Times are hard. With this economic condition, it is vital to use your money wisely. Spending less overall means more savings for you personally.
As a Senior Citizen, you can take advantage of all of the discount privileges accessible to you. https://seniorsmoneyonline.com/ , hotels, theaters, restaurants, airlines and other establishments offer senior citizen discounts but usually do not advertise it. They don't really even give you the discount automatically, if you don't ask for it. Be sure to ask, otherwise, you'll lose out.
Here are important Money-Saving tips for senior citizens. Tips that may potentially save you thousands of money annually.
Shopping
1. Check the store should they have any Senior Discount Policy. This is getting popular nowadays. Some stores make discounts available on purchases created by seniors. Be sure to ask about it which means you don't miss out on any discounts. Remember, there is no harm in asking.
2. Make a list and stick to it. Be sure to write down the things that you need prior to going to the grocery to avoid any unnecessary purchases. Make sure to update this list frequently.
3. Buy the store brand or the generic version. Probably, the store brand is really as good as the brand name. This will help a lot lowering your regular grocery bill.
4. Compare the cost of items you buy in your neighborhood grocery with other stores in your area. You may be surprised on what much money you can save by shopping in the cheaper grocery store.
5. Do not go to the grocery when you are hungry, otherwise, you will end-up buying a lot more than you actually need.
6. Sign-up for just about any free rewards program. You might not shop that much at that store, but you'll accumulate points every time you do. Plus, the nice thing concerning this is that a lot of likely the store would send you coupons and discounts as part of their promotions.
7. For online shopping, make sure you search the web for any online coupon codes and discounts before finalizing your order. There plenty of websites out there that maintain a listing of coupon and discount codes for hundreds of internet vendors.
8. Shop the clearance or bargain department, most internet vendors have this. Make sure to check if they have a free-shipping promotion (usually stores require a minimum purchase amount).
Food and Entertainment
1. Prepare meals at home instead of dining out. It's cheaper in this manner plus its healthier.
2. Dine-out only during special occasions. You will be surprised on the amount of money you can save.
3. Take full advantage of senior discounts. Most theaters and restaurants offer discounts for OLDER PERSONS so make sure you ask.
4. Check the newspaper and the Internet for just about any restaurant coupons.
Prescription Drugs
1. Always ask your physician for the generic versions. It is much cheaper compared to brand name drugs.
2. Ask your doctor for several free samples.
3. Check the web for coupons. Some manufacturers provide coupons because of their products.
4. Consult with your pharmacy should they offer any Senior Citizen discounts or any discounts from organizations you participate in.
5. Pill-splitting. Usually prescription medications cost almost exactly the same whatever the dosage. As your physician if he can offer you a prescription for twice the number of dose you need so that you can split it in half before taking it. Be very cautious when achieving this. Be sure to ask your doctor and pharmacist for advice before doing this. They should be able to tell you whether or not you can cut each pill in half before taking it.
Insurance
1. Use the same insurance provider for the home and car. Most Insurance Companies give a big discount when you use exactly the same company for insuring your house(s) and car(s).
2. Before scheduling your medical visit, be sure you check if your physician is the main "In-network" of your insurance provider and if the task will be covered. Quite often if you head to an "Out of Network" Provider, you wind up paying a higher deductible and much more out-of-pocket expense.
3. Medicare recipients can save money by obtaining a Medigap Policy. That is insurance coverage sold by private insurance firms to help purchase some medical services not included in Medicare. To learn more about Medigap Policies, click here .
Vacation and Travel
1. Always check the Internet for the cheapest plane fares. Sometimes, the Senior Citizen discount that airlines offer may not be the best deal.
2. Some hotels offer Senior Citizen discounts. It could be far better call and talk with the hotel if they offer this sort of discount prior to making your reservation. It will be wise to check the Internet for any on-going promotions for comparison purposes.
3. Take advantage of Senior Citizen discounts for car rentals and public transportation.
Banks and Credit Cards
1. Call your bank and have them to get the best program which will suit your banking needs. The majority of the banks now have no fees if you maintain a quantity.
2. Call your charge card company and ask for an interest rate reduction. Most of the time, they will offer you a lower rate.
3. Negotiate with your credit card company about waiving or cutting your annual fee. Quite often, they would accommodate you, but or even, at the very least you tried.
4. Pay your bills online. It's free and convenient. Plus it will save you money from postage.
Home
1. Consider using fluorescent bulbs as this can save you up to 50% in lighting bills.
2. Be sure you turn-off the lights along with other appliances when not in use to save money on electricity.
3. Substitute your old appliances with energy efficient appliances. Search for the "Energy Star" label as you may be eligible to receive rebates, credits or sales tax exemptions simply by buying qualified energy efficient appliances.
4. Have a yard sale to reduce things you do not need. As the popular saying goes: "Another man's trash is another man's treasure."
5. Rule of thumb: Anything you haven't used or worn for a year or so have to be given away.
6. Wash your hands thoroughly. Keeping your hands clean will prevent you from acquiring all types of bacteria and viruses. This can help save a whole lot on medical bills.