If you or your loved one is a senior living on a fixed income, you may think that moving to a retirement community is out of your reach. Living on a fixed income may make your finances much tighter, but at BridgeWater Assisted Living, we are committed to making senior living affordable. Here are a few tips for living on a budget:
Special offers and discounts can vary between companies and businesses you patronize, so check before you go to see what you can be eligible for. Make sure you ask when you’re at the pharmacy, grocery shopping, eating at any restaurants, traveling, visiting your favorite museums and attractions, and more.
If you’re looking for some entertainment or the best places to stretch your coupons, you can check out websites such as TheSeniorList, which has a list of the best senior discounts for 2022. On this list, you’ll find details about whether you need a membership card, what age you’ll need to be, what day of the week or month you can get the most out of it, and how much the discount is. Some entries vary by location, such as large chain restaurants, so you’ll still want to ask first.
This is an important part of any budget plan. Make sure you have the money set aside for your important and essential bills first, such as mortgage or rent, your car payment, insurance, utilities, and food. When it comes to grocery shopping, it’s easy to simply decide to go shopping when you run out of an item or two. However, it’s been proven that going grocery shopping with a list helps you buy only the things you plan to buy, saving you money and time. You’ll eat healthier, plan your meals better, and take fewer trips to the grocery store overall.
Once you have paid off all your essential monthly bills (and put a few dollars into an emergency fund, just in case), then you can buy the nonessential stuff. Just make sure you don’t go overboard. Sticking to a budget is difficult but rewarding, especially when you come in under budget for the month.
Every adult deserves an excellent retirement, with the best care money can provide. That’s why we are committed to making senior living affordable and enjoyable. Our community benefits advocates can help determine the best way for us to assist you, whether you qualify for low- or fixed-income assistance, you or your spouse is a US veteran, or there are other benefits or pensions to be found for you.
Since BridgeWater’s state-of-the-art apartments and communities were developed and built using the federal tax-credit program, seniors in Arizona can receive quality care without breaking the bank. Whether you are looking for independent living or require assisted living or memory care (or if you anticipate moving from one to another), we’re committed to helping you thrive during your retirement in a comfortable community, surrounded by friends. Contact us today.