20 Ways for Seniors to Easily Save Money – Part 2
In our previous entry, we started describing the first of a few ways in which Senior citizens can save money with relative ease. Now, we take a look at the next elements on our list and keep on exploring and suggesting money-saving tips for anyone in their senior years.
6. Buy All Your Weekly Groceries in Advance:
Like we suggested you do with your supermarket and other kind of shopping on our last article, you should also switch to shopping all your groceries in a weekly basis if haven;t already done so. Building a list of your shopping needs for that supermarket trip every week will not only let you organize yourself better, but also, will allow you to spend some quality time with a friend or relative should you choose to ask them over for a small shopping trip.
7. Travel in Groups:
Let’s say you are planning some vacations and you even acquired a personal loan to be able to cope with the expenses. But have you ever considered going on that vacation with a few more friends or relatives? Nowadays, almost every travel agency offers several deals for traveling groups, allowing you to save substantial amounts of money, perhaps not even needing to apply for that personal loan in the first place. Additionally, other travel agencies give their customers entirely free trips if they manage to bring a set number of customers, so if you manage to do so, you could even travel for free! But however you choose to travel, always consider the prices per person and if increasing the number of travelers might benefit you.
8. Brew Your Own Coffee:
This might sound like a bit too much, but is you are a coffee lover and you just can’t stay away from your favorite coffee shop, then consider seriously brewing your own coffee. Not only it will save you enormous amounts of money in the long run, but you will also learn a new skill. And if you think carefully, the daily amount of change that you can save this way can add up and amount to a good portion of your monthly personal loan repayments.
9. Don’t Spend Money on Movies and Books:
While just about everyone likes to follow the trend and buy the latest books and watch the most recent movies, you don’t have to. In fact, your local library surely is and remains remains the best way to save on books and movies. What is even more, with the advent of the internet and digital media like eBooks and streaming videos, an increasing number of libraries have started lending programs of these digital goods, allowing you to lends some of the latest books and films without needing to even leave your sofa.
10. Be Punctual With Your Payments:
If you have acquired a personal loan or other kind of financial aid, make sure to write down all the payment due dates so you don’t fail with them at all. If you want, you could also use online automatic payments to repay your personal loans, which will ensure that you don’t get overdraft on your bank account. The greatest benefit of being on time with your payments is that you will avoid any overdraft fees, which tend to be quite substantial. Additionally, by repaying your personal loans punctually, you secure the trust of you lender, so you will be able to apply for another personal loan again in the future.
And that’s it for today. Come back to the site later to find out about more ways in which any senior citizen can save up money in the current economic climate.