@@joycewright5386 totally agree Joyce! It is such a blessing to have good health! Having no debt is definitely something that one needs to work at. I would also add to that to try and save your money as much as possible that’s my downfall. It’s hard for me. It’s a habit I need develop.
Question from a Dutch: do you in the USA get childmoney from the government? I am a single father and I get €267 per month for my son. He lives with me permanently and for 10 years already. This is a Belgium amount because I live in Belgium but I am Dutch. In the Netherlands it is €402,41 per quarter. So that is €134 per month. How about the USA?
Thank you for being so honest. I'm 63 and living on social security. Thankfully my house and car are paid off. You are so right about housing. I worked for the housing authority in our town. It is easier to get housing in a smaller town. We have several options here. I also get snap and a little bit of energy assistance. I just found out that there is assistance for internet service and cell phone. I have Consumer Cellular and it is only $ 30.00. Thanks for sharing.
I agree with the name velvet prison concerning government assistance. Income has to increase quite a bit for someone to get ahead. I'm worried about Project 2025 which would cause us to lose our Democracy. I'm 61 and live alone . My current employer only gives me 12 hours per week and I don't have any other income . I have definitely noticed how I'm considered in the workplace due to my age . ❤
At 70, no one will hire me with my 30 years of experience in a good field. I protect my emergency fund with my life. My separate end of life account too, my daughter is on the account too so there are no issues for my kids. Something we all need to think about. Even with simple cremation it’s more than you think! ❤
Yes, but what do you do when they raise your property taxes (they double ours in a few years!), or when you need to change your roof or other costly repairs?
@@NelsonFerguson-v7f I don't think they were. They were asking what people do who purchase homes and then run into raising costs for upkeep and insurance. It sounds like a valid concern and question to me.
@@yestohappiness2721 Many states have a property tax freeze back to the amount you were paying at age 65. They don't advertise this of course, you have to call around and ask, fill out the paperwork. So my property taxes remain the same as they were 6 years ago. Some states even offer a property tax REFUND in whole or in part to seniors and those on disability. Again, you have to call around and apply.
I live on about $1600 a month. I paid off my mortgage on my small house 4 years after I retired. I pay $180/ month for my Medicare supplement $ $38 dental insurance. My homeowners insurance is $160/ month. I drive a 2009 Toyota, do my own lawn care. I try to save some every month for emergencies, real estate taxes, auto insurance, doctor bills until my Medicare deductible is met. I’m pretty frugal and owe a little on credit card debt. I’m not rich but I feel I live a comfortable life. I’m grateful.
I lived on that for two years when I worked at a family owned battery company in the SF Bay Area in California. After I paid my rent, I had $400 left. I stayed slim, that’s for sure! 😂
I spend on my teenage boy. It's awful because he complains about the low income living I provide. He's going to be 18 old in 2026. 😅 patience is a virtue.🤞🫶🙏
I totally appreciated this video. People just don't get it. Im retired and live in less than 12k a year living on social security . I own my home and have no debt. Very similar situation. I feel very blessed. Being poor isn't a crime. And being rich isn't a fact for the future's happiness. Im very grateful for my life. Little but steady and strong.
I'm living on Social Security only $1,272 a month out of that money I am able to put $450 into savings what helps me as I have a paid for mortgage I drive a 2020 vehicle and no debt. I do have a small 401k and Roth IRA but I don't use any of that right now no work pension worked retail. I pay all my bills monthly including house and car insurance $87.00 of that savings is towards real estate taxes that I pay once a year. I shop thrift stores and garage sales for clothing and as much household items as I can I've been buying markdown meat and as much mark down and clearance food and non-food items as I can find. I do dine out two to three times a week senior meals or using restaurant coupons. I've been doing this for many years even when I was working I don't feel deprived I feel blessed
I make a similar amount and wanted to share just found a food pantry two months ago. I've never done food stamps or a Food Pantry it was difficult to apply emotionally but they were so very kind it made all the difference in my outlook. As I too own my own Home and saving for Insurance and Taxes are my largest expenses plus maintenance. Just wanted to share I believe your income would allow that type of help to fill in. Good luck.
I live on $1400.00 a month . i am blessed i live in senior housing. My rent is low . everything included except electricity and i get a 800.00 a year from a grant program and our use of electric is about $ 3.00 a day. Then i have phone car ins. and cable so i am very blessed😇❤😊
Allison, I'll be 65 in July. I have no family. Colorado is an expensive-ass state. My rent is $1200 a month. I just started getting SS retirement ($1200) month plus a part-time job. Please tell me more about subsidized housing. I used to live in Oklahoma where rent is nearly dirt cheap. What are your thoughts?
Thank you. We’re in a similar situation financially and in education except that my income is lower. I just am having trouble finding residence locations to visit since it’s not going to be an option where I am. I know there can be drastically different standards and here all seem to be are the worst or section 8 lists are closed indefinitely that’s to leadership. I am 76 and have reduced my possessions quite a bit after witnessing my neighbors’ being discarded. I will write some more to share about careers and how people can’t understand how I could be low income after such an education and would love to share more but not publicly.
I think a lot of people don’t know that there are programs where a very nice apartment building HAS to have so many low income people who live there with subsidies. There are expensive apartments and lower rent ones. My sister is on SS and Medicare much like you are…almost her same scenario. She lives in a very nice apartment building and a beautiful one bedroom apartment that has beautiful tall windows and brick walls…just gorgeous. I think she may pay 450.00 monthly. The complex has to have a percentage of low income and it has something to do with Government, don’t ask me why. I could find out if it would help anyone.
Moving to an affordable place is key. If one does not have kids who can or are willing to help out, moving is the way to go. I grew up on the West Coast but could never afford to live there now. However, I live in a really gorgeous part of Appalachia, where I was able to pay cash for a little house after selling the converted van I was living in. If I had a rent payment, I would not make it. I grow and can a lot of my own food -- more every year. I'm right at the cusp of where EBT does not help me: $23 a month. I heat with wood in winter as the electric bills keep going up up up. Medicare pays for my healthcare. Like you, I am grateful for what little assistance I get.
In the 80's a woman named Amy Dacyczyn had a newsletter and eventually books called The Tightwad Gazette . It is still available. Although some information is outdated, this book is the best guide for living well, and happily on a small income. Inspirational to say the least. Worth checking out ❤
I live on $1500/month. I work 2 jobs spread throughout 6 days. I am able to walk to work/home and/or take the bus, which is free in my State but cons of the bus are sometimes it is late picking you up and sometimes the bus can get cancelled and wont run til the next departure, but I do save a lot of $$ that way...my rent is only $800 as I have a roommate. I eat leftovers, I eat cheap meals like Cheesy Toast, hotdogs, mac and cheese, sometimes get frozen fish fillets, rice, scalloped/instant mashed potato boxed version, saimin ( ramen in the mainland), canned beans, pasta, pasta/seafood, canned meats like canned chicken, tuna and Spam..I also make sandwiches to eat at work...
I have worked since I was 21 and finally because of health issues stopped working at age 69. I am now 76. I live on $ 1367.00 a month. I own my own home and I have a 16 year old car. I don't need much. I use a food pantry since I get $23.00 a month for food stamps. My biggest pull on my social security is my property taxes, house and car insurance. Its a lot. I just found your video so I am happy to see you plus others who live frugally too.
Can I offer a suggestion? I didn't know about this until my sister told me. I don't know where you live, but in my state, there is a "homesteaders tax exemption" for homeowners over 65. You aren't taxed on the full FMV of your house, so it lowers your tax bill on your home. In my state, it isn't automatic, you have to apply for it. My husband went to our local PVA after he turned 65. He had to show ID, filled out a form, and it lowered our tax bill by about $400 for the first year. We don't have to re-apply every year. I know $400 isn't a life-changing amount of money, but I'd rather it stay in my pocket!
@@maryfields1382 Hi Mary, I live in Texas and I do have the homestead exemption. My school taxes are capped but my county tax goes up every year. I have to prove to the appraisal center each year that my home is not worth the high appraised value. $400.00 would be a huge saving. Thank you for your good information! 😊
Boy, you just described my situation. My rent is a lot higher than yours...I am on waiting lists for the past year. Seems to me that the goal is to keep us poor. Worked for 50 yrs...my body finally gave out. Like you, I am content and over the top grateful. We are tough cookies!😊
By retirement, one would *hope* that you'd own a house with a paid off mortgage, and all that is left is maintinence, taxes, and utilites. I live on 900$ a month, but I also live like I did in the 70's, I don't own an Iphone, a dishwasher, a microwave, or a flat screen TV. I get my tv through an antenna on the roof. And I drive a vehicle that is in good condition, but is 25 years old (I can't deal with cars whose dash looks like the starship enterprise)
Thank you. Your videos are soooo helpful ... As I'm facing the issue of low-income living, I've had trouble just trying to find ANYONE who will talk about these things with me ... Even the people at Social Services are uncommunicative and dehumanizing! ... ... So thank you very much, and Best Wishes to you!!! ❤
I am also looking for answers and haven't found where to go or who to speak to. Do I qualify? Which programs, etc. Where and who do you go to? The internet has been a brick wall for me so far. I want to speak to a human. Any suggestions?
10/22/24.... I am in SAME situation. I live in Central FL+ just had Hurricane 🌀 Milton...NO real damage to my mfg home that I was making needed repairs on so I could sell/move back to home GA after 12 yrs b/c very little family members/ cousins left now. I don't do Internet + MUST declutter seriously + hope to sell/move by New Year. HOW IS BEST WAY TO FIND SAFE BUT REASONABLE RENT PLACE FOR SENIORS? CLOSE TO GROCERY + CHURCH + LIBRARY 📚??? SENIOR SERVICES? SOCIAL SECURITY? ANY OTHER IDEAS THAT NON-COMPUTER SENIOR CAN MANAGE... PLUS SAFETY IS HUGE ISSUE... APPRECIATE ANY HELP/IDEAS. I'M THINKING 🤔 FIND NICE APT + GET 2 BEDROOM + THEN FIND RELIABLE ROOMMATE WHO CAN BE "CHECKED OUT"....LIKE NO CRIMINAL RECORD OR ADDICTION. PLEASE HELP ME ... 💡
Yes, I get it. I am 64, retired at 62, work 20 hrs a week to supplement my social security. I started working in 1975, $2.65/hr. at Dairy Queen (That was the minimum wage at that time, my boss got away with paying us $1.65/hr. How did that happen? There were not tips then. I referenced the $2.65 to impress the minimum wage at that time). Went to trade school, salvaged a trade, worked 40 hrs/week for most of life. Let's face it, women never made the wages a man did. So to base my almost 50 years of working at lower wages than a man, my social security is very low. I demand reparations! :) Thank you for your video, Elder Gal. I am now a subscriber. You Rock!
