Living well on a fixed income as a senior involves adopting frugal strategies to make the most of your resources. This can include budgeting, cutting unnecessary expenses, taking advantage of discounts and benefits for seniors, and finding creative ways to save money.

Some frugal strategies for seniors include shopping sales and using coupons, cooking meals at home instead of dining out, buying generic brands, using public transportation or carpooling, and exploring free or low-cost entertainment options.

Seniors can save on healthcare costs by taking advantage of preventative care services, comparing prescription drug prices and using discount programs, exploring Medicare supplemental insurance options, and researching low-cost or free healthcare clinics in their area.

Seniors living on a fixed income can access resources such as senior centers, food assistance programs, utility assistance programs, senior discounts at stores and restaurants, and community services for transportation and social activities. It’s important for seniors to research and take advantage of these resources to help stretch their budget.