Augusta
VIP Contributor
Most tips you would get will always be how to be financially stable before retirement but I believe the real job is in financial stability when you are a retiree. The truth is that I see a lot of retiree in town looking beaten and you would know there are being pressured financially. Just depending on your pension wouldn't cut it as sometimes inflation at some point will make the money you receive become so minute. So how can a retiree still be financially stable in retirement.
1.Start by reducing your bills and only go for the necessary ones. One thing that greatly deplete ones resources is heavy bills. See how to cut out unnecessary bills especially if you can avoid them.
2. Avoid to be idle, you can work at what you are comfortable with to make side money. Even moving about daily for your little job can increase your lifespan. This is a because you are still moving your muscles like you should
3. Go into a business or investment that are genuine and can get h you passive income. The most important thing is that you are making money daily. This is the only way your funds can be replenished and you continue to be financially stable.
1.Start by reducing your bills and only go for the necessary ones. One thing that greatly deplete ones resources is heavy bills. See how to cut out unnecessary bills especially if you can avoid them.
2. Avoid to be idle, you can work at what you are comfortable with to make side money. Even moving about daily for your little job can increase your lifespan. This is a because you are still moving your muscles like you should
3. Go into a business or investment that are genuine and can get h you passive income. The most important thing is that you are making money daily. This is the only way your funds can be replenished and you continue to be financially stable.