I began working at the library in the summer of 1974 during my Junior/senior year of high school. I was paid $1.90(minimum wage) $2.10 minimum wage took place in January 1975
@@moonfly70346 OMG, you are correct. You just burst my bubble. I thought I was making more. LOL. I was working in Minnesota at that time. I just recall $1.62 an hour. Maybe state wages varied. dunno.
I hope the circumstances of everyone who is going through tough times improve. Only people who have been in their shoes will be able to understand their situation.
Those of us that do not own a home are very hard pressed to live on a small income. If you own a home, it is possible but when paying most of your income for rent, it is virtually impossible.
8/31/24....I am single lady + own my own mfg home on my own lot in a 55+ community in Central FL. But prop taxes are rising.... And HO3 home insurance is expensive...And NOW I have serious repairs + maintenance I MUST do now. And my 16 yr old 🚗 was needing some serious repairs.....+ Car ins in FL is expensive....So I sold my old car + found/bought a "new to me" 🚗 that should be my final car purchase...BUT car ins is more b/c FL has high INS rates. And I have dental problems that my Medicare doesn't cover....so I have a Care Credit 💳 PMT of $200./mon. SO I am making home repairs + plan to SELL my home + move back to my home state to be near my few family members + friends.... And I was dropped from SNAP/EBT of $23./mon. And once I move back to GA...N of Atlanta....I will look for a low income apt + then get a larger 2 bedroom apt + search for a nice church lady to split apt rent + utilities as my roommate. Otherwise I'm going to have a serious problem trying to pay LOW INCOME rent as this lady suggests.
@@Nancy-px7hn owning can be expensive too. I just paid $12K to have the sewer pipes under the house replaced. House was built in 1954 and have the old galvanized ones. They told me down the road I will need to replace the water pipes as well !
The ridiculously low income to qualify because the housing, car, groceries, pet vet, and my medical costs are not taken into account. That makes it look like you don't NEED help when, in reality, you DO NEED HELP!!
My friends mom lives in a government senior citizen apts like the this wonderful lady is talking about. Take advantage of this, even if you have to move to another town. Good luck! 🙏
I know someone who probably lives on less than you. She lives for free in the basement of a friend's home. I grew up in foster care and went into the military from high school, which was hard, but I was grateful for the opportunity for a good start and for the education and benefits I received. Maybe because I knew early on in my life what it was like to be homeless and not depend on someone to care for me, I worked and saved and made better decisions so that I would not end up in a similar situation. But I am always amazed at how this happens to educated people.
@@user-tk3nm2ul1e Being highly educated however also having been the mom of 1 disabled child and 2 others, hospitals, docs and an ex took all my $ also being a DVS has left me unable to work. Required several spinal surgery from domestic abuse.
Most educated middle-class people who are single, or are single parents, are only one serious accident or illness away from being homeless in this country. Sure, there are freeloaders in any system, but most of those getting benefits are genuine hard-working people who suddenly could no longer work or who had a child or family member suffer an accident or serious illness and needing care and couldn't work. Without an income, a person can find themselves on the street and it doesn't take long for extensive medical expenses to use up any money you've been saving.
Working and saving are great to do but don't always stop some of the expensive things that happen. Like becoming too ill too work with a genetic/chronic disease not yet approved for benefit eligibility. Like having a tragedy in the family. Like an unexpected death by murder. Like abandonment by a formerly responsible party. And you may think you are too prepared or too wise for that to happen to you. You'd be wrong. It can happen to anyone.
Being in the military was a lifesaver for me. Luckily I resided in a state that would pay my tuition at a city, community or state college for Military Veterans. So I went to a City School and became a Registered Nurse. That gave me a decent career so, although I wasn’t rich, I made enough to take care of my family and I was always able to get a job.
The best thing about this video is the candidacy and the fact that there is always a way to live even on a limited income. I mean let’s practice right? Because we are all, in this economy and those of us who don’t own an electric vehicle company, living on a fixed income. Thanks for this psa
@@donnamcclenton7340 If I had a working computer, I'd simply apply for what is being offered through Medicare. Sadly I don't have a computer anymore. This phone is useless for applying for anything.
I was so fortunate when I retired. I owned a home that was paid for and I was able to pay cash for a new car a couple years ago. I am currently living comfortably on $1,198 a month in Social Security and another $775 a month in interest income.
I’m currently married but think about life alone. I worry about expenses and having to be solely responsible for myself. We’re both getting up in age and statically women live longer. The both of us aren’t big spenders or care to have much material wealth now. I think I’ll be okay financially on my own. We both have saved and told ourselves NO many times. NO to expensive restaurants. NO to expensive clothes. NO to expensive vacations. Our car is currently eight years old, but we won’t be trading in any time soon. We’re living in a world with uncertainties with the economy. I plan to live one day at a time. Janie
I'm 67. Woking fulltime in my field-counseling. I was a SAHM and volunteer for about 10 years. Taking Social Security. Mine doesn't amount to much due to part time and out of the work force or making less than what you get credit for. I have debt and a good bit of equity in my home. The job I do is challenging and sometimes draining. I just am committed to working until i just can't manage it anymore. Thx for your sharing.
I have basically nothing. I lived on what my father left me, after I devoted my life to working for and caring for my parents and other relatives. I only have half my quarters, so I don't qualify for Medicare or Social Security. My only income at this point is whatever art work I can sell as I continue to pursue my decades long dream of being a full time artist, plus any other items I can sell. My life is a precarious journey through the maze of learning while.staying one step ahead of oblivion.
Thanks for sharing girlfriday! Glad you have at least have art that you enjoy and provides some income for you. I understand what you mean about precarious! Take care!
I hope you've looked into what social services can offer you, medicaid, food share, heating assistance...sounds like you would qualify for lots of help.
@@ecm958 Thank you for your concern. I do get heating assistance in winter, and sometimes a dollop during the summer if they have extra funds. I also get SNAP, without which I'd be confined to unhealthy food pantry foods. I can get extra heating assistance sometimes from Northwest Community Action Partnership, if I've received a disconnection notice. Another life saver has been Homestead Exemption, for property tax relief. This after nearly losing my home to a tax sale several years ago. I applied for Medicaid once, but I didn't qualify because I had a little too much money at the time. Here at any rate, you can't have more than $4,000 to qualify for Medicaid, even if it's all you have to your name.
I feel like I'm listening to myself talking. I'm in your exact situation except that I still have a $500 a month mortgage payment. I'd love to try to earn extra, to do marketing on my books and make more sales. But like you, if I earn more than just a little, I'll lose more than I'll gain. I'd need to make a lot to offset it. It's depressing. And I'd be depressed, but I refuse to fall into that. Instead, I thank God for what I do have and I have hope. (subsidized housing is out for now because I have a fur family (all seniors) that I love and am committed to caring for). I'm happy you're making this trap known. Love your videos.
Yes to your fur family!! I have senior rescues too. Have a mortgage too, $550, for another 10 years. No one would ever rent to me with my beloved fur babies!!
@@eldergal I am glad someone is shedding light on this "trap". I worked all my life. My SS is only $1250/month. I have to use the programs I can find and qualify for. I am now writing books, and editing books for others. But I too have to limit what I earn or I will lose benefits, especially medicaid. Your figure is about right, if I earn about $500 or $600, I lose that much in benefits. PLUS since it's my own business, I then have to pay higher self employment tax. One year my total taxable income was $7000 (before expenses), and I had to pay $1200 in self employment tax plus I lost my higher level of medicaid. Senior or not, our system is structured to actually discourage people from earning more and getting out of the trap! Probably structured by the same persons who decided those on Medicare didn't need coverage for glasses, hearing aids, and dental care. I too have 3 furry family members, all also seniors now and taking meds too and I will not abandon them. All rescues, from back when I was working. But one accident changed everything. Luckily I had bought this little house before the accident. I live in a small midwestern town, and these are often more safe too. But there is nothing to do! Also, in this town and others I know of, there is often a lot of crime in low-income or subsidized housing, so be careful with that. Elder Gal, how did you find the lists of subsidized housing in the different towns?
Thanks elder gal for sharing and educating about living on low social security. You are a treasure for many people. Best with your achievements on TH-cam.
It's great to hear a real person talking about REAL finances as a senior. Not everyone can retire well, NOT because of their own fault, but due to poor health issues as what has happened in our lives. Your health is your GREATEST wealth. Unfortunately, poor health has been our largest hurdle in life & keeping us from being able to retire as well as we had hoped for & planned for. Life happens & is precious. Enjoy each day & TOMORROW is your GREATEST blessing.
I live on very little also SSDI I don't get any assistance because I don't qualify for it I also make TH-cam videos it's my hobby can I don't plan on monetizing. It's extremely difficult I have had multiple sclerosis for more than a quarter century. I had lymphoma cancer 6 years ago I had a stem cell transplant about 5 years ago and I broke my leg almost 2 years ago and have been basically bed-bound. My faith keeps me going I believe in God and that helps me. I have recently started to pay for home health care one time a week just to shower. Very expensive if you have very little. Thank God I have a little bit of family help right now but I don't know how long that's going to last. Things are tough but you have to be tougher you have to pray to God to give you wisdom to make it through each day. Nice to see someone in a similar situation that's a fellow TH-camr. God bless .
I love your video. I completely understand what your saying. Im just turning 70 and live in Canada. I retired at 67. Because of the location of my apartment i was able to sell my car, which drastically reduces expenses. Also, I 6:13 ve lived in same apartment for 18 years and with rent control it is very low rent.Feeling grateful!
Those financial "gurus" don't know everything. I had less than 200K in my retirement fund when I retired. That was 7 years ago. I live on about $38K/year. I'm not homeless. My home is paid for. My car is paid for. I have no CC debt. It can be done, but it took decades of hard work, vigilant planning and living a semi-frugal lifestyle. Not everyone has the ability to take "the long view".
I live on $1200 a month and own an old house so there is constant upkeep. I have had big tree limbs fall on the garage and the house. The house is an old single wide mobile with an addition. It has problems and no money to fix it. I worked until I was 70, part time because I have physical problems. I am now 74 and I am retired and I have no money to go anywhere even if I was physically able to.
@@debbieframpton3857 No. At least I have some land and can grow a garden and keep my independence. I have a son who is very patient and helpful. I am in better shape than a lot of people. If you can, hold on to your house and your independence as long as you can!
