When you have spent three-quarters of your life saving up for your retirement, you could be forgiven for blowing the lot in one go once you get there. But, realistically, this isn’t the best of ideas.
There’s no reason the savings can’t continue when you reach a certain age. And, whether it’s to allow you to spend more on the finer things in life or ensure you leave behind a fund for your family, there is plenty you can do.
Today, we’re going to take a look at some easy ways to save. Take a look and try them out – you never know how much it might help!
Be careful what you sign up for
Unfortunately, the world is rife with scams and people trying to take your money. And, let’s be honest, it isn’t just the criminals that are at it – it’s everyday businesses, too. As you get older, you might start placing your trust in the nice young men that come around to tell you about the latest energy deals. But you shouldn’t. Read the small print and make sure you know what you are signing up for. If you are unsure, don’t sign it until you are. It’s a sad fact that as a senior, you will be a target for these kinds of people and businesses. But they don’t know how sharp you are.
Snap up discounts
Lots of stores and services offer discounts to seniors. So, make sure you get into the habit of asking, and make a note of everywhere that will happily shave off 10 or 20 percent. There’s an excellent list over at Mogul to get you started. One thing to remember is that if you wouldn’t buy a discounted product at its full price, you probably shouldn’t, just for the sake of a discount. If you do this with everything, it will completely negate any savings you have made.
Say goodbye to phone bills
The government runs a scheme that offers a free cell phone for seniors, so you should check and see if you are eligible. You’ll get a set amount of minutes and data per month – and a phone. So if you are fed up with huge monthly bills on your current smartphone, it might be worth looking into.
Sign up to rewards programs
Sign up for every rewards program you can, and make sure to have your cards on you every time you visit. Even if you don’t always use those stores, it’s worth it. Often, you will be sent special deals based on your purchase history, and it’s these offers that are worth it rather than the points. Now, we can’t guarantee that there will be anything good enough to buy that crops up. But it could be great for the Christmas period when you’re buying gifts.
If you do any shopping on the web, get into the habit of using a search engine to find any online coupons that exist. It won’t work for everything, but you might be surprised at the amount of coupons that are out there. You could get ten percent off here, or free delivery there, and it soon all adds up.
Hope these tips have helped. Our friends at dealhack have released a comprehensive blog post on senior discounts that’s worth checking out as well.