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Home 2019 February 12 Retirees Are Wasting More Than $8000/Year on These 10 Things

Retirees Are Wasting More Than $8000/Year on These 10 Things

New Clothing and Accessories

Periodically getting new threads is a priority for the fashion-forward, but it’s also a great place to find a little more space in your budget. A new wardrobe can be pricey, but opting to shop at discount retailers or thrift shops might help you stretch your money further. The average retiree spends an average of $55.56 a month — or $666.69 a year — on new duds and accessories, so cutting half of that out saves over $300 per year.

Savings Subtotal: $1,026.25

Feb 12, 2019Tudor Zaharia
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