3 Easy Ways Seniors Can Cut Costs During the Pandemic

Interview Kathleen E. Owings.

Financial Advisor, Kathleen Owings can discuss the topic of how to go about finding and hiring the right financial planner for your individual or family needs.

 

Some Key Talking Points From Kathleen Owings
on How Seniors Can Cut Costs:

During the coronavirus pandemic, seniors have the opportunity to continue to save money:

1.Travel

As most are finding they are not able to travel as much due to the travel restrictions, they are able to save those dollars that they would normally spend on expensive trips or cruises around the world. 

This budget-savings measure could potentially last through the fall so the amount saved could be sizable. 

2. Eating Out

Many retirees like to eat out and spend time with friends over a meal, but with sit down restaurants closed they are not able to have those shared experiences. The pandemic is a great time to dust off their cookbooks and prepare more meals at home. 

They could even share their favorite home cooked recipes with family and friends so that they can all enjoy the meal together, but in the comfort of their own homes. 

3. Grocery Shopping

Grocery stores and food shopping are not like what they used to be before the pandemic. Many people go to the store and end up buying more items than they needed. A great way to save money is to use a home food delivery service, so they are only ordering what they need and not impulse buying as they walk past the junk food isles.

Not only can seniors save on groceries by shopping this way, but have the added bonus of not having to go out in public and risk getting sick

 

Available for Interviews: Kathleen E. Owings.

Kathleen E. Owings is Principal and Financial Advisor for Westbilt Financial Group. She was named one of the 4 Under 40 in 2018, a prestigious award given by the National Association of Insurance and Financial Advisors to only four young advisors in the country. Kathleen manages assets for individuals, families, and businesses to the highest standards of fiduciary duty.

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