do to save possibly hundreds of dollars each month.
Take advantage of senior discounts – Stores, restaurants and even consumer brands offer discounts to senior citizens, and many times all you need to do is ask. Hotels, rental cars, and other travel partners are another place where senior discounts can add up to substantial savings.
Cancel unused subscriptions – Many people don’t realize how much money they are spending on membership fees and subscription services, especially those that automatically charge your credit card each month. Review your charges and cancel any you don’t need or don’t use.
Shop around for better rates – Don’t assume just because you’ve been a loyal customer for years that you are getting the best rate for services such as insurance, cable, or other utilities. Price the competition to see if you can get a better deal; and don’t be afraid to go back to your company to see if they will match that price.
The Seniors Trust is committed to improving the financial well-being of America’s retirees through the passage of The Social Security Expansion Act. It will give retirees an immediate benefits increase of about $200 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and will ensure the long-term solvency of the Social Security program.
