Wednesday, 31 July 2019

FRUGAL RETIREMENT

Money-Saving Tips From the Reids

The Reids have their own tips on how to live on a budget in retirement without sacrificing happiness:
  • Cut your own hair
  • Do your own manicures
  • Watch movies from the library, on DVDs or on your laptop
  • Don’t pay for cable TV
  • Find an inexpensive mobile phone carrier that includes internet access
  • Try to have no more than one car
  • Take advantage of free concerts, events at libraries and religious institutions, bike rides and walks
  • Forgo credit cards as much as possible
  • Shop for clothes and household items at Goodwill and Salvation Army
  • Eat a mostly plant-based diet (The Reids eat red meat about once a month and can make a chicken last for four meals, plus homemade soup. They eschew the empty calories and expense of chips, cakes, cookies, candy, ice cream and fast food.)
  • Avoid alcohol and smoking
  • Take advantage of your location’s natural surroundings
  • Look for free college classes to keep learning. In several states, adults 60 and over can attend public colleges tuition-free, as space allows.

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