No there's no way he would be better off doing that if he owns his house. Besides most people would not want to go from living to a house to an apartment.@@debbieframpton3857
Oh..it's "the system". Gotta blame something other than peoples horrible spending habits. How about take away SS then who will you blame? I have a net worth of 2.2 million. Saved. Didn't buy stupid crap. No debt. Worked. The USA gives more oppoiunites than anywhere on earth. but people are idiots with their money. Whatever..sure..blame "the system" if it make you feel better.
@@carols8090the choices that you have in these situations are not at all helpful. They do not let you get ahead in any way. Not only that, but some people have very bad disabilities which seriously limits any choices that they have. You obviously know nothing about this type of situation or what other people are going through. Didn't you hear at all what she said would happen if she tried to make more money???
We're going to have to figure this out, because we want to retire in Italy and we meet the passive income requirements, but we don't have a whole lot after that. Thank goodness the cost of living over there, is about half of what it is here. Thank you for the tips. We will definitely take this to heart.
Mindful frugality has always been a way of life for me. However, if I had not been a prepper, I wonder how I would manage at this point in life. Smaller local Thrift Stores, have been a godsend, no the bigger 'chain' type, where prices are often almost as much as things cost new. Thank goodness, I prepped not just food, but items necessary for everyday living too. Prepping mitigates inflation and shortages, better than any other way I know!
it was a real shock when I retired......I went from what I made in one week to that amount for a month.....I was smart in getting most of my debt under control before I did retire. I also went and found programs that can and do help me take care of my household income. Thank you for sharing your experience with us.
I was 54 when I was put on disability. Because I had raised kids and had issues long before I got SSDI my check was very little, just under $600 after SSI was added in. Lost the house, lost the car n lost my husband all because I could no longer work. I wasn't sure if I would survive back in 2010 but here I am 14 years later. I am now living on a little over $1,200 per month. The hardest thing is trying to keep a good working vehicle under me because walking to the store is not an option. Plus I still haven't found a permanent place to live. I'll probably have to get a vehicle I'll live in. I've tried 3 different 65+ housings but wasn't happy in any of them. The last one the floor was so cold I was worried about losing my diabetic feet. I so want to be a snow bird, in the south for the winter and then the north for the summer but I need the right vehicle
I just found your channel, I also get Section 8 housing, Medicare, Medicaid, also I get 185 from my Healthcare Insurance a month for food or dry goods. I am only 61, but have been disabled since 2014. I received my housing in 2021, from 2014 to 2021, I lived with family off and on and in my vehicle, I waited 7 years to get my section 8 housing. I have a beautiful appt with a garage, it was hard but worth the wait, I pay less than 300 a month for rent😊
Thank goodness for low income senior subsidized housing that only charged my mom for rent 1/3 of her gross income after deducting medical expenses. It was a life saver.
In Northern Europe your rent would zero for subsidised housing. You'd pay a small amount for local taxes. You'd have to pay electricity. Depending on the country you'd get free travel on buses and maybe trains. So maybe slightly better than the USA.
Five of us live on that in my house, and we still have a $650 mortgage. No government assistance of any sort. We live well. It helps that i am naturally frugal and I can find inexpensive or free things to do everywhere we go. If we got all of the assistance you do (HUD housing, medicaid, food stamps, Meals on Wheels, etc), we would live like kings.
Yeah, ok?! Five people living on a one persons income?! That is really really hard to believe. So is that two adults and three children or four children and one adult?! Something is not adding up!!
I live on $963 month SS n SSI i live frugally w 2 cats. Owe credit union $4333 n mortgage $12400 but ill b ok. Own a 40 x 14 trailer paid n 2 lots totaling 1/4 acre. It could be a lot better n could be a lot worse.
Hello, I found it so refreshing to listen to you discussing this problem of low finances and housing for seniors. I am now 78 and I have fortunately been in my low income apt. for 17 years. Over the years I have had small increases and now I pay $512 per month and this includes hydro and electric. Honestly, since I moved in here the housing and apartment prices have gone up so much. Really, even a shared room in a bsmt suite is over $1,000 per month and a one bedroom apt is about $2,000. My total income with my cpp is less than $2,000. so I am very grateful to be here. I wish that this economy was based on the need of each person not so much corporate profits. Oh well, I will keep hoping for a good solution for other seniors. Thank you so much! Sending you All the best! Laara in Canada
Thanks for sharing this Laara! Glad it is affordable for you with your low income apartment. I too wish the economy was based on helping people, rather than greed. Take care!
I'm debt free but the property taxes, house insurance, health insurance, medicine, and car insurance take almost all of my retirement check. It's ridiculous!
I love your channel. It is unfortunate that as we speak, there are thousands of elderly people who have been priced out of existence and are either living in their cars or in tents. That is NOT the America I knew 60 years ago
Same in South Australia & affects all ages. Tents ⛺️ everywhere. It's devastating that govt doesn't help them, even if it was living in shipping containers.
I found your video very interesting because it mirrored my situation. I must have missed the part about food costs. Food banks have been a lifesaver for me. The little EBT i get ($23. a month) is to buy meats, and i only buy BOGO (buy one get one). It works because I'm on a very strict budget for myself. Thank you for sharing!
Bogo’s are the way to go. Or buy meat that is only on sale . Today I got a $5 bag of Hershey Kisses for .75 cents. I might go back tomorrow and see if I can get more to freeze. Chocolate has gotten expensive.
I am low income also, but have not been able to get subsidized rent yet. Still working on that, hopefully within another year. Thanks for talking about this!
It's nice to know I'm not alone. I get a loud 1068 fir disability and the tookaway my foodstamps. Luckily I have good friend I pay rent to that knows my situation and is not charging me alot. Hopefully by this time next year I will have an apartment. Prayers to all
One reason I am considering Spain is that the properties are cheap and also I think I will be able to save about £100 a week out of my pension, which will be similar to yours, around £1,000 per month. I know prices have gone up recently, but food and utility bills are a lot cheaper than in the UK, and in the UK I would struggle to have a nice quality of life as well as being able to afford to live by the sea. I hope that your vlog is helping you, I am also considering starting one when I move later in the year.
I have wanted to consider Spain to retire to for the lower cost of living but the amount of money one must have monthly in order to obtain a visa is almost too much for someone with a low Social Security benefit. It's a bit of a catch-22 TBH.
Living on roughly £1000 here in uk, so that the other £550 of my pension can go to pay down the mortgage. Aiming to be mortgage free in just over a year. Only about £7000 to go ( + interest). No car, cheap holiday, keep to a budget, minimise clothes shopping grow a few veg and fruit in the tiny garden, rarely eat out, repair clothes and knit my own hats, mitts and occassionally jumpers ( including paid knitting jobs for others occasionally- not a lot of cash for this but it all helps.)
It's amazing how little we really need to get by on if we're careful and thrifty. It's amazing how most people in this country waste so much on useless stuff. Great video and please keep going☺
That's true... I am 70 living alone in Indonesia. I spend between $200-300 per month which includes electricity, wifi and foodstuffs. However I do not own a car, my house is paid off and I have no medical insurance. I am living off my savings but still able to travel to visit friends and family overseas. I just hope and pray that I keep on being fit and healthy and avoid the doctors.
$700 per month rent. That’s so cheap! In Sydney, the average rent for a room (not a whole place to yourself), $350 - $400 per week. Yes, in Australia they go by week, because some months have 5 weeks. That way they can rip you off even more!
I have heard about how high rents are in Australia! That is depressing. They are high here in most places, especially in the major cities. Thanks for your comment Lilione!
It depends where you live. In Orlando Florida you’re looking at at least $1k a month for a decent one bedroom. Forget Miami and that entire south Florida are. Rent there is $2k a month.
It is nice to hear from someone who understands the situation. Not just in how benefits work, but why going out and finding a part-time job is a problem. I have family members who have a lot of liquid assets that think they are judging me fairly when they have no clue how to live at this income level. Its like the meme where it says you can't judge people by your standard. It says something like the other person may have a paper plate for their stuff while you have a platter.
Thanks for sharing this, emptychallice! Generally, people who are not struggling financially don't really understand what disadvantaged people go through. It's very disheartening. Appreciate you watching!
I have the same education and had a career doing the same things. God bless you! You are adorable. We are the same person! Single women. I love my peace and quiet.
Thank you for your advice... I too live on a very low income AND I live in NJ! The most expensive state in the US! Any advice is so welcome! Thank you my friend.
I get $1500 a month in alimony . I can’t work because My health is so compromised. I’m 55 and recently divorced. I love in California and pay $850 for a room and that is unheard of. I am on food stamps. After all my bills I have $375 to live on. That includes gas, spending money, medical and medications etc….God is taking care of me but I love in constant fear at times if I look at my circumstances
Thanks for sharing this howielate! I am sorry it is such a struggle for you because of ill health. I can understand your fear. I hope your situation improves. Take care!
Where I live there are a lot of seniors. I am always getting mailers for free meals from cremation companies, investment places and more. And the restaurants are nice ones! I've had a couple nice meals. Some travel companies have shows that offer food and beverages. If you have the time to spend, go and listen to the talk and eat! Free food and entertainment!
I live on about 400 us-dollar per month and I am thankful that I don't drink or smoke. I have a Podcast and so far have I someone who send me 100 dollar per month. I think it's start to be easier to be poor the older I be and this winter am I going to be inside most of the time do some craftwork and watch TV and I rent one channel with movies on. Some months can I save 100 us-dollar. I am thankful to live in Sweden and am allowed to have my own home I don't pay for. Thinking about old people who have NOTHING in some countries.
I'm glad you have a roof over your head at least. If you were here in the U.S., you might be homeless. I hope you can earn more money from your podcast.
I'm around $1200 a month too. Very blessed in an older house that is affordable compared to rent. Have heating energy assistance & use food banks. Thank you God!! ❤ Am working on credit card debt and a BUDGET, which can be exhausting at times
@@Sasa-pm7jcmaybe you can heat on a wood burner as well. If you have a chimney. I am Dutch and also at a food bank (the Dutch word is almost the same. Even the pronunciation: voedselbank. Pronounced: food sel bank). I live as a single dad with my teenage son. It will not stay like this bad but for now it is what it is. 3 years already. So far so good.
@@gerhard6105 Unfortunately, this house wouldn't be able to accommodate a wood burner. Love them tho. House insurance would go up LOTS too. Wood, if bought, is very expensive. Plus, being a single lady in her mid 70s, carrying it thru the deep snow is past what I want to do now. My last cottage had a wood burner + it was Lovely!
Can you share how you are doing it? I made a mistake of retiring early and only getting $881 a month. My house and my car are paid off and my kids are still living with me so they help pay house expenses. But they will move out one day and I will not be able to pay all the house expenses by myself with the tiny amount of $881. I sincerely regret retiring at 63😢😢 You can't do that when you have no savings bc the government will reduce your retirement amount to %30 less😢 for life.
