8 Smart Money Moves to Stay Comfortable (and Sane) During Inflation

6. Ask for Help (and Involve the Kids)

It’s not easy to admit you might need a hand with technology or complex bills. But sometimes, your kids or grandkids are the best allies in saving money.

Ask them to look over your subscriptions, phone plans, and streaming services. You’d be surprised how many duplicate or outdated charges you’re paying. Bundling services or switching carriers could save hundreds a year — without you lifting a finger.

You taught them life skills. Let them return the favor with a few tech skills.

7. Rent Out Space You Don’t Use

If your home feels a little emptier than it used to, there’s potential income sitting right under your roof. Renting out a room, hosting a short-term guest, or even house-sharing with another senior can be a simple way to bring in extra income and add company to your days.

If you’re not into having someone move in, consider renting your home occasionally while you travel. Many retirees are earning comfortable side income through responsible short-term rentals.

Of course, check local laws and safety rules first, but the idea is simple: turn unused space into financial breathing room.

Before you go:  How the Pandemic Changed Spending Habits for the 50+ Crowd — And What You Should Keep vs. Re-work
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Picture of Sierra Callahan

Sierra Callahan

Picture of Sierra Callahan

Sierra Callahan

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