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Your Guide to Frugal Retirement

Living Cheap... or here is an alternative you may not like

Living Cheap and Loving it, Was the title of an article in the April 2009 issue of the AARP Bulletin.

It contained something that shocked us..

Here is the direct quote:

"An AARP Bulletinsurvey found that 32 % of people over 50 are living with their parents, their adult children or both. Another 15% say it's "likely" that they'll begin living with parents or children in the next year."

We don't know where you stand on this issue but I bring it to your attention because it scares us to death. 

We love our parents, brothers and their kids, but moving in with them is not an option that we would ever consider.

If you feel the same way I trust you will look with more urgency at the various frugal lifestyles that we have experienced.

Living in an RV

Living aboard a sailboat

Park Model Living

Living overseas

Tips for frugal living we picked up from the article...after we stopped shaking.

Use public facilities whenever possible

Folks I don't mean to belabor the obvious, but why make Barnes and Noble and Harkins theaters any richer than they are now.

We spent a lot of time at the St Croix library when we lived in the Virgin Islands...it can also be a time of social interaction with locals and visitors alike.

Stop and think, before I spend money on anything is there a way I can get the same thing for free?

The people in this article ask that all the time.

Share a home

We have not tired this personally, but you may want to consider this option to moving in with family.

On example that was given, a couple along with 3 others bought a 8 bedroom house in Seattle. You have economies in food and shared cooking responsibilities; cheaper rent; utilities; transportation (if you car pool), etc.

This may not be your cup of tea, but you may feel better about this option, than moving in with family.

Remember, your friends are a choice that you do not have with family.

Other creative ideas for living cheap

A few other ways to save money that were mentioned : no TV, dishwasher, microwave, or clothes dryer.

"If we want to do something we figure a way to do it for free." Examples are selling tickets or sweep the floor at the local playhouse in return for tickets.

Folks when compared to moving in with the parents or kids, there are no off limits areas in living cheap.

Return from living cheap to frugal retirement living 



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