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4 Easy Ways For Baby Boomers To Save Money

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4 Easy Ways For Baby Boomers To Save Money
4 Easy Ways For Baby Boomers To Save Money
Turning 50 can remind you of the importance of saving money. Retirement may be coming soon, and the high price of fighting the effects of gravity, and getting called “ma’am”. You may even begin dreading mail deliveries and the arrival of your AARP senior discount card because it means you’re official. Don’t toss that card and your newly-minted “senior” status out of the window just yet. If you can just get over the unsexiness of the “senior discount,” there are plenty of reasons to get stoked about the milestone.


AARP offers impressive discounts on hotel stays, ranging from 5-20 percent at high-end hotels and resorts. If you’d prefer to take the sea, both Carnival and Royal Caribbean are two major cruise lines with destinations that offer a discount to passengers over 55.
Since cruises are all inclusive, with meals, entertainment, and lodging all included in your package price, you’re able to save on every aspect of your trip.


For many drivers, a major money pit is costly insurance rates and maintenance costs. Some insurance companies offer perks for post-50 drivers. GEICO fhas deals geared specifically toward baby boomers. If you complete a defensive driving course, have a clean driving record for five years, insure multiple cars, or are a member of a credit union or other organizations, you could save up to 26 percent. Jiffy Lube, offers services like oil changes, brake fixes, and tire rotations offers up to 10 percent off of services for people over 55, according to SeniorDiscounts.com.


Tanger Outlets offer coupon books to AARP members with deals up to 20 percent off at stores like the Gap, J. Crew, and Tommy Hilfiger. Most Premium Outlets locations offer 50-plus shopper perks on Tuesdays, saving you 10 percent on your purchases.If you’re shopping retail, it never hurts to ask if they offer any special senior discounts or even discounts for military or teachers. Banana Republic stores offer up to 10 percent off in participating locations, according to SeniorDiscounts.com


A trip to the movies can end up costing you, with popcorn, drinks, and snacks often costing more than your tickets. If you’re 60 or over, many major movie theatre chains offer a discounted rate including Regal Cinemas, and Landmark Theatres (62 in most markets). Some AMC theatres even have a designated senior day in which you can enjoy a special rate all day if you’re 60 or older.

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