So you have reached retirement. First of all, congratulations. Look at how far you’ve come and everything you’ve achieved along the way.
Being retired doesn’t mean you can’t still improve your financial situation, however far into retirement you are. Have you been keeping track of your expenses? Are you following your retirement plan?
Many people question have they saved enough for retirement itself and regret not saving more when faced with retirement. Did you know that you can still save money during retirement though?
Maximise your retirement income and reduce your costs with Mason Wealth Management’s tips on how to save money during retirement. Your regret will ease by following these steps.
Save Money By Prioritising
Prioritise what you spend your money on by sticking with what is important to you. Spend money on the requirements, the necessities, for you and of your household.
Chances are by this stage you don’t have to buy food lists for all those kids, your partner and yourself anymore. Break the habit of buying more food and stick to less.
Figure out the least important expenses and take it from…
So you have reached retirement. First of all, congratulations. Look at how far you’ve come and everything you’ve achieved along the way. Being retired doesn’t mean you can’t still...
Alright so it’s Christmas, the season to be jolly and everyone is ecstatic. One thing which isn’t so jolly is the financial burden on your wallet with the various gifts you have to buy for loved ones.
The fact of the matter is Christmas can be a stressful time financially for the majority of people. Unless you have a comfortable amount of money set aside for presents the gift shopping will take its toll.
Make the holiday season less financially stressful with the following tips.
1 . Make A Budget
At Christmas time it’s easy to get carried away with Christmas shopping. You’ll want to treat your loved ones to the best of the best just to see those looks of excitement on their faces when they open their gifts on Christmas Day under the Christmas tree and frankly, because they deserve to be spoiled.
All things considered, you need to set a budget on the amount you can realistically spend on presents. There’s no point going overboard if this eats into the money required for food, rent, house bills, money you will need…
Alright so it’s Christmas, the season to be jolly and everyone is ecstatic. One thing which isn’t so jolly is the financial burden on your wallet with the various...
At some point in time we all have to retire. We cannot work forever, a sad fact for all you workaholics out there. Many people don’t give much thought to retirement until much later in life but you should give it thought sooner rather than later.
Retirement planning should start early to enable smooth sailing when the time comes. You want to make your retirement as easy as possible but what does retirement planning consist of?
Retirement Planning As A Broad Term
Retirement planning is an extremely broad term. It can involve different aspects at different stages of your life. For young people it can centre around saving for retirement as time is on their side.
More than 15 years from retirement and you might want to start planning what you are actually going to do when retired. What are your hobbies and interests? Are you going to volunteer? You will begin to think about how you are going to spend all your free time. But also consider how much income you will need in retirement to support your desired lifestyle.
Fast forward to…
At some point in time we all have to retire. We cannot work forever, a sad fact for all you workaholics out there. Many people don’t give much thought...