In today’s tough economy, all of us are interested in ways we can save a few bucks. Eating out and enjoying special events have become rare as most of us struggle simply to make ends meet. Fortunately for seniors there are a variety of ways to save money – if you know a few tips and tricks.
1. Take advantage of your senior discount wherever you go. Most restaurants, fast food joints, and stores have a senior discount policy. If you don’t see the discount advertised, simply ask.
2. Sign up for any and all rewards programs. Even if you don’t think you shop enough at a particular store to earn the rewards, chances are you will eventually accumulate enough points to qualify for special coupons and deals.
3. Check around before you buy. It’s always a good idea to compare prices before you make your final purchase. This goes for large purchases of course, but even for small household items and groceries. If you have an iPhone, download an app that lets you compare prices from your local stores. This will save you the trouble of taking notes while you shop.
4. Shop the clearance aisle and bargain stores. Most household items can be purchased at dollar stores at considerable discounts.
5. Check online for coupon codes. If you’re an online shopper, be sure to check out retailmenot.com for coupon codes. Most popular online stores are listed, and the coupon codes are rated based on their accuracy and reliability.
6. Call your credit card company and ask them for an interest rate reduction. Your good credit may earn you a lower rate.
7. Pay your bills online to save on postage.
8. Before you schedule a doctor appointment, double check to make sure your doctor is part of the “In-Network” of your insurance company. If you go to an “Out-of-Network” provider, you’ll end up paying a higher deductible and more out-of-pocket expenses.
9. Take advantage of free entertainment. Check your church’s bulletin board, local websites, and newspaper for local events offered at no charge. Take in the high school musical rather than paying a fortune at the theater. Rather than hitting the stores, check out movies and books at your library for free.
10. Visit your local Senior Citizens Center. These centers often offer discounted or free events, meals, health programs, exercise, and transportation options.
It’s also important to stick to a strict budget if you’re looking to save money. Get organized with your expenses, try the above tips, and watch your bank account grow.