How To Be A Frugal Retiree - 5 Tips


For most people retirement is the time to really become frugal. What does this mean and how does one do it?

Being frugal does not equate to being cheap. Cheap has a negative connotation of being miserly. Frugal on the other hand is simply not being wasteful. Frugal is doing things in a way that economizes or maximizes your dollar.

A frugal retiree for example will group all their needed trips into one outing with the trip mapped out to avoid unnecessary back-tracking. This will save money on gasoline and really stretch your gas dollars.

A second way to be a frugal retiree is to buy larger packages of meat, and then cut them down to a size more suited to your needs and freeze these smaller packages. Always date these packages so that they don