Care recipient (cr) is living on a fixed income and needs money management tips

Try: Make a budget by listing cr’s expenses and income so cr knows what money is coming in what money is going out this way cr can see what the difference is and where he can make cuts rank the items in the budget in order of importance for example rent mortgage utilities transportation medication are more important than entertainment cable restaurants and some clothing items cut back on the amount of non-food items cr uses shop with a list to prevent impulse buying use coupons either from the newspaper or go online to coupon sites or to the websites of the products cr uses buy in bulk if when possible

Materials: Pen and paper

Categories: Sage, Topic, Financial

Information: n/a

References: budgeting tips for seniors on fixed incomes available at

Keywords: Budgeting saving money income

*This information is listed as a Tip and is not explicitly medically licensed

Leave a Reply

Your email address will not be published. Required fields are marked *