Baby Boomer Lifeboat   

    Tips for Comfortably Retiring on a Tight Income

Baby Boomers can still retire, even on a tight income, by taking steps to stretch their dollars! 

Tips, ideas and advice for making Baby Boomer retirement income go further!

 

       Home     About Us    Advertise Here    Articles   Home Biz   Unique Boomer Gifts    Contact Us    Free Classified Ads    News    Press


Click here to go to Baby Boomer Lifeboat Home page. Use menu below to learn about alternatives available to Baby Boomers seeking to retire on a limited or fixed income.


Reduce Automobile Costs


Helpful Books


FREE Classified Ads


Affordable Dental Insurance


Dating & Entertainment


Cut Your Food Bills


Boomer Beauty, Fitness & Aging


Boomer Health


Shopping Health Insurance


Start a Home-Based Business


Cut Household Expenses


Low-Cost Housing


Life Insurance Strategy


MLM Opportunities


Baby Boomer News


Parental Care Issues


Relocate to a Lower

Cost of Living Area


Baby Boomer Resources


Retire Abroad


Managing your

Retirement Savings


Social Security

and Baby Boomers


Inexpensive Travel


Upside-Down Mortgage?


VA Benefits


Vision Care on a Budget


Volunteering


Work Part-Time


 

5 Creative Ways to Save Money on Gifts for Your Family

Especially when you have a large family, it can take a big chunk out of your budget to buy gifts for all of the special occasions. In addition to birthdays and Christmas, which happen every year, you also need to buy gifts for other events that spring up, like weddings, christenings, and milestone anniversaries. If you're feeling a little tight on cash or are simply trying to sock away as much as you can for retirement, these expenses can add up really quickly. Instead of heading out to the store and buying a gift at full price, plan ahead and be a savvy shopper. Try some of these creative methods to save money without compromising on the quality of the gift.

1. Search the Internet

Buy gifts on daily deal websites, where you can often get things for 50% off or more. In addition to physical items, you can often find dining vouchers and tickets for museums and other attractions, which make great gifts for family members who don't need or have space for more items. You can keep an eye out for daily deals in advance of the occasion, but check the expiration date to ensure the recipient has enough time to use it after you've given the voucher.

2. Use Your Rewards

Use credit card rewards program points to purchase gifts. As you use the card throughout the year, you'll be accumulating points that you can often spend on a wide range of great gift items through the credit card rewards store. Often the rewards store will offer everything from weekend excursions to christening gifts, so you can find a present for any occasion. Another option is to convert your points into gift cards to spend on gifts in retail stores, if you prefer to shop in person or online directly through a retail website.

3. Use Discount Codes

Search for discount codes you can use on websites before buying anything online at specialty stores. For example, when shopping for baby shower gifts, check to find if you can get a percent off discount on a particular item or get free shipping on your order by entering a discount code for a baby website. You can still get the exact keepsake gift you were looking for, but just at a discounted price by entering the code.

4. Shop the Sales

Stock up on toys for your grandkids or other children in your family when you find items they will like on sale. For example, tons of toys go on sale right after Christmas, so shop then for items to give the kids for their birthdays, or even next year for Christmas. When you buy items like this, store them all in one location and keep a running list of what you have, removing items from it as you give them. Then you can just consult the list when an occasion is coming up to see if you already have an appropriate gift.

5. Buy Christmas Cards Now

Cards and wrapping materials can add a hefty chunk of change to the cost of each gift you give. Instead of purchasing these on an as-needed basis, use some cheaper alternatives. Holiday wrapping materials go on sale after the season is over and if you choose generic colors and patterns, you can use them year round. You can purchase cards in boxed sets to save or just make your own on the computer or by hand.

The gifts you give can be very meaningful to the recipient, regardless of how much you spend. Just pay attention to picking a gift that will add to the person's quality of life, rather than just being another item that gets tossed in a box and never used. By looking for good deals on these gifts and avoiding spending on unnecessary extras, you can have the right thing to give on every special occasion, all without going over your budget.

About the Author

This article was a guest post on our blog: http://boomermuse.babyboomerlifeboat.com/


Stay informed - Subscribe to the FREE Baby Boomer Lifeboat Newsletter and Receive a FREE eBook:

Subscribe to our FREE email newsletter and receive a FREE ebook, The Ultimate Baby Boomer's Guide.

Subscribe to our Newsletter

Strict Privacy Policy

 

Recommend this Site

to a Friend!

 

Visit the Baby Boomer Lifeboat Facebook page for valuable articles and comments.

 

Baby Boomer lifeboat LinkedIn page

 

Boomer home-based business advice and ideas.

 

 

Bookmark This Site     Forward Site to a Friend     Disclaimer     Privacy Policy    Boomer Links     Sitemap     This Website  

Copyright 2008-2014 by Pacifica Endeavors LLC.  All Rights Reserved.