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.