Bad at budgeting? These tips might help

Bad at budgeting? These tips might help

Like all responsible adults, seniors should manage their finances with a budget. It is important for everyone to know just where they stand, how much they owe and what they can afford to spend. If anything, this is more important for seniors than it is for younger people. The National Council on Aging reports that many seniors are carrying large debts into retirement, making it difficult to keep pace with the cost of daily living. Budget making is especially important if you or a loved one are having difficulty, but it is a good idea for all seniors. Having a firm grip on your financial situation will make many other areas of life easier to deal with. It can also alert you to situations and habits that may lead to serious problems in the future if they are not corrected. Organizations like the National Council on Aging and the AARP offer help for seniors who are starting with budget planning. The AARP...
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