How to Keep Holiday Spending in Check During Retirement | Retirement
Retirees living on Social Security and other fixed income streams may need to adjust their holiday spending strategy this year amid the high cost of food, retail goods and other items. But with a careful eye and a commitment to budgeting, it's still possible to have a great holiday while keeping your spending in check.To manage costs during the season of gifts and gatherings, consider the following:
Recognize the challenges of holiday spending.
Develop a realistic holiday budget.
Follow handy money-saving tips for retirees.
Implement a solid savings plan.
Keep track of your spending.
Manage credit wisely.
Balance fun and finances in retirement.
Recognize the Challenges of Holiday SpendingIt can be easy to get caught up in the spirit of the season. You might have invitations to atte...