I have a relative who lives on $900.00 month SS check. It’s unfortunate they decided to take SS at 62 instead of waiting until 66. It cost him $400.00 a month for doing that. He regrets that decision. His quality of life took a drastic turn. He’ll be forced to work part time very soon. Prayers for him and others. 🙏 Janie
Suze Orman is addressing people who want to maintain a middle-class lifestyle. It's not blanket advice. Suze said to take stock of where and how you expect to retire and work out your expected annual expenses. Multiply by the number of years tables suggest you might live in retirement. It averages 25 years. So, if your annual expenses are $25,000, you need $625,000. Now account for inflation, compounded over 25 years. You need another wad of cash. You need your money to be in funds that at least match inflation or your actual purchasing power drops every year.
Boy, owning your own home and utilities (solar) makes such a big difference as you grow older. Waiting on my retirement (2 years), and once that kicks in, with a couple small side hussles, life actually IMPROVES if you're prudent. Also, living internationally in many places gives you a great alternative to expensive Medicare/Medicaid (premiums, deductibles, etc.) and access to better/cheaper (cash) care.
@@margkropf5541 Broaden your horizons when it comes to learning. I know in USA they start you young to be patriot and NOT learn anything about any country other than your own. I do not even know where this lady lives but I am sure it is applicable to you and me. She does not sound British French or Italian etc so I am thinking North America..We are not that different we both have corrupt gov officials lol
I live on social security but it’s more then $1400 rent is $900 plus utilities so you can live on it everyone isn’t on assistance I don’t qualify.but I manage and I very careful and track every dime...
I would be living similarly to you if I did not have a part time job. I am past the age where it docks my SS. I also support (for now) my grown son who eats a lot! I have never really had any money so I have always been scrambling to make it work so therefore I am pretty good at it. Many seniors were pretty good until the pandemic and then afterwards when rent went way up it really went wayward for them. Am in a senior FB group where there is a lot of suffering - barely making it, homeless, living in their car, living with hateful relatives or roommates, etc. It is heartbreaking.
Thanks for sharing this, Vicki! I agree that the pandemic had an overall negative impact on people financially. It is disheartening. Appreciate you watching!
Thanks for sharing your specifics. I think it’s great that more people are opening up about how they are getting by each month. We are all experiencing challenging times. Appreciate you letting us know the pros and cons of your own situation.
People can start to invest at almost 50 or in their 50’s. That is later than others but it is definitely not too late. I agree with Dave Ramsey you can do a lot in 10-15 years. It would also depend on your income and maybe working a side or second income.
Many of us have been kicked off medicaid the last few years. Bingo on the insurance coast for getting any extra income. If you have a savings for emergency you are zapped for for drawing it out. Please continue this message about this crazy system. Keep your medicaid.
These are excellent suggestions. I would love to and have considered relocating, but I don't drive. New York is very non-driver friendly. Especially Harlem, it's a community inside of a community, and I can get from point A to B on one carefare. One thing I cut out that saved me a ton of time and money was ditching the hair dye. During the C19 lockdown, I was unable to get to my stylist and my hair and scalp detoxed like a junkie jonesing for a fix. Excessive itching, irritation, soreness, flaking, and extreme thirst. After 3 months in washing it myself, I noticed the most beautiful, unique grey/silver streaks and highlights that only Mother Nature could've produced. We'd be surprised at what we can live/do without until we're forced to make do without it. Btw, your hair is beautiful.🙂👍🏾💙
Thanks for sharing this, Carla! I also do without a car in a more rural town, and frankly, hope I can do without a car permanently. Appreciate you watching!
You are an angel. I wish I had seen you before I retired. What you say in this video is very, very true. We're older, are brains and body's still function fine, but if we work we are penalized. Good luck to you! Please keep up the great advise!
Very well said and good video .As for me I am retiring next month and it does make you think how to budget your income. I will get a pension and its the benefits health care starts to end when retired . Trying to look for a plan but it will never be the way it was when doing my govt job. I do believe in living with your means you don't need to have a million to make retirement work as you said. . Its all smart planning of the income you do have to make it work.
I don't live in the US and I used to be worried I would never have enough to retire but now at 72 I am just fine! My townhouse and car are paid for! And I don't have even close to $500,000.🇨🇦
Working my way through your back-catalogue, I landed here tonight. Great tips. I enjoy your channel! You really are a natural with all of this! It's nice to see your channel doing so well!
The problem with government assistance and trying to make a little extra money, it’s when you make just a little bit too much to take away something that is like four times what you’re making and you could never get ahead with them, but I would take it in a heartbeat
I live on less than that but I do not have to pay rent as I own my own home. I am 73 and my budget is: water 10, lpg 10, electricity 10, ha fees 75, car budget for repairs, insurance etc. 200, petrol 50, food and all cleaning, beauty products etc. 211, telephone and internet 74. No TV,. My income is $1205 so I can save for house maintenance etc.
Being debt free and having your health is the most important aspect of retirement.
Yes, indeed Joyce!
@@joycewright5386 totally agree Joyce! It is such a blessing to have good health! Having no debt is definitely something that one needs to work at. I would also add to that to try and save your money as much as possible that’s my downfall. It’s hard for me. It’s a habit I need develop.
So true health is wealth
That’s the truth.
I live on 900. A month, am a single mom, going through Non Hodgkin's Lymphoma.
God makes a way.
Sorry you're dealing with a serious health issue! Hope your health improves. Take care!
Question from a Dutch: do you in the USA get childmoney from the government? I am a single father and I get €267 per month for my son. He lives with me permanently and for 10 years already. This is a Belgium amount because I live in Belgium but I am Dutch. In the Netherlands it is €402,41 per quarter. So that is €134 per month. How about the USA?
❤🙏
I wish you healing, wellness and better days ahead.
@@LisaSimplified thank you 😊
I hope your day is absolutely amazing and full of blessings 💚
Thank you for being so honest. I'm 63 and living on social security. Thankfully my house and car are paid off. You are so right about housing. I worked for the housing authority in our town. It is easier to get housing in a smaller town. We have several options here. I also get snap and a little bit of energy assistance. I just found out that there is assistance for internet service and cell phone. I have Consumer Cellular and it is only $ 30.00. Thanks for sharing.
Thanks for your comment Vicki! There are so many seniors living on less nowadays. Thanks for sharing your experience!!😊💜🌟
The Affordable Connectivity Program that would help with cell phone and internet, has now been eliminated.
I am about to be 70. I am just now having to do the same thing. I really appreciate it. I am divorced,no kids and have pets. God bless you.
I agree with the name velvet prison concerning government assistance. Income has to increase quite a bit for someone to get ahead. I'm worried about Project 2025 which would cause us to lose our Democracy. I'm 61 and live alone . My current employer only gives me 12 hours per week and I don't have any other income . I have definitely noticed how I'm considered in the workplace due to my age . ❤
At 70, no one will hire me with my 30 years of experience in a good field. I protect my emergency fund with my life. My separate end of life account too, my daughter is on the account too so there are no issues for my kids. Something we all need to think about. Even with simple cremation it’s more than you think! ❤
Very important to have a house paid off prior to retiring. Very important!!!!!!
Yes, but what do you do when they raise your property taxes (they double ours in a few years!), or when you need to change your roof or other costly repairs?
And car!
@@yestohappiness2721You are still better off than renters. So stop bitching about it. 😊
@@NelsonFerguson-v7f I don't think they were. They were asking what people do who purchase homes and then run into raising costs for upkeep and insurance. It sounds like a valid concern and question to me.
@@yestohappiness2721 Many states have a property tax freeze back to the amount you were paying at age 65. They don't advertise this of course, you have to call around and ask, fill out the paperwork. So my property taxes remain the same as they were 6 years ago. Some states even offer a property tax REFUND in whole or in part to seniors and those on disability. Again, you have to call around and apply.
I live on about $1600 a month. I paid off my mortgage on my small house 4 years after I retired. I pay $180/ month for my Medicare supplement $ $38 dental insurance. My homeowners insurance is $160/ month. I drive a 2009 Toyota, do my own lawn care. I try to save some every month for emergencies, real estate taxes, auto insurance, doctor bills until my Medicare deductible is met. I’m pretty frugal and owe a little on credit card debt. I’m not rich but I feel I live a comfortable life. I’m grateful.
I lived on that for two years when I worked at a family owned battery company in the SF Bay Area in California. After I paid my rent, I had $400 left. I stayed slim, that’s for sure! 😂
Wonderful❤❤❤❤
I spend on my teenage boy. It's awful because he complains about the low income living I provide. He's going to be 18 old in 2026. 😅 patience is a virtue.🤞🫶🙏
@@claudiavargas7900You teenage boy can earn money for his wants. My children had jobs mowing lawns, pressure washing, etc.
Coventry Aetna & Humana supplements are like $30/year! Maybe you should double check that you aren’t overpaying.
I totally appreciated this video. People just don't get it. Im retired and live in less than 12k a year living on social security . I own my home and have no debt. Very similar situation. I feel very blessed. Being poor isn't a crime. And being rich isn't a fact for the future's happiness. Im very grateful for my life. Little but steady and strong.
Thanks for sharing this, Joyce! So glad you embrace gratitude. Appreciate you watching!
Thank you, I agree excellent point.❤
You’re rich and brilliant.😃
I'm living on Social Security only $1,272 a month out of that money I am able to put $450 into savings what helps me as I have a paid for mortgage I drive a 2020 vehicle and no debt. I do have a small 401k and Roth IRA but I don't use any of that right now no work pension worked retail. I pay all my bills monthly including house and car insurance $87.00 of that savings is towards real estate taxes that I pay once a year. I shop thrift stores and garage sales for clothing and as much household items as I can I've been buying markdown meat and as much mark down and clearance food and non-food items as I can find. I do dine out two to three times a week senior meals or using restaurant coupons. I've been doing this for many years even when I was working I don't feel deprived I feel blessed
@@Mary-tj5qx ,
I'm sorry for the loss of your sister but happy that you are doing better emotionally and financially.
I am very strap. Renting is so pricey that's the problem. Most rental.1! bedroom. $ 1;200@@debbieframpton3857
How does get a low income the waiting list is terrible
Wow! Amazing!
I make a similar amount and wanted to share just found a food pantry two months ago. I've never done food stamps or a Food Pantry it was difficult to apply emotionally but they were so very kind it made all the difference in my outlook. As I too own my own Home and saving for Insurance and Taxes are my largest expenses plus maintenance. Just wanted to share I believe your income would allow that type of help to fill in. Good luck.
