Introduction.
Have you ever thought that if you started to save just $5 a day today, how much money you could have saved by the time you retire? That is when I assume that you have not retired yet. Let us have a simple math: if you are for example 30 years old, you save $5 a day, you would have saved $ 63,700 by the time you are age 65. If you are age 40, you could have saved $ 45,500.
That is if you are 30 years old,
$5 multiply by 7days/week multiply by 52 weeks/year
5*7*52= $ 1820.
Then; $1820 multiply by 35(years remaining before you retire)
$1820*35 = $63,700.
Likewise, if you are 40 years old,
It could be $1820 multiply by 25 (years remaining before you retire)
$1820*25 = $ 45,500.
But still even those who are retired, they do get a social security check, pension check if they held pensionable jobs, or some can get a check from their 401k savings accounts if the elected that option while they were actively working. The retirees too can save money the same way as those people actively working. Saving is not that big problem if an individual can take care of the elephant in the house which is expenditure. That is why I introduce to you shopping using coupons, looking for discounts, buying items that are on sale/Clearance, etc.
Coupons:
The first strategy of saving money but still getting the service or product that you want is shopping using coupons. There are thousands of stores willing to sell their products at a much lower price to stay ahead of the competition. You can get thousands of coupon codes at https://yourcoupondiscounts.com. You can even buy more for less money spent.
Discounts:
The discussed coupons above can be regarded as discounts too. Like coupons, discounts too have start date and end date. But the discounts can also be traced to the stores that are continuously selling at a lower price if for example you are a member for that store. A lot of retail grocery stores, gas stations, and others are issuing membership cards these days to lock in as many customers as they can, but you know what? There is nothing to lose by being a member except to save a lot of money because being a member you will always buy at a discounted price.
On Sale/Clearance items:
Have you ever walked into a store and you find a section selling only items whose prices have been marked down? Stores usually put some of their products on sale/clearance because they are slow moving or simply because their season is over, and the demand has gone down. For example, during Halloween season, the demand for certain items is high especially those like costumes that would be used on the Halloween day and done. They are always marked down to sell quicker and create space for other items. You can buy and keep for the next Halloween season at a ridiculously cheap price.