• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Aging in Place | Learn All About How to Age In Place

Aging in Place resources for seniors. Home remodeling, caregiving, health, lifestyle & more.

  • Aging in Place Basics
  • Your Home
  • Technology
  • Caregiving
  • Retirement
  • Money
  • Health
You are here: Home / Money & Finance for Aging in Place / Saving Money in Our Current Economy

Saving Money in Our Current Economy

October 25, 2008 By Mark Hager

Many baby boomers and seniors are cutting back in order to make ends meet during these lean times we seem to be in. We all want to be able to make the most of our money, but we encourage you to take a good look at where you are spending your income so you can make educated cutbacks. Reports are all over about how many older Americans are having to make sacrifices in areas of food, clothing, health care or other items of necessity, which are definitely on the list of what not to cut back unless you absolutely have to. If at all possible, consider getting rid of luxuries or services that aren’t necessities or join the ranks of people who are using coupons to save money.

Educate yourself so you can make good choices.

We’re all in a state of uncertainty about the economy and what the next few months or years might hold for America. Don’t allow yourself to succumb to the drivel of the media and don’t panic. Get and keep your own house in order as much as you can and keep an eye out for a neighbor in need; we’re in this together.

Filed Under: Money & Finance for Aging in Place Tagged With: Aging in Place, elderly, finances, money, saving, saving money, seniors

About Mark Hager

By Mark Hager
LinkedIn | Twitter | Articles
Mark is the Founder of AgeInPlace.com. He also is a consultant and mentor who helps business and organizational leaders serving older adults and their families.

Aging in Place Newsletter

Articles, news & more to help you create the life you want at home. Sent monthly.

We will never give or sell your information to anyone.

Intuit Mailchimp
/* real people should not fill this in and expect good things – do not remove this or risk form bot signups */

Primary Sidebar

Aging in Place Newsletter

Articles, news & more to help you create the life you want at home. Sent monthly.
We will never give or sell your information to anyone.
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp


Aging in Place Articles

  • 5 Brain Boosting Habits for Aging in Place: Enhance Cognitive Health and Independence
  • Naturally Occurring Retirement Communities
  • Relieving Arthritis for Seniors
  • Caregiver Apps : Communicate Caregiving Responsibilities with Other Family Members
  • Joint Replacement Surgery: Things You Should Know
  • Debt Collection Laws for Senior Citizens to Avoid Abuse & Harassment
  • 10 Ways To Keep Your Older Parents Active & Engaged
  • Overcoming the Challenges of Caring for Aging Parents
  • Senior Security Matters: Your Guide to Outsmarting Burglars and Keeping Your Home Safe
  • 5 Home Decor Ideas to Bring Good Vibes to Your House
  • Long-Distance Caregiving Tips for Veterans’ Family Members
  • How to Make Long-Term Care Feel Like Home
  • Transition of Care From Hospital to Home – Infographic
  • Home modifications: My home is fine and I am fine. I don’t need them.

» See All Aging in Place Articles

Recent Articles

Naturally Occurring Retirement Communities

Relieving Arthritis for Seniors

Caregiver Apps : Communicate Caregiving Responsibilities with Other Family Members

Joint Replacement Surgery: Things You Should Know

Debt Collection Laws for Senior Citizens to Avoid Abuse & Harassment

10 Ways To Keep Your Older Parents Active & Engaged

Footer

Aging in Place Basics

  • Aging in Place Basics
  • What is Aging in Place?
  • Home Remodeling
  • Aging in Place Technology
  • Your Community
  • Health Care
  • Services
  • Finances & Legal
  • Planning

Aging in Place Topics

  • Aging in place
  • Home remodeling
  • Home Automation
  • Elderly
  • Home Remodeling
  • Health
  • Senior Cell Phones
  • Aging in Place Glossary

Policies, Terms & Info

  • Terms, Privacy Policy & Earnings Disclaimer
  • Disclosure
  • Advertising
  • Submit an Article
  • Home Remodeling Submissions
  • Press Releases, News & Mentions
  • About
  • Contact

Terms or Us · Terms & Conditions | Privacy Policy | Disclosure · Sitemap

©Copyright © 2025 AgeInPlace.com, Unauthorized use and/or duplication of this material without express and written permission from this website's owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to AgeInPlace.com with a link to the original content.


This web site and the information contained herein is intended for informational and educational purposes only and does not constitute legal, medical, psychological, construction or any other kind of professional advice. Seek advice from a licensed and reputable professional for any matter addressed on this website.