expenses

5 Tips to Curb Holiday Travel Costs

Posted on 11/18/2013 by |The Ultimate Cheapskate | Comments

Money & SavingsHoliday travel these days is a Santa-sized hassle and it can be a real budget buster as well. To curb your travel expenses, consider these tips: Leave your wheels parked at home. Since most rental cars nowadays come with competitive rates and unlimited free miles, it may pay to rent a car — and prolong the life expectancy of your own wheels. You might also be able to save on gas costs by renting a more fuel efficient car than …

High Utility Expenditures a Concern for Older Consumers

Posted on 11/18/2013 by |AARP Blog Author | Comments

Money & Savings | Public Policy InstituteOverall utility expenditures declined from 2011 to 2012, but older consumers remain at risk. A recently released AARP Public Policy Institute analysis of 2012 Consumer Expenditure Survey data finds that utility expenditures as a percentage of average annual expenditures are highest for consumers age 50 or older. The report also notes that as household income decreases, utility expenditures become a greater percentage of average annual expenditures for all age groups. Utility spending by older consumers varies by not only age and …

Holiday Shopping: Will You Spend Less?

Posted on 11/12/2013 by |The Ultimate Cheapskate | Comments

Money & SavingsThis could very well be the year when the Grinch steals Christmas, at least in terms of the gift-giving intentions of some adults. According to a new poll from the personal finance website GoBankingRates.com, 40 percent of some 1,500 survey respondents say they won’t be buying any holiday gifts this year. Blame the economy and the shaky finances of many Americans. The holidays only add to their stress and here’s why: 63 percent of those polled admit they haven’t set …

Wave Goodbye to $3 Gasoline

Posted on 07/18/2013 by |Washington Watch | Comments

Bulletin Today | Money & SavingsFirst the bad news: Gasoline prices are at a summertime high. Now the really bad news: Sometime soon we might look back on these as the good old days. AAA’s Chris Plaushin, testifying on July 16 before the Senate Energy and Natural Resources Committee, said prices may never go below $3 a gallon again. The next day, prices inched up to an average of $3.66 a gallon for regular unleaded, according to Michael Green, who tracks prices for AAA. That’s …

More Ways to Save on Car & Gas Expenses

Posted on 07/20/2011 by |AARP Blog Author | Comments

Money & SavingsIt’s no secret that Americans love our cars. Between gas, maintenance, insurance and monthly payments, costs add up fast. See 9 ways to save on car expenses from AARP Bulletin’s 99 Great Ways to Save feature. Here are five bonus tips. New rules for oil changes. Technology and oil chemistry have made today’s vehicles more resilient. How often you need to change the oil depends on the make and model, along with your driving habits. Look at your owner’s manual instead …

The New Kind of Shacking Up

Posted on 06/6/2011 by |AARP Blog Author | Comments

Money & SavingsHaving a roommate to reduce expenses is no longer limited to 20-somethings after they’ve left the nest. The recession and high cost of housing is leading many more people, including those over age 50, to live with a non-spouse. The scenarios are numerous. Two single moms with teenage kids. Friends in a Boomer-esque version of the Golden Girls or Kate & Allie, as described in The New Housemates. Multiple generations of one family. Unmarried romantic couples. Or just renting out …