Stop Wasting Money Start Making Money In Retirement
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- เผยแพร่เมื่อ 15 เม.ย. 2022
- Stop wasting money start making money in retirement, you could be richer than you think. Simple changes could have a large effect on your happiness in retirement.
Buying because of habit could be harming your retirement income and having debt in retirement is going to rob you of precious cashflow. We don't have time to earn our way out of retirement debt in retirement is your enemy.
It's not all doom and gloom join us in this video for a bit of fun as we talk all things money that retirees need to think about, you're richer than you think.
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I'm not sure why, but every time I watch you two, I have a smile on my face :) I think it must be your positive energy and smiles, and the way you interact with each other. You two really do make the world a brighter place ⭐ Thank you for creating this awesome channel for all of us to learn from and enjoy 😊
😊 thank you, we appreciate your support and glad you enjoy it , have a wonderful Easter weekend Cheers 🍷🐣🐰🙂🌻
Here, here.
Norm and Tina ~The best of kind! :)
awesome
@@theneverendingjourneyoflif1482 Thank you
In addition, I suggest staying out of the discount stores such as Marshall's and Home Goods. Some people use these stores as entertainment and buy junk to fill their home.
Good point Ann spending on a “bargain “ as it’s reduced just fills up the home with more needless stuff! Enjoy your Easter weekend Cheers 🍷🐣🐰🍺
I recall seeing a commercial on TV about an exercise machine and was watching this with my brother-in-law. The narrator said, "stores away quickly and easily." My brother-in-law immediately interjected: "FOREVER!"
As we approached 60 we began paying off cars, mortgages, never had credit card debt, and now we are able to live comfortably. Thank you for great advice and food for thought
Wonderful! glad you enjoyed our videos and find them helpful Cheers 🍷😎🌺
A book for 10 dollars lasts for weeks. Portable, entertaining, cheap. Eating at home is actually a time saver too.
There are lots of community book shelves in various places we visit where you can take a book. Eating home can also be healthier.
Join a local library as they now provide ebooks to download too
We charge everything on our credit card, including bills and get 2.62% cash back on every purchase since we have our IRA at the same bank. We pay it off every month and never pay interest.
It is a great plan Jeff if you are disciplined as you seem to be, it’s another tool to generate income, we do the same but with a loyalty points credit card with Canadas largest supermarket chain and get free groceries and discounted gasoline from the points on the card. Thanks so much for sharing your great idea.
That’s true , you know what , ever since the pandemic we stop eating in the restaurant, it save us significant amount of money.
Yes we haven’t been eating out either , saving lots of money 💰 Cheers 🌺🙂🍺
we venture outside of our hometown (Bay Area San Francisco) area on Sundays and I call it our $100 splurge day and that only covers gas, tolls, lunch and if there’s money left over maybe a book - costs are rising!
Sounds like a great idea thanks for sharing Cheers 🍷🌺🙂
We also pack a lunch if we are driving places. Including drinks. So much cheaper and healthier.
Sounds great! we do that too Sheryl have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Have a great weekend! Scrabble and music! Nothing better than walking in the fresh air. Totally agree, spening less than you earn is the key! 💰
Great advice Joyce have a wonderful Easter weekend Cheers 🍷🐣🐰🍺
@@ThisIsOurRetirement Happy Easter!🐣🐰
I tell my friends who are thinking of retirement that they will be amazed at how much money they save not working. A big part of that is that they will have the time to shop for fresh groceries and cook at home. I agree that home cooking is much better tasting and more economical than anything you can get in most restaurants. You have the added benefit of not having to line up and deal with crowds and of course I don’t expect tips. We much prefer the taste of coffee we make ourselves. You also don't need work clothes or have commuting expenses. Once we were both retired we even sold the second car which saved a huge amount.
It’s strange how much money 💰 you do save, and funny how hard it is for people to go from two to one car 🚗 as the savings are huge ! Have a wonderful Easter Susan Cheers 🍷🐣🐰🍺
I agree and can be as frugal as the best of them but the occasional ‘latte’ or ‘avocado toast’ or whatever is OK I think…same with an occasional meal out. We all deserve a treat now and again. This way they are more special as they’re not a daily thing. A meal out may just mean scrimping on something else. One thing to add is to take advantage of all of the seniors’ discounts. They are many and can support the occasional indulgence.
We so agree ( Norm makes an amazing avocado 🥑 toast ) we have take out one a month which is a treat and supports restaurants during Covid . Seniors discounts are amazing 🤩 to take advantage of have a wonderful weekend Cheers 🍷🐣🙂🍺
Another reason not to spend the money on a gym membership is that now health insurance will often INCLUDE the membership for free here in the US. So your viewers should contact their insurance company to find out if theirs does.