I live on $1400.00 a month . i am blessed i live in senior housing. My rent is low . everything included except electricity and i get a 800.00 a year from a grant program and our use of electric is about $ 3.00 a day. Then i have phone car ins. and cable so i am very blessed😇❤😊
Thanks for sharing Debroah! The key is definitely having subsidized rent!
Allison, I'll be 65 in July. I have no family. Colorado is an expensive-ass state. My rent is $1200 a month. I just started getting SS retirement ($1200) month plus a part-time job. Please tell me more about subsidized housing. I used to live in Oklahoma where rent is nearly dirt cheap. What are your thoughts?
You are definitely blessed!
Thank you. We’re in a similar situation financially and in education except that my income is lower. I just am having trouble finding residence locations to visit since it’s not going to be an option where I am. I know there can be drastically different standards and here all seem to be are the worst or section 8 lists are closed indefinitely that’s to leadership. I am 76 and have reduced my possessions quite a bit after witnessing my neighbors’ being discarded. I will write some more to share about careers and how people can’t understand how I could be low income after such an education and would love to share more but not publicly.
I think a lot of people don’t know that there are programs where a very nice apartment building HAS to have so many low income people who live there with subsidies.
There are expensive apartments and lower rent ones.
My sister is on SS and Medicare much like you are…almost her same scenario.
She lives in a very nice apartment building and a beautiful one bedroom apartment that has beautiful tall windows and brick walls…just gorgeous.
I think she may pay 450.00 monthly.
The complex has to have a percentage of low income and it has something to do with Government, don’t ask me why.
I could find out if it would help anyone.
Moving to an affordable place is key. If one does not have kids who can or are willing to help out, moving is the way to go. I grew up on the West Coast but could never afford to live there now. However, I live in a really gorgeous part of Appalachia, where I was able to pay cash for a little house after selling the converted van I was living in. If I had a rent payment, I would not make it. I grow and can a lot of my own food -- more every year. I'm right at the cusp of where EBT does not help me: $23 a month. I heat with wood in winter as the electric bills keep going up up up. Medicare pays for my healthcare. Like you, I am grateful for what little assistance I get.
Thanks for sharing this Joanne! Sounds like you've made a good life for yourself!
What gorgeous part of appalachia ? I'm looking to sell out and move that way
The government gives illegal aliens $1000 a month but gives our seniors only $25.
In the 80's a woman named Amy Dacyczyn had a newsletter and eventually books called The Tightwad Gazette . It is still available. Although some information is outdated, this book is the best guide for living well, and happily on a small income. Inspirational to say the least. Worth checking out ❤
I have seen that, Sandy! Thanks for sharing this.
I love her books and still refer to them on occasion.
Yes! I read those and have a book that is kind of a melange of some of her best tips from both books!
I remember her!
@@sandy1128 On it, Thanx!👍🏾😉
I live on $1500/month. I work 2 jobs spread throughout 6 days. I am able to walk to work/home and/or take the bus, which is free in my State but cons of the bus are sometimes it is late picking you up and sometimes the bus can get cancelled and wont run til the next departure, but I do save a lot of $$ that way...my rent is only $800 as I have a roommate. I eat leftovers, I eat cheap meals like Cheesy Toast, hotdogs, mac and cheese, sometimes get frozen fish fillets, rice, scalloped/instant mashed potato boxed version, saimin ( ramen in the mainland), canned beans, pasta, pasta/seafood, canned meats like canned chicken, tuna and Spam..I also make sandwiches to eat at work...
Thanks for sharing this, Ashley! Glad you can get by, although it sounds exhausting working 2 jobs. Appreciate you watching! Take care!
I have worked since I was 21 and finally because of health issues stopped working at age 69. I am now 76. I live on $ 1367.00 a month. I own my own home and I have a 16 year old car. I don't need much. I use a food pantry since I get $23.00 a month for food stamps. My biggest pull on my social security is my property taxes, house and car insurance. Its a lot.
I just found your video so I am happy to see you plus others who live frugally too.
Thanks for sharing, and for watching, Arrina!
Can I offer a suggestion? I didn't know about this until my sister told me. I don't know where you live, but in my state, there is a "homesteaders tax exemption" for homeowners over 65. You aren't taxed on the full FMV of your house, so it lowers your tax bill on your home. In my state, it isn't automatic, you have to apply for it. My husband went to our local PVA after he turned 65. He had to show ID, filled out a form, and it lowered our tax bill by about $400 for the first year. We don't have to re-apply every year. I know $400 isn't a life-changing amount of money, but I'd rather it stay in my pocket!
@@maryfields1382 Hi Mary, I live in Texas and I do have the homestead exemption. My school taxes are capped but my county tax goes up every year. I have to prove to the appraisal center each year that my home is not worth the high appraised value.
$400.00 would be a huge
saving. Thank you for your good information! 😊
My friend is 85 years old, and still works 40 hrs a week in the Bakery at her local Walmart.
That's amazing! Can't imagine being strong enough physically to do that. Thanks for sharing Kiki!
@@eldergal she really is an inspiration for me. I'm 20 years younger than her.
I'm still working at 67. Nothing wrong with working
😮😮😮
My MIL is 90 and needs a walker to stand and move around
It's amazing how little you can live on. But you have to pay attention.
Yes, thank you for your comment Barbara!😊💜
@@eldergalNarbara is also correct
I live off 500 less. It’s hard as heck!! But surviving!!
Boy, you just described my situation. My rent is a lot higher than yours...I am on waiting lists for the past year. Seems to me that the goal is to keep us poor. Worked for 50 yrs...my body finally gave out. Like you, I am content and over the top grateful. We are tough cookies!😊
We have to be, pattheiss! Being grateful is the key! Thanks for your comment!
I get $23 for food stamps. I just applied after hurricane Helene. Thank God I can get free food from a local church.
Glad you're getting some help!
By retirement, one would *hope* that you'd own a house with a paid off mortgage, and all that is left is maintinence, taxes, and utilites. I live on 900$ a month, but I also live like I did in the 70's, I don't own an Iphone, a dishwasher, a microwave, or a flat screen TV. I get my tv through an antenna on the roof. And I drive a vehicle that is in good condition, but is 25 years old (I can't deal with cars whose dash looks like the starship enterprise)
Thanks for sharing this, Brock!
Thank you. Your videos are soooo helpful ...
As I'm facing the issue of low-income living, I've had trouble just trying to find ANYONE who will talk about these things with me ...
Even the people at Social Services are uncommunicative and dehumanizing! ...
... So thank you very much, and Best Wishes to you!!! ❤
I am also looking for answers and haven't found where to go or who to speak to. Do I qualify? Which programs, etc. Where and who do you go to? The internet has been a brick wall for me so far. I want to speak to a human. Any suggestions?
@@evolutionangel1 Look up “Office of the Aging” in your county. There should be an office of that title or similar that can answer your questions.
. If you contact a social security office near you, with a little luck you'll get to speak with a nice human. Good Luck !
Search for senior services in your area. Or food assistance. Usually there are resources there.
10/22/24....
I am in SAME situation.
I live in Central FL+ just had Hurricane 🌀 Milton...NO real damage to my mfg home that I was making needed repairs on so I could sell/move back to home GA after 12 yrs b/c very little family members/ cousins left now.
I don't do Internet + MUST declutter seriously + hope to sell/move by New Year.
HOW IS BEST WAY TO FIND SAFE BUT REASONABLE RENT PLACE FOR SENIORS?
CLOSE TO GROCERY + CHURCH + LIBRARY 📚???
SENIOR SERVICES? SOCIAL SECURITY?
ANY OTHER IDEAS THAT NON-COMPUTER SENIOR CAN MANAGE...
PLUS SAFETY IS HUGE ISSUE...
APPRECIATE ANY HELP/IDEAS.
I'M THINKING 🤔 FIND NICE APT + GET 2 BEDROOM + THEN FIND RELIABLE ROOMMATE WHO CAN BE "CHECKED OUT"....LIKE NO CRIMINAL RECORD OR ADDICTION.
PLEASE HELP ME ... 💡
Yes, I get it. I am 64, retired at 62, work 20 hrs a week to supplement my social security. I started working in 1975, $2.65/hr. at Dairy Queen (That was the minimum wage at that time, my boss got away with paying us $1.65/hr. How did that happen? There were not tips then. I referenced the $2.65 to impress the minimum wage at that time). Went to trade school, salvaged a trade, worked 40 hrs/week for most of life. Let's face it, women never made the wages a man did. So to base my almost 50 years of working at lower wages than a man, my social security is very low. I demand reparations! :) Thank you for your video, Elder Gal. I am now a subscriber. You Rock!
Thanks for sharing this, Brietta! I love the idea of reparations for women! Appreciate you watching!
I began working at the library in the summer of 1974 during my Junior/senior year of high school. I was paid $1.90(minimum wage) $2.10 minimum wage took place in January 1975
@@moonfly70346 OMG, you are correct. You just burst my bubble. I thought I was making more. LOL. I was working in Minnesota at that time. I just recall $1.62 an hour. Maybe state wages varied. dunno.
@@moonfly70346 Again, I think different states held different minimum wages. $2.62 an hour in Minnesota
I hope the circumstances of everyone who is going through tough times improve. Only people who have been in their shoes will be able to understand their situation.
Thanks for your comment!
Those of us that do not own a home are very hard pressed to live on a small income. If you own a home, it is possible but when paying most of your income for rent, it is virtually impossible.
That is true. When I owned my house I had more money. Considerably more.
8/31/24....I am single lady + own my own mfg home on my own lot in a 55+ community in Central FL.
But prop taxes are rising....
And HO3 home insurance is expensive...And NOW I have serious repairs + maintenance I MUST do now.
And my 16 yr old 🚗 was needing some serious repairs.....+ Car ins in FL is expensive....So I sold my old car + found/bought a "new to me" 🚗 that should be my final car purchase...BUT car ins is more b/c FL has high INS rates.
And I have dental problems that my Medicare doesn't cover....so I have a Care Credit 💳 PMT of $200./mon.
SO I am making home repairs + plan to SELL my home + move back to my home state to be near my few family members + friends....
And I was dropped from SNAP/EBT of $23./mon.
And once I move back to GA...N of Atlanta....I will look for a low income apt + then get a larger 2 bedroom apt + search for a nice church lady to split apt rent + utilities as my roommate.
Otherwise I'm going to have a serious problem trying to pay LOW INCOME rent as this lady suggests.
@@Nancy-px7hn owning can be expensive too. I just paid $12K to have the sewer pipes under the house replaced. House was built in 1954 and have the old galvanized ones. They told me down the road I will need to replace the water pipes as well !
