Australian Seniors Insurance Agency Offers Tips for Budgeting In Retirement

December 07, 2012 (PRLEAP.COM) Lifestyle News
At any point of life sticking to a budget can help avoid the pain of going into debt. And when you retire, the change in your financial circumstances can mean that budgeting is more important than ever.

Living on a budget doesn't mean missing out on the things in life that you love. Being aware of your spending habits means you can find ways to spend less without having an impact on your lifestyle.

Smart ways to save
One way to do this is to keep track of how much you spend on clothes, groceries and household items in a month. Commit to reducing that amount the following month, and you might be surprised at how easy it is. You'll also benefit from a real sense of achievement.

Another habit you can get into is online shopping. And if you're willing to buy things second-hand rather than new, online shopping can help you find them for a fraction of the price.

Even in the supermarket, savvy shopping can help trim your weekly grocery bill. Keep an eye on the cost of items you only buy occasionally, so you'll know when they're being sold at a bargain price. Also, try buying foods that you can use for several meals or to get leftovers from. And remember, try to avoid shopping when you're hungry so you can avoid buying impulse items.

Planning ahead
One of the benefits that comes with age is understanding the importance of careful planning. This includes planning for the future and putting your affairs in order. That's why you may also consider taking out a funeral insurance policy.

Funeral insurance is a way of protecting your loved ones from expensive funeral costs if you were to pass away. Australian Seniors Insurance Agency offer plans that are tailored especially for seniors, regardless of your health or medical history.

With Australian Seniors Insurance Agency you can even choose a benefit of between $3,000 and $15,000*, with a triple benefit payout up to $45,000 in the event of accidental death from day 1, depending on your needs and budget.

Find out more
To find out more about the benefits of funeral insurance, request an information pack or get a fast funeral insurance quote online.

  • Cover available for accidental death only in the first 12 months.

  • Advice on this website is general only and does not consider your individual objectives or financial situation. Please review the relevant PDS and the FSG available at to ensure these products are right for you. Terms and conditions apply. Australian Seniors™ Funeral Plan is issued by Hannover Life Re of Australasia Ltd ABN 37 062 395 484 and promoted by Australian Seniors Insurance Agency™ Pty Ltd (ABN 48 097 746 391).