| Tips
for making your retiree income go farther (and
more)
Making your retirement
dollars go farther can be as simple as "Nudging your
Budget"--trimming a little bit here and there. This
can allow you to keep your current lifestyle without having to
make painful cuts. Here
are some other ideas for you:
7.
Let it
grow, let it grow, let it grow. In Europe many older
women wear their hair long--often styled into a chic updo or
elegant bun.
Now more American women are doing the same. It should only
take a moment to figure out how much you will save every year if
you let your hair grow long.
We even know several
independent men who have let their hair grow and wear it in a
single braid. Whether they are doing it to save money or
strictly for style--we do not
know. Either way, it gives them a very adventurous "I
am my own man" look.
| 8.
See
the Light. Replacing standard light bulbs with
Compact Florescent Light (CFL) bulbs can reduce your
monthly electricity bill by 10% to 15%. The real
savings, however, come from not having to replace the
old-fashioned standard bulbs. Most CFL
manufacturers claim that the bulbs will last 5
years. In fact, some last much longer. |
A
Real Life Retirement:
10 years before she retired, Jan, a London
journalist, moved into a new home. Within
a week she changed every light bulb to CFLs.
A decade later she had not needed to replace one
of them. They were still burning
bright! |
|
9. A Day Without
Driving. We all know that combining trips for errands
can save gas money. A new trend is to designate at least
one day a week with no car trips at all. It is quite surprising
how much additional money you can save. And by walking to
local stores instead of driving, you will be getting your daily
exercise, too.
More Budget Nudges here.
|
Your
feedback and comments are welcome. If you have
experiences or ideas to share, please send
feedback now.
|
NOTE: All names
on this site have been changed to protect individual privacy. The
stories are real, the names are not. |
|
$140,000
The average assets of
people who had to go back to work after retiring from
their primary job. |
|