Frugal Tips for Living Alone when retired

Here are a few tips for living alone after 60:

• Shop for groceries with coupons and shop in bulk and freeze what you don’t use right away to save money and reduce waste.
• Take advantage of senior discounts. Many stores and restaurants offer discounts to seniors, so be sure to ask if one is available.
• Consider downsizing to a smaller living space to save on rent or mortgage payments.
• Cut down on your monthly expenses by canceling subscriptions or cutting back on non-essential expenses and cooking at home.
• Use the library for books, movies, and other entertainment to save on expenses.
• Look into local senior centers or community centers for social activities and resources, which can provide a sense of community and opportunities for free or low-cost events, entertainment, and activities.
• Use energy-efficient appliances and light bulbs to save on utilities. We’re all guilty of forgetting to turn off the lights before we leave a room or leaving our electronics plugged in, even when they’re not in use. But these things, however small, can add up fast!
• Do your own home repairs. Hiring a plumber or a carpenter can be costly. Sometimes, it’s even unnecessary! With tutorials on YouTube and thousands of do-it-yourself manuals in circulation, there’s a pretty good chance you can learn how to fix that leaky faucet or replace that old showerhead.
• Consider carpooling or using public transportation to save on transportation costs.
• Look into telemedicine options for healthcare needs to save on travel expenses.
• Consider taking on a part-time job or starting a small business to supplement your income or selling things you don’t use or need.

Remember to make a budget and stick to it, and keep track of your expenses to help you stay on track financially.