While budgeting and living within one’s means is important at every age, it’s especially vital for many seniors. With few opportunities to earn extra funds, and many being on fixed incomes, finding ways to save is often crucial. Fortunately, there are many practical ways to cut costs. Here are just a few to help you get started.
Get a Library Card
If you aren’t making use of your local library, then why not? You can rent movies, read all the books and magazines you want, and use the internet there, too. Best of all, it’s free. Instead of buying books and movies, you can simply check them out instead.
Always Ask About Discounts
Countless places offer senior discounts these days, but many don’t advertise them. It absolutely never hurts to ask if there’s a discount available. This goes for stores, restaurants, hotels, you name it. Rule of thumb: if you’re spending money, ask about senior discounts.
Join AARP, ASA, or AMAC
If you’re 50 or older, you should definitely look into joining one of these organizations. The yearly fee is negligible, and you can take advantage of tons of exclusive discounts that’ll quickly offset the cost.
Ask for Medication Samples
Anytime your doctor suggests new medications, ask if he or she has free samples available. This can help ease immediate costs. Additionally, when getting prescriptions from the pharmacy, always see if there’s a generic option. This can save you a lot of money compared to buying name brand versions.
Look for Free and Low-Cost Meals
Often there are various opportunities for seniors to enjoy a free meal here and there. See what your town or city has available in the way of senior centers and soup kitchens. Additionally, many churches also offer free meals from time to time. Plus, you may also qualify for free or low cost-meals courtesy of Meals on Wheels.