Who doesn’t love good savings for seniors? With the new year upon us, we’ve compiled a quick-win guide for seniors to navigate shopping and gain control over their finances in 2024.
Sign Up for Bulk Memberships
While wholesale membership stores don’t explicitly offer a senior discount, their savings on hearing aids, optical care and gift merchandise help rack up savings. Consider joining wholesale membership stores like Costco and Sam’s Club for exclusive discounts during the holidays and beyond. Benefit from great rates on gift cards, travel, prescriptions, and optical costs in the upcoming year. This simple step could lead to significant savings in 2024.
PayPal Honey Extension
Enhance your online shopping experience with the PayPal Honey extension. Add it to your internet browser to identify coupon codes and discounts at the checkout of any online store. Honey can detect hidden deals, saving you extra dollars on your shopping cart just before you make a purchase. It’s a free tool that can only bring you some upside.
Cheaper Gas with App
Save money at the pump with GasBuddy, an app that helps find the best price on gas along your route. Save a little time and money as you make holiday plans this year. Give it a try and save on holiday travel.
Extended Warranties
This year, consider protecting your new purchases and your savings account with an extended warranty. Consider the potential upside given your current season of life. While costs sometimes outweigh the benefits, an extended warranty can also provide valuable protection.
Insurance Check
The start of a new year is an opportune time to evaluate your insurance coverage. Whether you have supplemental health coverage, Medicaid, or life insurance, ensure that your health and assets are protected from unexpected emergencies. Large health bills can put a large dent your savings account and affect next year’s traction.
Credit Monitoring
Play a defensive role in the savings game by signing up for credit monitoring in 2024. The holiday season is a prime time for identity theft and unauthorized purchases. Safeguard your finances by staying informed about your credit activity. More tips on protecting your money online can be found here: BankersLife.com.
Senior Discounts
Embrace the benefits of ageing, including the senior discount. Whether you are taking your family out to dinner, traveling, renting a car or purchasing holiday gift, remember to ask about a senior discount. Here are a few of our favorite senior discounts courtesy of Senior Living:
Amazon: 50% off Amazon Prime Membership (65+)
Kohls: 15% Off Wednesdays (60+)
Michaels: 10% Off Every Day (55+)
Wyndham Hotels: 10% off (AARP Member)
Amazon Coupon Page
In addition to Amazon’s Prime senior discount, explore Amazon’s coupon page as a starting point for your holiday shopping. Browse the page to discover potential discounts on gifts for your loved ones. At best, you’ll find a great gift at a discounted rate and at worst, you’ll get some valuable ideas.
Bankers Life is Here
Saving money in 2024 is a top priority for many seniors. Whether you are looking for quick tactics or more extensive strategies, Bankers Life is here to help protect, save, and grow your assets into 2024. Check out BankersLife.com for more information.