The ridiculously low income to qualify because the housing, car, groceries, pet vet, and my medical costs are not taken into account. That makes it look like you don't NEED help when, in reality, you DO NEED HELP!!
My friends mom lives in a government senior citizen apts like the this wonderful lady is talking about. Take advantage of this, even if you have to move to another town. Good luck! 🙏
I know someone who probably lives on less than you. She lives for free in the basement of a friend's home. I grew up in foster care and went into the military from high school, which was hard, but I was grateful for the opportunity for a good start and for the education and benefits I received. Maybe because I knew early on in my life what it was like to be homeless and not depend on someone to care for me, I worked and saved and made better decisions so that I would not end up in a similar situation. But I am always amazed at how this happens to educated people.
Yes!
I can't understand
There r some people fully educated high iq
But don't want to
Work!!
Becoming homeless !!
Waiting for entitlement???
$$$$
@@user-tk3nm2ul1e
Being highly educated however also having been the mom of 1 disabled child and 2 others, hospitals, docs and an ex took all my $ also being a DVS has left me unable to work.
Required several spinal surgery from domestic abuse.
Most educated middle-class people who are single, or are single parents, are only one serious accident or illness away from being homeless in this country. Sure, there are freeloaders in any system, but most of those getting benefits are genuine hard-working people who suddenly could no longer work or who had a child or family member suffer an accident or serious illness and needing care and couldn't work. Without an income, a person can find themselves on the street and it doesn't take long for extensive medical expenses to use up any money you've been saving.
Working and saving are great to do but don't always stop some of the expensive things that happen. Like becoming too ill too work with a genetic/chronic disease not yet approved for benefit eligibility. Like having a tragedy in the family. Like an unexpected death by murder. Like abandonment by a formerly responsible party.
And you may think you are too prepared or too wise for that to happen to you. You'd be wrong. It can happen to anyone.
Being in the military was a lifesaver for me. Luckily I resided in a state that would pay my tuition at a city, community or state college for Military Veterans. So I went to a City School and became a Registered Nurse. That gave me a decent career so, although I wasn’t rich, I made enough to take care of my family and I was always able to get a job.
The best thing about this video is the candidacy and the fact that there is always a way to live even on a limited income. I mean let’s practice right? Because we are all, in this economy and those of us who don’t own an electric vehicle company, living on a fixed income. Thanks for this psa
Thanks so much for watching and for your comment, Jackie!
HUD housing is a life-saver. It gave me the 3 years I needed to get on my feet. Thank you, HUD!!!!
It has saved me too for the past 6 years! Thanks for your comment and for watching!
I have worked hard low paying jobs all my life. I dont get alot but I have peace and I am happy
Thanks for sharing this Shelia! Glad you are at peace! Appreciate you watching!
Thank you so much for your wonderful information. I'm 61 yrs old right now, and really need to learn all I can before I retire.
Appreciate you watching, Ana! Thanks!
I live on less. Not public housing but a dump, for which I am grateful.
Me too I’m thankful I don’t have to rely on government aid
@@donnamcclenton7340
If I had a working computer, I'd simply apply for what is being offered through Medicare. Sadly I don't have a computer anymore. This phone is useless for applying for anything.
I was so fortunate when I retired. I owned a home that was paid for and I was able to pay cash for a new car a couple years ago. I am currently living comfortably on $1,198 a month in Social Security and another $775 a month in interest income.
I’m currently married but think about life alone. I worry about expenses and having to be solely responsible for myself. We’re both getting up in age and statically women live longer. The both of us aren’t big spenders or care to have much material wealth now. I think I’ll be okay financially on my own. We both have saved and told ourselves NO many times. NO to expensive restaurants. NO to expensive clothes. NO to expensive vacations. Our car is currently eight years old, but we won’t be trading in any time soon. We’re living in a world with uncertainties with the economy. I plan to live one day at a time. Janie
Mad respect, ‘elder gal’! You’re doing while others talk about it. 🇨🇦
Thanks much Jancy! Much appreciated!
I'm 67. Woking fulltime in my field-counseling. I was a SAHM and volunteer for about 10 years. Taking Social Security. Mine doesn't amount to much due to part time and out of the work force or making less than what you get credit for. I have debt and a good bit of equity in my home. The job I do is challenging and sometimes draining. I just am committed to working until i just can't manage it anymore. Thx for your sharing.
Thanks for sharing this! Often counselors don't get paid what they are worth, unfortunately! Kudos to you for helping others. Appreciate you watching!
I have basically nothing. I lived on what my father left me, after I devoted my life to working for and caring for my parents and other relatives. I only have half my quarters, so I don't qualify for Medicare or Social Security. My only income at this point is whatever art work I can sell as I continue to pursue my decades long dream of being a full time artist, plus any other items I can sell. My life is a precarious journey through the maze of learning while.staying one step ahead of oblivion.
Thanks for sharing girlfriday! Glad you have at least have art that you enjoy and provides some income for you. I understand what you mean about precarious! Take care!
I hope you've looked into what social services can offer you, medicaid, food share, heating assistance...sounds like you would qualify for lots of help.
@@ecm958 Thank you for your concern. I do get heating assistance in winter, and sometimes a dollop during the summer if they have extra funds. I also get SNAP, without which I'd be confined to unhealthy food pantry foods. I can get extra heating assistance sometimes from Northwest Community Action Partnership, if I've received a disconnection notice. Another life saver has been Homestead Exemption, for property tax relief. This after nearly losing my home to a tax sale several years ago. I applied for Medicaid once, but I didn't qualify because I had a little too much money at the time. Here at any rate, you can't have more than $4,000 to qualify for Medicaid, even if it's all you have to your name.
You and I live on very little! I'm glad you can get by.
@@Bevity 👍💖
I feel like I'm listening to myself talking. I'm in your exact situation except that I still have a $500 a month mortgage payment. I'd love to try to earn extra, to do marketing on my books and make more sales. But like you, if I earn more than just a little, I'll lose more than I'll gain. I'd need to make a lot to offset it. It's depressing. And I'd be depressed, but I refuse to fall into that. Instead, I thank God for what I do have and I have hope. (subsidized housing is out for now because I have a fur family (all seniors) that I love and am committed to caring for). I'm happy you're making this trap known. Love your videos.
Thanks for sharing this Linda! Yes, I understand, I am facing that now that I am earning on TH-cam. Trying to figure out if it's going to be worth it.
Yes to your fur family!! I have senior rescues too. Have a mortgage too, $550, for another 10 years. No one would ever rent to me with my beloved fur babies!!
@@Sasa-pm7jc Maybe rent a room out for extra income?
@@Nwladylaura369 She just explained that she can’t have extra income because if she does her benefits will be taken away.
@@eldergal I am glad someone is shedding light on this "trap". I worked all my life. My SS is only $1250/month. I have to use the programs I can find and qualify for. I am now writing books, and editing books for others. But I too have to limit what I earn or I will lose benefits, especially medicaid. Your figure is about right, if I earn about $500 or $600, I lose that much in benefits. PLUS since it's my own business, I then have to pay higher self employment tax. One year my total taxable income was $7000 (before expenses), and I had to pay $1200 in self employment tax plus I lost my higher level of medicaid. Senior or not, our system is structured to actually discourage people from earning more and getting out of the trap! Probably structured by the same persons who decided those on Medicare didn't need coverage for glasses, hearing aids, and dental care. I too have 3 furry family members, all also seniors now and taking meds too and I will not abandon them. All rescues, from back when I was working. But one accident changed everything. Luckily I had bought this little house before the accident. I live in a small midwestern town, and these are often more safe too. But there is nothing to do! Also, in this town and others I know of, there is often a lot of crime in low-income or subsidized housing, so be careful with that. Elder Gal, how did you find the lists of subsidized housing in the different towns?
Thanks elder gal for sharing and educating about living on low social security. You are a treasure for many people. Best with your achievements on TH-cam.
Thanks so much, Mary, for your support! Very kind!
It's great to hear a real person talking about REAL finances as a senior. Not everyone can retire well, NOT because of their own fault, but due to poor health issues as what has happened in our lives. Your health is your GREATEST wealth. Unfortunately, poor health has been our largest hurdle in life & keeping us from being able to retire as well as we had hoped for & planned for. Life happens & is precious. Enjoy each day & TOMORROW is your GREATEST blessing.
Absolutely right that health is our greatest asset! Appreciate your comment and thanks for watching!
I live on very little also SSDI I don't get any assistance because I don't qualify for it I also make TH-cam videos it's my hobby can I don't plan on monetizing. It's extremely difficult I have had multiple sclerosis for more than a quarter century. I had lymphoma cancer 6 years ago I had a stem cell transplant about 5 years ago and I broke my leg almost 2 years ago and have been basically bed-bound. My faith keeps me going I believe in God and that helps me. I have recently started to pay for home health care one time a week just to shower. Very expensive if you have very little. Thank God I have a little bit of family help right now but I don't know how long that's going to last. Things are tough but you have to be tougher you have to pray to God to give you wisdom to make it through each day. Nice to see someone in a similar situation that's a fellow TH-camr. God bless
.
Your situation is heartbreaking! So sorry you have had so many health issues. Bless you too and take care!
I love your video. I completely understand what your saying. Im just turning 70 and live in Canada. I retired at 67. Because of the location of my apartment i was able to sell my car, which drastically reduces expenses. Also, I 6:13 ve lived in same apartment for 18 years and with rent control it is very low rent.Feeling grateful!
Thanks for sharing this PAL-CAN! So glad you have a stable place to live. Appreciate you watching!
Those financial "gurus" don't know everything. I had less than 200K in my retirement fund when I retired. That was 7 years ago. I live on about $38K/year. I'm not homeless. My home is paid for. My car is paid for. I have no CC debt. It can be done, but it took decades of hard work, vigilant planning and living a semi-frugal lifestyle. Not everyone has the ability to take "the long view".
Thanks for sharing this, deerhaven! It does take persistence in planning and manifesting it - sounds like you have done that!
I live on $1200 a month and own an old house so there is constant upkeep. I have had big tree limbs fall on the garage and the house. The house is an old single wide mobile with an addition. It has problems and no money to fix it. I worked until I was 70, part time because I have physical problems. I am now 74 and I am retired and I have no money to go anywhere even if I was physically able to.
So sorry to read this Patricia! I know it can be a struggle. Take care!
@@patriciatoombs4651 ,
Sorry to hear this
Would you be better off to go into low income housing?
Sadly, in some states housing assistance is no longer available or the waiting list is so long, it may as not be available
@@debbieframpton3857 No. At least I have some land and can grow a garden and keep my independence. I have a son who is very patient and helpful. I am in better shape than a lot of people. If you can, hold on to your house and your independence as long as you can!
