I just retired and am trying to be smart about spending money. Do you have any tips for retirees looking to save?

Asked by: Eliza Surrey |Posted on: December,15 | Viewed: 377 times

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Thanks for your question, Eliza! Seniorly has some great suggestions for retirees looking to be financially savvy as they age. Our tips will not only help you maintain your current funds, but also help you develop better spending habits for the future. 

In order to spend less money during retirement, try cutting down on electricity in your home and consider carpooling for transportation, which can also help minimize the cost of gas. Rather than eating out (which can cost a lot of money), consider making meals at home using fresh, local ingredients. You may even find that your health and energy levels start to improve, too. 
In order to make some extra money during retirement, consider selling some of your unused items in a yard sale or tutoring at a local school. Ask around your neighborhood to see if anyone needs their dog walked or house watched while they go on vacation. This can be a great way to help out neighbors and make some extra cash for your retirement fund as well. For more financial tips that can help you in retirement, visit the Seniorly Pinterest board "Retirement Resources" for more information! https://www.pinterest.com/seniorly/retirement-resources/ 
We wish you a happy, healthy retirement. Feel free to follow up if you need more information! 
Best, 
Seniorly


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