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What are money saving tips for retirement
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[QUOTE="Ayuba Ernest, post: 255832, member: 70169"] There are a lot of things to think about when you're retired and one of the biggest is how to make your money last. Here are a few money saving tips to help you make the most of your retirement. 1. Make a budget: This may seem obvious, but it's important to know exactly where your money is going each month. Make a list of all your income and expenses and see where you can cut back. 2.Save on housing: Housing is often one of the biggest expenses for retirees. If you own your home, consider downsizing or moving to a cheaper area. If you're renting, try to get a lower price by negotiated with your landlord or finding a roommate. 3. Eat out less: Eating out can be a big expense, especially if you do it frequently. Try cooking at home more often and taking your lunch to work or on errands. 4. Cut back on travel: Travel can be expensive, but it doesn't have to be. Try taking budget-friendly vacations close to home or take advantage of discounts for seniors. 5. Save on groceries:Groceries are another big expense for many people. Try shopping at discount stores, using coupons, and planning your meals around sales. 6. Save on entertainment: Entertaining yourself doesn't have to be expensive. There are plenty of free or low-cost activities you can do, such as going for walks, visiting museums, or attending community events. This can help you save a lot better. [/QUOTE]
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