2 minute read
Live More, Spend Less
From fruit and vegetables to fuel and energy bills, and everything in between, the cost of living has increased. Here is a list of smart tips to help you manage your money and stretch your dollar further.
Sign up for a Seniors Card
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A Seniors Card, an initiative supported by the Government of South Australia, is an easy way to access discounts. Deals and discounts are available for public transport, home and car insurance, cinema tickets, holiday accommodation and much more. To be eligible cardholders are required to be 60 years or older, a permanent South Australian resident, and working less than 20 hours per week in paid employment.
To learn more visit seniorscard.sa.gov.au
Option to earn more
In September 2022, it was announced that Age and Veterans Pensioners can earn an additional $4,000 in the 22/23 fi nancial year without losing any of their pension. This increase allows a wage of $11,800 before the pension is reduced.
The Federal Government introduced the measure to enable older Australians to work more and help ease the workforce shortages many industries across the country face.
Draw up a budget
It may seem basic, but a budget helps create fi nancial stability for both the day-to-day and long term. Creating a budget helps you defi ne your short and long-term goals, decreases your chances of spending money you don’t have, and sheds light on good and bad spending habits.
Smart supermarket hacks
Get better value by comparing unit prices on items at the supermarket. Unit prices break down the cost of a product into standard units of measurement such as per 100 grams for rice or per sheet for paper towel.
By looking beyond the headline price of an item, unit prices let you compare di erent brands or package sizes to make sure you’re buying the most economic option.
More retailers are now selling products that can be refi lled, such as hand or body wash, which means you can save money and reduce the amount of environmental waste. Research has found that these products can deliver an average saving of 32% compared with buying another pre-fi lled dispenser.
Downsize your home
Downsizing to a smaller home, such as a retirement living unit, can mean less upkeep and maintenance costs and lower energy bills. It is an exercise in saving both money and time.
If you are thinking about downsizing to a more manageable lifestyle an ACH Group retirement living unit could be your next smart move.
Are you 55+ and thinking of downsizing?
An ACH Group home is the smart move for retirement living. Spanning across Adelaide and the Fleurieu Peninsula, choose from a range of a ordable homes. A more manageable and worry-free lifestyle awaits, here's just a selection...
Elkanah Retirement Village MORPHETT VALE
Country style setting in the south Village setting • Two or three bedroom designs available • Community centre on-site
Priced from $225,000
St Georges Court & Sir Keith Wilson MAGILL
A ordable eastern suburbs living Village setting • One or two bedroom designs available • Community centre on-site
Priced from $90,000
To see our range of available units, visit achgroup.org.au
