Millions of America’s senior citizens are looking for ways to save money now that they are living on retirement income. There are things they can do, including:
• Cut the cord on monthly cable costs. You could save up to $100 per month or more by switching to Netflix or Amazon Prime Video subscriptions. But you can avoid even those fees by switching to an antenna that can relay news, weather, sitcoms, cooking shows, kid’s shows, sports and movies for free. Most broadcast stations offer additional regional programming free. The Clear View antenna, for example, is one that attaches to your current TV antenna jack. The new antennas are greatly improved from your old “rabbit ears.” Look at the option that will best serve you.
• If you are traveling, there are many discounts that will cut the costs. Many hotels and motels routinely offer discounts for seniors, usually in the range of 10 to 15 percent. Shop around a little before settling on away-from-home accommodations. Booking.com can help you find the most economical choices.
• If you own your home, investing in a home security system could save you money on insurance. Savings of 10 to 20 percent are offered by some insurance companies to clients who install a high-functioning home alarm system. Some alarm companies also offer perks for the purchase of their systems. An alarm system also has the benefit of putting seniors within easy reach of help in an emergency.
• Cruise lines provide a huge variety of discounts for seniors. Check and compare among the leading cruise providers to see where you can get the best deals. A little time spent researching could make your vacation funds go a lot further.
• A lot of the top retailers give senior discounts. Each store decides on when the discount kicks in, some setting the limit at 50 years old and others at 55 or 60. Some of the retailers have regular days on which seniors are treated to discounts. Don’t be shy about asking.