Thanks for sharing that information Pete have a great week Cheers 🍷🌻🙂
Best advise my financial planner gave me was figure out my post retirement budget and estimated income, and live on that at least a year before I am actually not working anymore. I’ve been doing this 8 months and find that I am comfortable living on about 73% of my net, which is where I will be with my retirement income. Biggest positive is I’m saving the extra. 7 months left of working.
Great idea Janet we have also suggested that on some of our videos to give a trial run have a wonderful weekend Cheers 🌺🍷🙂
Oddly enough we spent a lot on the first two years as we were going on expensive trips it was exciting, we’ve calmed down a bit 6 years later and spend a lot less now.
Love the videos. We are Canadians, approaching retirement in the next 5 years and we really enjoy your talks. My Father who emigrated to Canada in 1960, always told me, "don't worry about the large purchases, you will think about those many times before you spend the money and make sure you need them. It's the little costs, $10 here and $20 there that will hurt your budget." Wise words. Thank you again.
That sounds like great advice your Father gave , we are glad you enjoy our videos and find them helpful have a wonderful week Cheers 🐣🌻🐰
@@genxx2724 Great advice Cheers 🌺🙂🍺
Your dad was a smart man
I used to love meeting friends for lunch but the rise in prices during the pandemic has been (to use Norm’s favourite word) shocking! And you are so right about many restaurant meals being quite mediocre. I really looked forward to eating in restaurants again only to be disappointed when I did ☹️ Meeting friends in the park for tea and a chat has become the new lunch date, in the good weather months anyway.
We agree Sheila it is disappointing to see the quality has gone down even the takeout too , hope you have a great week Cheers 🍷🌻🙂
Cribbage is a good board game that can help keep you active mentally!!! I play the computer almost daily !!! As for happy hr I have it at home with a pint of beer that I make at home. .50 cents a pint. CHEERS P.S There are lots of keep fit things you can do at or around home without any equipment except shoes and maybe une bicyclette
Great ideas Darryl thanks for sharing, especially playing Cribbage against your computer ! have a great Easter weekend Cheers 🍷🐣🐰🍺
I like my rowing machine. While listening to a documentary on Portugal… or to this podcast!
Thank you! as a self confessed foodie and extrovert,, I suggest a supper club in someone's home where you take turns or do pot lucks or a cook book club, or cocktails club,,,keep on keeping on! Cheers
Great idea Maryjoan , we actually used to do that with 3 other couples when we had our house . Covid has kind of stopped all that but hopefully will get back to it so much fun Happy Easter 🍷🐣🐰🌻
"This is not a coffee. This is a dessert" . Referring to the pricier, sugary, fattier coffee-containing beverages from the famous shops. Either buy a plain coffee at a shop, or like you said, make at home. Love dark roast coffee beans at home, using a French press and a grinder.
So true Terry guess yes they are more like a dessert with lots of calories Cheers and Happy Easter 🍷🐣🐰☕️
I love your videos! I have been watching them for a few years. I always learn something new. I am a single woman, in my late 50s. I have lived on a moderate income for years and always found frugal and creative ways to enjoy life. One strategy for eating out frugally, is ordering a salad and sandwich with my girlfriends and sharing it. Picnics, libraries, walking, kayaking, biking, accessing the local libraries, cheap local theatre, as well as entertaining and exercising at home are all simple cost effective ways of living. I got rid of my cable and landline 12 years ago. I have Netflix and a Roku stick. I am from Canada. I have Chatr cell service which is $45 (tax incl.) a month. I refill my water bottle at home. Thanks for your wonderful advice. I will be selling my home for my retirement fund as well. Happy summer!
Glad you enjoy watching our videos Valerie hope you have a wonderful weekend Cheers ☕️🌺🙂
Thank you for an entertaining reminder to watch expenses: spend less and have more! I am always amazed at how easy it is to buy things, but how hard it can be to make good use of them.
That should be a bumper sticker John 😂😂 Thanks so much for watching our video, have a nice Sunday.
We get together with three other couples for dinner every month taking turns in our home's. We each bring a course for dinner along with a bottle of wine.
In the summer it's mostly BBQs or outdoor pizza ovens , in the colder months a roast chicken, beef,or our friends famous lasagna! None of these dinners cost more than $50.00 each couple and it's an entire evening of dinner, wine and lots of fun! We all say how much we missed our dinner's during covid and how grateful we are to start gathering again!!!
