Showing posts with label budget for retirement. Show all posts
Showing posts with label budget for retirement. Show all posts

Monday, July 29, 2013

Retirement and Recycling: See Why These Two Go Hand in Hand with a Great Future

No one can escape retirement and the good part is that no one wants to. We have to take some time to enjoy peaceful days, to explore new things, to adapt and perhaps prepare a more calm, relaxed mentality and to apply a different angle on the way we see the world. Actually, the people who retire are the ones who are truly blessed: you get to spend more time with the people who matter, you get to watch over your grandchildren, you have tons of offers and resorts to select from and you finally have the time to do it all. 

Retirement should not be scary at all. Of course, it is a major change in our lives, but it also a change that is much needed. It is the time to either develop a small business that does not require too much energy or the time to write books, read stories, live through the eyes of the family’s youngsters. Some might think retirement is taking a step back, but I think retirement is a step forward. We, as human beings, have the capacity to embrace change and to adapt. Even more than that, we have the ability to recreate our surroundings so that we enjoy it and feel at ease in our environment. Creativity never leaves the human mind alone, as we strive to create a comfortable present and a better future. 

Recycling Bin
Recycling Bin (Photo credit: Canton Public Library (MI))
So what does this have to do with recycling? The answer is the future, of course. Sure, we “live the moment” and are anchored in our present like a key is in a locker. But what we all do, in a conscious or subconscious way, is to look and to walk towards the future. The key we talked about, well, it can open or close a locker. Humans can also open or close the future through their actions. Ignorance can easily lock away all the possibilities, while implication can unlock new opportunities and a new world. Recycling is that part that can unlock the future: not only for us, but for our family members, for our children and for our friends and neighbors. It is a way of giving back to the community or the group that has been supporting you for all those years. 

The website explains in several reports why recycling is needed and how recycling donations can be made in the USA. The first things we can recycle are of course electronics such as laptops, PCs, cellphones and Printers. These are the things we use the most and the one which deteriorate fast or downgrade. The Tech industry itself promotes the idea of getting rid of the old and embracing the new. And while we are tempted to get the latest notebooks and gadgets, what should we do with the old ones? 

Another answer: Recycle. Probably a reason to why many businesses were born: out of the need for a greener feature, a place where people can bring their old stuff and receive financial compensation and a place where people can actually buy cheaper recycled material. Here is an example: is one of those companies that recycles and buys material that can be recycled and reused. They operate in the PC&Electronics recycling industry, focusing on printers, ink cartridges and other components. People can both give up for recycling or buy recycled products and lower prices, with the same quality. 

All these actions lead to a better future: more workplaces, more businesses, a greener environment, a green retirement, a better tomorrow for our loved ones. So there you have it: a worldwide action towards greener living, greener products and a greener future for us all. 

Interesting Recycling Facts 

Did you know that if you recycle approx. 1,000,000 notebooks, you can save the energy equivalent to the average electricity usage by more than 3,500 homes every year? And that for every 1 million Smartphones and cell phones we recycle, 35,000 pounds of copper, 772 pounds of silver, 75 pounds of gold, and 33 pounds of palladium can be recovered?

Wednesday, May 1, 2013

Living on a Budget after Retirement

Frugal living is not easy even if you have a job. There are so many things to think of, to budget and to decide. Most of the time, a regular wage is not enough to cover the expenses you need to settle monthly. In fact, it has now become a big challenge to live decently. How much more if you are nearing your retirement age? 

For some people, retirement is never an issue especially if they have ample savings for their future. But for the majority whose salaries are good enough to let them survive each month, life after retirement is still hazy. Does this sounds familiar? Well then, here are a few tips to help you get through your retirement and live a frugal life.

Plan Ahead Where to Retire

Before your retirement period, it is essential to plan things ahead. Decide where you want to spend your retirement. Do you want to stay in your home? Or, are you planning to move in another place where costs of living are lower? The cost of living in each state and city varies. For example, if you are living in a big city like NYC, obviously, you need to spend more. 

If you want to live on a budget after retirement, find an area with cheap cost of living than your current place. Some cities have lower property taxes and housing rates. In addition, these areas might have lower personal and sales taxes. One good example of city with low-cost of living is Austin, Texas. In this city, the costs of housing, food and transportation remain cheap in comparison to other cities. 

Live in a Smaller Home

If you used to live in a 5-bedroom house, it’s about time to reconsider letting it go. At this age, chances are, your children are grown up and have their own family. Staying in a big house with only two of you living will really make you feel empty. And this is even worse, if you are alone. Additionally, huge home requires more maintenance, which means more budget and work needed. 

Downsize your retirement home. Look for a smaller house or an apartment that can accommodate you (and your partner if you have). Smaller living space consumes less energy. And, less energy used means low utility bills. Thus, this enables you to save money and minimize expenses. Above all, the best thing about small home is less maintenance. 

Invest Only on Essential Things

After retirement, you might be tempted to buy anything that catches your attention with your retirement fee. Resist temptation! This will likely drain your finances in no time. If you want to buy something, make sure it is of great use and you really need it. Don't buy a brand new couch just because it has a very nice shade. If you really need it, go for it. But if it’s not necessary, do not spend your money. 

When it comes to your health, you should never be stingy. Investing in medical devices, like medical guardian, is essential if there is a need for you to have it. Health must not be neglected at this stage. The most important thing to keep in mind is to be wise. 

So, these are just some tips on how to live on a budget after retirement. Remember, planning is a vital element to have a successful retirement.

This article is by Ashley O’connor.

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