No there's no way he would be better off doing that if he owns his house. Besides most people would not want to go from living to a house to an apartment.@@debbieframpton3857
I live on 900.00 a month, enjoy what you have......be happy with you ❤
I could do that if my house were paid off.
Me too
The system traps you in poverty. I have found this for years.
Oh..it's "the system". Gotta blame something other than peoples horrible spending habits. How about take away SS then who will you blame? I have a net worth of 2.2 million. Saved. Didn't buy stupid crap. No debt. Worked. The USA gives more oppoiunites than anywhere on earth. but people are idiots with their money. Whatever..sure..blame "the system" if it make you feel better.
Nothing to do with choices?????????
We all have choices, but sometimes choices have nothing to do with poor lives some people live. Most times it is DESTINY.
@@carols8090the choices that you have in these situations are not at all helpful. They do not let you get ahead in any way. Not only that, but some people have very bad disabilities which seriously limits any choices that they have. You obviously know nothing about this type of situation or what other people are going through. Didn't you hear at all what she said would happen if she tried to make more money???
We're going to have to figure this out, because we want to retire in Italy and we meet the passive income requirements, but we don't have a whole lot after that. Thank goodness the cost of living over there, is about half of what it is here. Thank you for the tips. We will definitely take this to heart.
How wonderful! Hope it all works out well for you in Italy! Thanks for watching!
Mindful frugality has always been a way of life for me. However, if I had not been a prepper, I wonder how I would manage at this point in life. Smaller local Thrift Stores, have been a godsend, no the bigger 'chain' type, where prices are often almost as much as things cost new. Thank goodness, I prepped not just food, but items necessary for everyday living too. Prepping mitigates inflation and shortages, better than any other way I know!
it was a real shock when I retired......I went from what I made in one week to that amount for a month.....I was smart in getting most of my debt under control before I did retire. I also went and found programs that can and do help me take care of my household income. Thank you for sharing your experience with us.
Thanks for sharing this, Robin! Glad you have been able to adjust to the change in your income. Appreciate you watching!
I can relate, if it wasn't for subsidized rent,I would be screwed.
Me too!
I was 54 when I was put on disability. Because I had raised kids and had issues long before I got SSDI my check was very little, just under $600 after SSI was added in. Lost the house, lost the car n lost my husband all because I could no longer work. I wasn't sure if I would survive back in 2010 but here I am 14 years later. I am now living on a little over $1,200 per month. The hardest thing is trying to keep a good working vehicle under me because walking to the store is not an option. Plus I still haven't found a permanent place to live. I'll probably have to get a vehicle I'll live in. I've tried 3 different 65+ housings but wasn't happy in any of them. The last one the floor was so cold I was worried about losing my diabetic feet. I so want to be a snow bird, in the south for the winter and then the north for the summer but I need the right vehicle
Thanks for sharing this Sandy! I do understand how much of a challenge it can be. I hope you can work out a better situation. Take care!
I just found your channel, I also get Section 8 housing, Medicare, Medicaid, also I get 185 from my Healthcare Insurance a month for food or dry goods. I am only 61, but have been disabled since 2014. I received my housing in 2021, from 2014 to 2021, I lived with family off and on and in my vehicle, I waited 7 years to get my section 8 housing. I have a beautiful appt with a garage, it was hard but worth the wait, I pay less than 300 a month for rent😊
Thanks for sharing this! Glad you finally found a wonderful home! Appreciate you watching!
What state do you live in, I cant believe it took 7 years to finally get it.
Great video!! I work as an aide in the loveliest HUD sr citizen building. I love your attitude of gratitude!!!!
Thank goodness for low income senior subsidized housing that only charged my mom for rent 1/3 of her gross income after deducting medical expenses. It was a life saver.
Yes, it has been a lifesaver! Thanks for watching krisb!
Living in a country that provides universal healthcare is really important. Especially as a senior.
Yes it is! Thanks Judy!
In Northern Europe your rent would zero for subsidised housing.
You'd pay a small amount for local taxes.
You'd have to pay electricity.
Depending on the country you'd get free travel on buses and maybe trains.
So maybe slightly better than the USA.
Thanks for sharing that, Graham!
Five of us live on that in my house, and we still have a $650 mortgage. No government assistance of any sort. We live well. It helps that i am naturally frugal and I can find inexpensive or free things to do everywhere we go.
If we got all of the assistance you do (HUD housing, medicaid, food stamps, Meals on Wheels, etc), we would live like kings.
Thanks for sharing this, Amy! So glad it works well for you. Better not to be tied to government help if you can help it!
Maybe you could give ideas on how you do it. I live with my mother because I don't see how I could live on my own at that income.
FYI, getting subsidies does not allow anyone to live like kings or queens
Yeah, ok?! Five people living on a one persons income?! That is really really hard to believe. So is that two adults and three children or four children and one adult?! Something is not adding up!!
i live on a lot less than that ,but I don't have a car or kids which really helps
I live on $963 month SS n SSI i live frugally w 2 cats. Owe credit union $4333 n mortgage $12400 but ill b ok. Own a 40 x 14 trailer paid n 2 lots totaling 1/4 acre. It could be a lot better n could be a lot worse.
Can you grow a garden? That might help
Rent portions of your acreage
Hello, I found it so refreshing to listen to you discussing this problem of low finances and housing for seniors. I am now 78 and I have fortunately been in my low income apt. for 17 years. Over the years I have had small increases and now I pay $512 per month and this includes hydro and electric. Honestly, since I moved in here the housing and apartment prices have gone up so much. Really, even a shared room in a bsmt suite is over $1,000 per month and a one bedroom apt is about $2,000. My total income with my cpp is less than $2,000. so I am very grateful to be here. I wish that this economy was based on the need of each person not so much corporate profits. Oh well, I will keep hoping for a good solution for other seniors. Thank you so much! Sending you All the best! Laara in Canada
Thanks for sharing this Laara! Glad it is affordable for you with your low income apartment. I too wish the economy was based on helping people, rather than greed. Take care!
I'm debt free but the property taxes, house insurance, health insurance, medicine, and car insurance take almost all of my retirement check. It's ridiculous!
Thanks for sharing this, CRE! I know that even without debt, it is difficult to get by on a fixed income. Appreciate you watching!
I love your channel. It is unfortunate that as we speak, there are thousands of elderly people who have been priced out of existence and are either living in their cars or in tents. That is NOT the America I knew 60 years ago
I know what you mean, Lee! It is indeed tragic! Thanks for your comment!
Same in South Australia & affects all ages. Tents ⛺️ everywhere. It's devastating that govt doesn't help them, even if it was living in shipping containers.
But it is the America some of those same people voted/votes for!
I found your video very interesting because it mirrored my situation. I must have missed the part about food costs. Food banks have been a lifesaver for me. The little EBT i get ($23. a month) is to buy meats, and i only buy BOGO (buy one get one). It works because I'm on a very strict budget for myself. Thank you for sharing!
Thanks for sharing Charlene! I have gotten very little on food stamps in the past.
Bogo’s are the way to go. Or buy meat that is only on sale . Today I got a $5 bag of Hershey Kisses for .75 cents. I might go back tomorrow and see if I can get more to freeze. Chocolate has gotten expensive.
I am low income also, but have not been able to get subsidized rent yet. Still working on that, hopefully within another year. Thanks for talking about this!
Hope you can get subsidized housing soon Simply Zen! Thanks for your comment!😊💜
It's nice to know I'm not alone. I get a loud 1068 fir disability and the tookaway my foodstamps. Luckily I have good friend I pay rent to that knows my situation and is not charging me alot. Hopefully by this time next year I will have an apartment. Prayers to all
Thanks for sharing this! I hope you get your own apartment soon. Take care!
One reason I am considering Spain is that the properties are cheap and also I think I will be able to save about £100 a week out of my pension, which will be similar to yours, around £1,000 per month. I know prices have gone up recently, but food and utility bills are a lot cheaper than in the UK, and in the UK I would struggle to have a nice quality of life as well as being able to afford to live by the sea. I hope that your vlog is helping you, I am also considering starting one when I move later in the year.
I have wanted to consider Spain to retire to for the lower cost of living but the amount of money one must have monthly in order to obtain a visa is almost too much for someone with a low Social Security benefit. It's a bit of a catch-22 TBH.
Living on roughly £1000 here in uk, so that the other £550 of my pension can go to pay down the mortgage. Aiming to be mortgage free in just over a year. Only about £7000 to go ( + interest).
No car, cheap holiday, keep to a budget, minimise clothes shopping grow a few veg and fruit in the tiny garden, rarely eat out, repair clothes and knit my own hats, mitts and occassionally jumpers ( including paid knitting jobs for others occasionally- not a lot of cash for this but it all helps.)
Thanks for sharing this! So glad to hear your mortgage is almost paid off. Hope it will be easier for you after that. Thanks for watching!
It's amazing how little we really need to get by on if we're careful and thrifty. It's amazing how most people in this country waste so much on useless stuff. Great video and please keep going☺
Thanks artsmart!
One person’s waste is anoother person’s necessity. Try not to judge :-)
That's true...
I am 70 living alone in Indonesia.
I spend between $200-300 per month which includes electricity, wifi and foodstuffs. However I do not own a car, my house is paid off and I have no medical insurance. I am living off my savings but still able to travel to visit friends and family overseas. I just hope and pray that I keep on being fit and healthy and avoid the doctors.
$700 per month rent. That’s so cheap! In Sydney, the average rent for a room (not a whole place to yourself), $350 - $400 per week. Yes, in Australia they go by week, because some months have 5 weeks. That way they can rip you off even more!
I have heard about how high rents are in Australia! That is depressing. They are high here in most places, especially in the major cities. Thanks for your comment Lilione!
It depends where you live. In Orlando Florida you’re looking at at least $1k a month for a decent one bedroom. Forget Miami and that entire south Florida are. Rent there is $2k a month.
Senior housing in New Jersey is a 10 year waiting list by then I would be looking for real estate 6 feet under. I had to leave New Jersey.
nj is not for retiring people!!! too expensive!
It is nice to hear from someone who understands the situation. Not just in how benefits work, but why going out and finding a part-time job is a problem. I have family members who have a lot of liquid assets that think they are judging me fairly when they have no clue how to live at this income level. Its like the meme where it says you can't judge people by your standard. It says something like the other person may have a paper plate for their stuff while you have a platter.
Thanks for sharing this, emptychallice! Generally, people who are not struggling financially don't really understand what disadvantaged people go through. It's very disheartening. Appreciate you watching!
Everyone on a set income can work a small amount of hours before it affects them. The thing is do they want to work?!
I agree with you.I ❤what you are saying.It shouldn't be taboo.People should help each other with kind,sound,intelligent advices.