Sounds wonderful Shari , we also used to do it with 3 other couples, everything was missed over the last two years hopefully things will restart soon have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
With regard to restaurants... Many years ago, long before retirement, we stopped going to medium priced restaurants. In general we find the food is mediocre, totally forgettable, and still pretty pricey. At cheap restaurants the food usually isn't that great but you're not paying that much either (and sometimes that greasy spoon place down the road has the best breakfast going). At a really nice places the meal is expensive but excellent. I find with medium to medium-high priced restaurants you get the worst of both, fairly expensive and not that great.
When we go out for a meal (admittedly not all that often) we spend the money and make sure it's a memorable meal rather than, as you say, something we could have done better ourselves at home. Sometimes you really do get what you pay for.
Great comment thanks for sharing have a wonderful Easter weekend Cheers 🍷🐣🐰🍺
Since cooking at home, we’ve had healthier meals. Benefits has been better health, cut out a couple of prescriptions and loss much needed weight for both of us! I often remark, “this meal cost $ and this meal out would have been $$ or more. With rising cost of everything we are on buying only must needed items. Awesome we want less as we age.
Lyn it really is great what you are doing and yes we don’t buy stuff anymore just what we need, life is good! Have a great Easter weekend.
Spot on again! It's a good thing that restaurant chains have debrillators because the last time I went into a Starbucks I had to be revived after I ordered. I'm wary of sounding "old" but young people spend an inordinate amount on coffees and cocktails (at $13 and up). I worry that they will never get ahead. And you are so right about meal kits and I'd add to that all the prepared foods at the supermarket. If our grandmothers went into the grocery store today they would ask "doesn't anyone know how to cook any more?" I saw a documentary that also pointed out that the rate of obesity in North America has gone up in step with the rate of ready-made meals. There really is no excuse. Cook at home and enjoy the social aspect of that as well, as you mentioned. We like to save our money so we can have nice holidays. Thanks for the post and have a great weekend.
So true it is very scary the rate of obesity growing not only in adults but starting with young children and eating processed ready made meals accounts for a lot of it .Going for fancy coffee ☕️ at Starbucks three times a day can cost $20 😱Although we save on things we do like to spend and enjoy our travel which is nice . Thanks for watching have a great Easter weekend Cheers 🍷🐣🐰🌻
Always remember to help non -beggars help themselves. We take nothing with us, when we die. Be a reponsible giver, and not a taker, especting nothing in return. You are so correct on the budget.
Thanks for sharing have a lovely week 🌻🙂
Friends and I can still go out for lunch … never for the twice-the-price supper … AND we never buy a drink of any kind nor a dessert. No tea. No coffee. No wine, juice or milk. That way I always have enough for a good 20% tip -- because our bill is so much lower at least by 1/3
Eating out at Lunch is a great option as it’s always cheaper have a great Easter weekend Cheers 🐰🌻🐣
We go to a free gym at a senior citizen center that's free too. It has state of the art weight resistant machines using air pressure rather than weight disks. Also trained center attendants, is owned by our health insurance Co. but any older adult can attend. Other classes , card games, puzzles, movies, and invited speakers are there too.
Thanks for sharing sounds like a lot of fun Happy New Year Cheers 🥳🥂🌺
This is great advice. Budgets are the saving grace. I once demonstrated to a colleage how much her Tim Horton's habit was costing her a year, and she was shocked. Between her and her husband, they were spending $3000 a year. I said, how cool would it be to have that amount to go to Mexico, or better yet, pay down your mortgage? Just bring your own tea from home (yes, it wasn't even coffee!!) and save yourself. Tim Hortons won't go broke just because your 3K is no longer in their pocket.
Awesome advice you gave your colleague we hope she bought you a coffee 😂😂
My husband and I go to restaurants now and then since we are now retired , but we do happy hours now. Its a faction of the cost and still have a treat out .
Yes happy hours are tailor made for retirees, have a wonderful day.
I hate going to Starbucks, or other coffee shops. They are often loud, busy and stressful.
If you like robust coffee, I recommend Bustelo especially in the morning when I need a strong cup.
Thanks for the coffee ☕️ recommendation Cheers 🍷🌺🙂
My husband retired three years ago. We have gym equipment that he uses regularly as he has always been health conscious and keeps his muscles well defined. He has talked about entering a competition. He pays a membership at a gym and likes going once a week to get out if the house and visit with others. He is a good representation of keeping fit at any age and his younger audience is amazed at his fitness. He often outdoes younger people. It’s an ego trip for him but it is also a witness for aging well. He gets a seniors discount. I worry that he might injure himself but he knows what he’s doing and as we age we loose muscle so it’s good to keep tone and fit.
