If you’re a senior and budgeting your money, you may have to cut back on some of the things you used to enjoy. But that doesn’t mean it’s all gloom and doom.
At Heritage Oak Glen, we’re committed to providing a senior mobile home park in Orangevale, California, that’s safe, convenient, and comfortable. Contact us at 916-988-6668.
There are plenty of money-saving tips for seniors you need to know so that your finances can last longer into retirement. Follow these tips, and you’ll be able to live comfortably for years after retirement.
1. Make a list and stick to it.
One of the best ways to save money is to create a shopping list and stick to it. Ensure you include every item you need and nothing else so you don’t get distracted by special offers or extras.
You can always make a new list if you forgot something! A shopping plan makes it easier to see what items are needed, in which store they are located, and how much money is available for purchasing them.
2. See if you qualify for a senior discount.
Many businesses offer discounts as a way for seniors to save money. Many stores and restaurants also offer savings to people with disabilities and military veterans.
Senior discount is an easy way to save money from groceries and dining out to travel expenses like plane tickets and hotels. You can also get your medications for free or discounted rates through insurance plans or Medicare Part D prescription drug coverage plans.
3. Use cash when you can to avoid impulse purchases.
Credit cards are too easy to spend and come with a big bill at the end of each month. So it’s important not to use them unless they’re necessary.
Feel free to use a card if you have an automatic payment app set up or if you belong to a rewards program. The cashback can be deposited into your account each month which you can then convert to usable discounts.
4. Commit time to finding discounts and coupons online.
There are many online coupon sites, so look for the best deals. As one of the money-saving tips for seniors, your best bet is to search for coupons on your own.
You can also find some in the Sunday paper or check Groupon, Living Social, and Amazon Local for discounts. Also, try looking on Facebook and other social media sites where people often post the best money-saving deals around town or in senior communities in Orangevale, California.
5. Save money on your cable bill by streaming online.
Streaming services like Netflix and Hulu are cheaper than cable, and plenty of shows are available for free through local channels in Orangevale. You can also use a digital antenna to get local media for free.
If you’re looking for a true challenge, try watching TV on your phone, tablet, or computer. It’s as close to having your private cinema in the living room.
6. Prepare your meals at home instead.
Making meals from scratch is healthier and more cost-effective, and you can control their ingredients. Planning your weekly menu based on prices for common groceries will help keep expenses below budget.
Cooking individual portions of food in batches allows you to use leftovers or low-fat alternatives when making dishes such as soup, chili, sandwiches, or quesadillas. As a senior living in Orangevale, this economizes on food costs by avoiding wasteful reheating processes and multiple trips to the grocery store.
7. Downsize to a smaller place.
As you age, your Orangevale senior living monthly expenses are one of the first things to start feeling like a burden. Like most people, your biggest expense is probably your rent or mortgage payment.
You can also reduce your environmental impact when you downsize to a smaller property. So whether you’re looking for financial savings or want greater peace of mind by reducing your ecological footprint, downsizing might be the perfect solution!
Heritage Oak Glen is a senior community in Orangevale, California. We’re located in an area perfect for those who love the outdoors, with plenty of space for you to enjoy nature. If you have any questions about our community, feel free to contact us at 916-988-6668 or drop us a message here.