Seven Frugal Habits Retirees Swear By

Create And Stick To A Budget

First things first, if you haven't already, it's time to create a budget. Knowing exactly how much money you have coming in and where it's going out is crucial.

Prioritize Healthcare

Healthcare will likely be your top retirement expense. Staying active, eating healthily, and getting preventative care will help you avoid surprising charges.

Embrace Senior Discounts

Never undervalue discounts. Many restaurants, movie theaters, grocery stores, and travel companies offer senior discounts. Some places give 50-year-olds discounts.

Downsize Your Home

Downsizing can significantly reduce your living expenses, including utilities, maintenance and property taxes.

Save On Groceries

Grocery shopping can take up a significant portion of your budget, but there are plenty of ways to save on the foods you love.

Cut The Cable

Streaming services have made pricey cable packages obsolete. Choose what to watch for a fraction of cable's cost.

Use Public Transportation

Does your area have reliable public transportation? Take advantage of it instead of driving. You'll save on gas, parking and maintenance.

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