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Creative Ways to Cut Expenses

Creative Ways to Cut Expenses

Photo: thriftyfun.com

Even as the economy improves, many people are still hanging on tight to their finances. Given the economic decline that we experienced in the last few years, this is not a bad idea for anyone, including seniors. If your aging loved one is seeking to save money, consider the following areas.

  • Reduce Monthly Recurring Monthly Bills – Set aside some time to review your loved one’s monthly bills. If your senior is paying for a monthly membership or subscription they no longer use, make the call to cancel. Often, utility companies offer special senior rates and/or cost saving payment plans to help those on a fixed income. National Grid, NSTAR and Verizon are just a few of the Massachusetts companies that provide discounts for seniors. Determine if your senior is eligible for a discount.

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