It goes without saying that it gets more difficult to earn and save money as we age. It’s not just that our bodies are slowing down; it’s also getting harder for us to keep up with how the world is changing. 

Nevertheless, there are still a lot of opportunities for senior citizens to save money or earn money. Here are some things to remember: 

1) Ensure that you have a retirement strategy. Start one right away if you don’t already have one! Simple savings accounts are a good place to start, and you can progress from there as needed.

2) Maintain financial control by using a budgeting app. You can keep track of all your expenditures in one spot and determine where you may reduce unneeded spending or purchases. 

3) Register for medical alert alerts from businesses so that, in the event that something were to happen to you (or someone else), aid would arrive right away.

4) If it makes sense for your situation, think about downsizing your home. This could entail moving into a smaller home or apartment, renting out space in your current residence, or even relocating into an assisted living facility (if you can afford it). 

The benefits of downsizing are numerous. You’ll spend less on utility costs and maintenance, giving you more time to enjoy the things that are important to you. A smaller room might also make it easier for you to focus on your priorities and let go of belongings that don’t enhance your quality of life.