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How to Keep Holiday Spending in Check During Retirement | Retirement

Retirees living on Social Security and other fixed income streams may need to adjust their holiday spending strategy this year amid the high cost of food, retail goods and other items. But with a careful eye and a commitment to budgeting, it’s still possible to have a great holiday while keeping your spending in check.

To manage costs during the season of gifts and gatherings, consider the following:

  • Recognize the challenges of holiday spending.
  • Develop a realistic holiday budget.
  • Follow handy money-saving tips for retirees.
  • Implement a solid savings plan.
  • Keep track of your spending.
  • Manage credit wisely.
  • Balance fun and finances in retirement.

Sarah Goldberg
Sarah Goldberg

Sarah is a seasoned financial market expert with a decade of experience. She's known for her analytical skills, attention to detail, and ability to communicate complex financial concepts. She holds a Bachelor's degree in Finance, is a licensed financial advisor, and enjoys reading and traveling in her free time.

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