If You Have Concerns About Running Out of Money, Changing your Spending Habits Can Help. Review These Tips.
Consider the following where appropriate:
- Use the library to borrow books and movies
- Free bread available from your senior center
- Shop less often, use coupons and have a list of what you need
- Avoid impulse buying
- Refinance loans to lower interest rate
- Use lower interest rate credit card (and/or transfer balances from higher rate cards)
- Evaluate deductibles on homeowner/renter and auto insurance. Increasing the deductible can lower the premium (Be sure you have a cash reserve to cover the increased deductible amount)
- Maintain only one car if the others are not a necessity