If you have left the days of a full-time career behind because it’s finally time for retirement, then you may be finding life a little more difficult without that full-time income.
Those who have managed to set aside a bit of savings will fair a bit better, but it’s really hard for those trying to live only on what Social Security has deemed acceptable. Regardless of your financial state, saving money is a good idea at any age.
These are a few ways that you can save money and still thoroughly enjoy your retirement years.
1. Switch to A Jitterbug Cell Phone
You’ll want a cell phone for purposes of both safety and convenience, but there’s no reason you have to lock yourself into a plan that eats up a huge amount of your monthly income. Jitterbug offers easy-to-use cell phones and inexpensive cell phone plans that start at no more than $14.99 per month. Taking the time to explore various inexpensive cell phone plans can keep you connected and save you from unexpected charges at the end of the month.
2. Join AARP to Save Money During Retirement
Age comes with benefits that often include discounts at restaurants and movies, but there are many more discounts to be had when you join your local branch of AARP. All you have to do is flash that membership card, and you’ll be eligible for savings on a variety of goods and services that may include flights, hotels, shopping, car repair, eye exams, security systems and much more. Membership is only $16 per year, and it’s even less if you sign up for more than one year at a time. You can learn more by calling 1-888-687-2277.
3. Lower Your Utility Bills
You don’t have to be uncomfortable to bring down those monthly bills. If you’re all alone in the same house that you raised your family in, then you probably aren’t using all of the rooms. In this case, simply shut the vents in any rooms that aren’t regularly occupied, and your heating and cooling bills will fall fast. Unplugging anything that is not in use at the moment will also lower your electric bill. You might not think that an appliance or an electronic device such as a printer would use electricity when it’s not in use, but everything that is plugged in uses some energy.
4. Don’t Pay for Internet
Unless you spend all of your time browsing the web, you can save that monthly fee by using the connection at your local library for free. If you have a laptop, then you won’t have to sit around waiting to use the library’s computers, and you’ll be able to stay as long as you like. The library is also a great place to borrow books and movies instead of buying them, and libraries often offer free activities on a regular basis that you may enjoy.
5. Get a Shopping Buddy
You’ve probably noticed that it’s cheaper to buy in bulk, but that’s not really practical for a single person or even a couple. Shop with a buddy, and you can buy in bulk together and share. It’s also nice to prepare meals for each other once a week with your great buys.
Do you have some other strategy you use to save during retirement? We’d love to hear your suggestions in the comments below.