Financial Tips For Seniors To Thrive On A Budget In 2024
2024 has arrived. The new year has officially begun. On the financial front, tough times await seniors. Although seniors will receive better Social Security checks in 2024, that is not enough to cover all the costs. Thanks to inflation and high cost of living. So, what’s the way out? Smart budgeting and money management can help seniors to overcome this financial crisis. Why Should Seniors Follow A Budget In 2024? Although there will be a 3.2% hike in social security payments in 2024, seniors will still be in financial trouble. Here are some possible reasons: Higher cost of living: According t...