It’s easy to get caught up in a spending spree once you retire, whether you end up splurging on vacations, golf memberships, home renovations or some other luxury that you want to be able to enjoy with your new free time.
Spending money you haven’t budgeted for could eat away at your retirement savings quicker than anticipated.
Include “fun” expenses such as affordable vacations and money to pursue hobbies into your long-term retirement budget. If you find that a hobby or vacation requires more funds than you initially allocated for it, think of ways to balance out your spending by cutting costs elsewhere, such as going out to eat less the next month. Or, consider selling off an asset you no longer need.
Small, routine expenses and paying too much for major monthly bills can add up quickly…
Savvy shoppers might be the masters of coupon cutting and buying on a budget, but…
You're supposed to live as freely as possible in retirement. That's harder to do when…
There are many good reasons why sometimes doctors hide the truth from their patients. One…
Some gifts may as well come with a card saying "I didn't put much thought…
It’s Christmastime, and for many people that means friends, family, travel, a delicious turkey dinner…