Thanks for your comment and for watching Mirkacihlar!
I have the same education and had a career doing the same things. God bless you! You are adorable. We are the same person! Single women. I love my peace and quiet.
Welcome to the channel, Margaret! So appreciate your comment!
Wonderful video. And I adore that guitar you’ve got sitting behind you. 😁
Thanks so much!!
Your outfit on this video and the colours suit you very well!
Thank you so much 🙂
Thank you for your advice... I too live on a very low income AND I live in NJ! The most expensive state in the US! Any advice is so welcome! Thank you my friend.
Thanks for watching Cheryl! I will be sprinkling in some financial topics in the weeks to come.
move!! out of nj too pricey.
I get $1500 a month in alimony . I can’t work because
My health is so compromised. I’m 55 and recently divorced. I love in California and pay $850 for a room and that is unheard of. I am on food stamps. After all my bills I have $375 to live on. That includes gas, spending money, medical and medications etc….God is taking care of me but I love in constant fear at times if I look at my circumstances
Thanks for sharing this howielate! I am sorry it is such a struggle for you because of ill health. I can understand your fear. I hope your situation improves. Take care!
Where I live there are a lot of seniors. I am always getting mailers for free meals from cremation companies, investment places and more. And the restaurants are nice ones! I've had a couple nice meals. Some travel companies have shows that offer food and beverages. If you have the time to spend, go and listen to the talk and eat! Free food and entertainment!
Good to take a friend so neither one of you signs up for their pitch!!
How would I go about getting those in the mail?
How do you manage the sales pressure? They're not doling out free food or goodies for nothing.
We have to be thankful for our daily bread 🍞.
Yes indeed, Linda! Thanks!
@@lindawilson795 I don't even have any $ for bread.
I live on about 400 us-dollar per month and I am thankful that I don't drink or smoke. I have a Podcast and so far have I someone who send me 100 dollar per month. I think it's start to be easier to be poor the older I be and this winter am I going to be inside most of the time do some craftwork and watch TV and I rent one channel with movies on. Some months can I save 100 us-dollar. I am thankful to live in Sweden and am allowed to have my own home I don't pay for. Thinking about old people who have NOTHING in some countries.
I'm glad you have a roof over your head at least. If you were here in the U.S., you might be homeless. I hope you can earn more money from your podcast.
A thankful heart is a richness that brings about contentment. Good for you !
I live on 1200 also. I rent a room. I don't have any financial assistance. Working on my debt. Working part time to help my budget.
Wishing you the best on your debt-free journey, Judi! Thanks for watching!
I'm around $1200 a month too. Very blessed in an older house that is affordable compared to rent. Have heating energy assistance & use food banks. Thank you God!! ❤ Am working on credit card debt and a BUDGET, which can be exhausting at times
@@Sasa-pm7jcmaybe you can heat on a wood burner as well. If you have a chimney. I am Dutch and also at a food bank (the Dutch word is almost the same. Even the pronunciation: voedselbank. Pronounced: food sel bank). I live as a single dad with my teenage son. It will not stay like this bad but for now it is what it is. 3 years already. So far so good.
@@gerhard6105 Unfortunately, this house wouldn't be able to accommodate a wood burner. Love them tho. House insurance would go up LOTS too. Wood, if bought, is very expensive. Plus, being a single lady in her mid 70s, carrying it thru the deep snow is past what I want to do now. My last cottage had a wood burner + it was Lovely!
Hi. Glad to know you. I've come across your channel and like it. I have to live on $$ each week and watching your channel is an inspiration.
Awesome! Thank you bchompoo! Glad you're part of the channel!
I am 64 years old and live on a fixed income of $896.00 per month.
Can you share how you are doing it?
I made a mistake of retiring early and only getting $881 a month.
My house and my car are paid off and my kids are still living with me so they help pay house expenses.
But they will move out one day and I will not be able to pay all the house expenses by myself with the tiny amount of $881.
I sincerely regret retiring at 63😢😢
You can't do that when you have no savings bc the government will reduce your retirement amount to %30 less😢 for life.
I get Meals on Wheels we get the same amount of money see if you have it in your area they're not bad check Google I guess
I have a relative who lives on $900.00 month SS check. It’s unfortunate they decided to take SS at 62 instead of waiting until 66. It cost him $400.00 a month for doing that. He regrets that decision. His quality of life took a drastic turn. He’ll be forced to work part time very soon. Prayers for him and others. 🙏 Janie
@@Peace-nm6bxsounds like you didn’t work enough hours to add into your SS benefits.
Suze Orman is addressing people who want to maintain a middle-class lifestyle.
It's not blanket advice. Suze said to take stock of where and how you expect to retire and work out your expected annual expenses. Multiply by the number of years tables suggest you might live in retirement. It averages 25 years. So, if your annual expenses are $25,000, you need $625,000. Now account for inflation, compounded over 25 years. You need another wad of cash.
You need your money to be in funds that at least match inflation or your actual purchasing power drops every year.
Boy, owning your own home and utilities (solar) makes such a big difference as you grow older. Waiting on my retirement (2 years), and once that kicks in, with a couple small side hussles, life actually IMPROVES if you're prudent. Also, living internationally in many places gives you a great alternative to expensive Medicare/Medicaid (premiums, deductibles, etc.) and access to better/cheaper (cash) care.
Thanks for your comment futurekron! Yes, hopefully living overseas will be more affordable.
Please for older ,poor people ,if the y drink or smoke....STOP...your money goes there...!!!
I see it happening to so many seniors where I live. I have never smoked and hardly ever drank in my life. Thanks for watching!
@@eldergalfor some people, smoking and alcohol are the only pleasures they have. Stop being so harsh!!!
Can’t relate to this as not American. Yes, there really ARE people fr m other countries who watch these videos.
@@margkropf5541 That's a shame because I have lots of subscribers from all around the world who enjoy the channel.
@@margkropf5541 Broaden your horizons when it comes to learning. I know in USA they start you young to be patriot and NOT learn anything about any country other than your own. I do not even know where this lady lives but I am sure it is applicable to you and me. She does not sound British French or Italian etc so I am thinking North America..We are not that different we both have corrupt gov officials lol
I live on social security but it’s more then $1400 rent is $900 plus utilities so you can live on it everyone isn’t on assistance I don’t qualify.but I manage and I very careful and track every dime...
Thank you for being so honest.
Thanks so much for watching, Tracy!
I would be living similarly to you if I did not have a part time job. I am past the age where it docks my SS. I also support (for now) my grown son who eats a lot! I have never really had any money so I have always been scrambling to make it work so therefore I am pretty good at it. Many seniors were pretty good until the pandemic and then afterwards when rent went way up it really went wayward for them. Am in a senior FB group where there is a lot of suffering - barely making it, homeless, living in their car, living with hateful relatives or roommates, etc. It is heartbreaking.
Thanks for sharing this, Vicki! I agree that the pandemic had an overall negative impact on people financially. It is disheartening. Appreciate you watching!
Thanks for sharing your specifics. I think it’s great that more people are opening up about how they are getting by each month. We are all experiencing challenging times. Appreciate you letting us know the pros and cons of your own situation.
Appreciate you watching, Nancy! We are definitely in challenging times. Take care!
People can start to invest at almost 50 or in their 50’s. That is later than others but it is definitely not too late. I agree with Dave Ramsey you can do a lot in 10-15 years. It would also depend on your income and maybe working a side or second income.
Many of us have been kicked off medicaid the last few years. Bingo on the insurance coast for getting any extra income.
If you have a savings for emergency you are zapped for for drawing it out. Please continue this message about this crazy system. Keep your medicaid.
Thanks, Susan! Unfortunately, too late for that. Appreciate you watching!
Trapped is the best description of living with government assistance. But like you, I am grateful beyond measure for what I have 🙏🏼
I agree totally! Thanks for watching!
These are excellent suggestions. I would love to and have considered relocating, but I don't drive. New York is very non-driver friendly. Especially Harlem, it's a community inside of a community, and I can get from point A to B on one carefare. One thing I cut out that saved me a ton of time and money was ditching the hair dye. During the C19 lockdown, I was unable to get to my stylist and my hair and scalp detoxed like a junkie jonesing for a fix. Excessive itching, irritation, soreness, flaking, and extreme thirst. After 3 months in washing it myself, I noticed the most beautiful, unique grey/silver streaks and highlights that only Mother Nature could've produced. We'd be surprised at what we can live/do without until we're forced to make do without it. Btw, your hair is beautiful.🙂👍🏾💙
Thanks for sharing this, Carla! I also do without a car in a more rural town, and frankly, hope I can do without a car permanently. Appreciate you watching!
You are an angel. I wish I had seen you before I retired. What you say in this video is very, very true. We're older, are brains and body's still function fine, but if we work we are penalized. Good luck to you! Please keep up the great advise!
Thanks so much for your comment, Sherry! So glad you found my channel.
Very well said and good video .As for me I am retiring next month and it does make you think how to budget your income. I will get a pension and its the benefits health care starts to end when retired . Trying to look for a plan but it will never be the way it was when doing my govt job. I do believe in living with your means you don't need to have a million to make retirement work as you said. . Its all smart planning of the income you do have to make it work.
Thanks for sharing this, and I wish you well on your upcoming retirement! Appreciate you watching!
Thanks for your honesty.
Appreciate that, parler! Thanks for watching!
I don't live in the US and I used to be worried I would never have enough to retire but now at 72 I am just fine! My townhouse and car are paid for! And I don't have even close to $500,000.🇨🇦
That's great Ria! Thanks for sharing this!
Yes. I forgot how expensive home ownership can be since I have been a renter for a long timem
Working my way through your back-catalogue, I landed here tonight. Great tips. I enjoy your channel! You really are a natural with all of this! It's nice to see your channel doing so well!
Thanks so much for watching more of my videos and for your kind words, bricoleuse!
The problem with government assistance and trying to make a little extra money, it’s when you make just a little bit too much to take away something that is like four times what you’re making and you could never get ahead with them, but I would take it in a heartbeat
You are right they really don't help you get ahead. I'm glad you are doing as good as you are.😊
Thanks so much Bev!
Thank you for this video. It’s good to know what assistance is available.
Thanks for watching, and I'm glad it was helpful!
Very interesting. Thank you for your candor.
Thanks so much for watching, Christine!
I live on less than that but I do not have to pay rent as I own my own home. I am 73 and my budget is: water 10, lpg 10, electricity 10, ha fees 75, car budget for repairs, insurance etc. 200, petrol 50, food and all cleaning, beauty products etc. 211, telephone and internet 74.
No TV,. My income is $1205 so I can save for house maintenance etc.