Did you know that the single, most insistent reason why seniors would rather delay retirement than spend the last years of their lives enjoying it and making it worthwhile is that their retirement money is never enough to support them? This is indeed a sad one but very true for most working seniors. Consider them lucky since half of the senior population is out of work and they are now living on whatever is left for them to support themselves.

When we talk about bills, of course what bothers an elderly’s budget the most is his or her medical bills. It is a given fact, even if the government is trying to pave ways to make a senior’s life a little better, going through a pace when your body is not agreeing with you most of the time then you still need to get a doctor to inspect it on a regular basis is a very, very expensive price to pay, both emotionally and financially speaking. So to make ends meet, we save.

·    Try not to make anymore debts. In this day and age, it is much easier to borrow money than save for something but a senior doesn’t need this kind of pressure anymore so as much as you would want to, stay away from it.
·    Generic drugs vs branded ones. Medical bills are too much pain in the pocket hence the need to cut corners when we see fit. The problem with medical bills is that some areas of it cannot afford delays. By using health insurances and inquiring about generic drugs you can use instead of buying the expensive, branded ones can help you lessen the burden even for a bit.
·    Generally, generic ones come cheaper than branded products. It also applies to household necessities and even for personal needs. Whenever you can, opt to buy generic brands.
·    Shop when it’s discount season. Most department stores hold seasonal sales that you can take advantage of.
·    Try shopping online. If you’re familiar with online store, you’ll see that most products and services offered over the internet is way cheaper than those you can find in department stores. Just practice safety shopping when online to avoid getting scammed.
·    Basic necessities usually come at discounted price for seniors such as telephone bills and water services. Inquire about them.
·    There’s nothing wrong with using discount coupons. They can save you a lot of money so why not use them? Scour newspapers, mails and even the internet for more.
·    Limit dining out for special occasions only. Dining out is, almost always, expensive and it can make quite a dent in your bank account if you make it a habit. Instead throw potluck parties when you need to unwind and have a little fun.
·    Join senior organizations because they assist their own. Most organizations give discounts to members and we all know discounts are good.
·    Get to know more government programs for seniors. You’ll never know when you’re going to need one.