Thanks for your comment sounds like hubby is keeping very fit hope you have a wonderful weekend Cheers 🍷🐣🐰🌻
I retired a year ago and hubby just retired. We love watching you and feel inspired that we have this retirement thing set up right. In 20 years marriage, we’ve rarely eaten In restaurants, stopped expensive coffee (hubby makes the BEST), expensive clothes and purses jewelry, and drive cars until they drop. I work out daily to moderate workouts on with Pahla Bowers or Jules at Improved Fitness, etc. have been doing it for years. Light cardio, light to moderate weights, stretching- all in one workout. Can’t recommend them more highly. Keep up the great work. ❤️
Sounds like you are having a great retirement Barbie, we are glad you enjoy our videos have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Richness doesn't have to be about money. Today is Easter Sunday and several members of my family are coming over for dinner. It can be precious moments with loved ones that can make us truly rich.
Totally agree Ross
@@ThisIsOurRetirement I knew you'd agree. As your videos have repeatedly addressed, a successful retirement is all about maximising quality of life. Many of the things we can do to maximise that quality have little to do with money.♥
I'm doing most of these tips and couldn't be more content with my life. Thanks for re-enforcing my belief, Teen and Norm.
You're so welcome! have a wonderful Easter weekend Cheers 🍷🐰🐣🌻
If you're getting more than 4 glasses of wine out of a bottle, you need bigger glasses 😉. Great tips guys.
Or maybe a bigger bottle 🍷🤔have a great Easter weekend Matt Cheers 🍷🐣🐰🍺
My thoughts exactly. While I am not a fan of gambling, one of my old neighbors had a good parenting idea. When our state first legalized gambling, in order to teach her children the reality of the game, she would have them pick numbers at home on a piece of paper. Then, when the winning numbers were released they would compare their picks to the winning numbers. Of course, they never won. They then realized how much money they would have spent for nothing. I thought this was a good teaching moment.
Sounds like a great way to teach kids about gambling Thea thanks for sharing the story have a great Easter weekend Cheers 🐣🍷🐰🌻
Agree about getting rid of the credit card but buy a bottle of wine to stay at home?
Sounds like a lonely life …..and my social life is going to end when it’s the time I’m looking forward to getting out. Now with no mortgage and a pension I plan to go out, socialise and enjoy the company of others. I don’t intend to start a business 🥂
Due to Covid Sandra we have had to make changes as bars, restaurants were are shut with us , we took up Facetime happy hours 🍷and have enjoyed hours of wonderful conversation although drinking in our own home . Happy Easter 🐣🍷🐰🌻
Another Big $$$ that people blow is on Cars. As far as I am concerned i look at a car as an essential item. A $30K new Toyota car would serve the same purpose as a $80K Tesla or BMW. In addition the value of your car becomes practically ZERO at the end of its life of 10 years based on a normal use. Besides you pay a much higher premium for insurance, maintenance etc. To top it all you spend may be a max 2-3 hours per day in the car and that extra you spend on a home or for other comforts you enjoy forever will be better spent. Just my opinion.
Totally agree with you, we bought a small hatchback 2 years old for S17K it’s been great.
I got rid of my car but hubby kept his to go to the golf club mostly! My car was costing £850 a year even not moving from the drive that’s equivalent to 80 taxi journeys in my city if it’s raining or late at night. The rest of the time I walk/cycle/catch a local bus/train. I don’t miss my car at all.
I agree 100% about cooking at home. I seem to get disillusioned when we eat
Out thinking I could prepare a better meal at home. We do go out maybe 1-2 times a month give or take.
Thanks for another wonderful video
Thanks Kim , yes we get that same feeling of disappointment since Covid the quality of the food seems to have gone down a lot , hope you had a nice Easter Cheers 🐣🌻🐰
I print out the ingredient list for easy home delivery meals and duplicate them. Usually there's a youtube video to go with the recipe too.
That's a great idea! thanks for sharing Maria we hope you have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Norm and Tina you are a power couple. You share so many great hints and strategies for easing into retirement. But most of all, you share your loyalty and friendship as a married couple. It shines beyond the advice you give. Thank you .
Thank you so much! we are glad you enjoy them Lynda have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Happy Easter weekend!
🤘🤘🤘 These tips apply to everyone, not just retirees. Rock on, Nohhm !!!
Thanks 🎸🎼have a wonderful Easter weekend Cheers 🍷🎸🐰🐣🍺
Tina and Norm, again all good points. I am now through my first quarter after Jan 1 retirement and the reality of never having to log into work again if finally sinking in. The reality of having to live on without the steady paycheques is also sinking in! Roger Waters had it right; "Grab that cash with both hands and make a stash". All the best.
Don’t worry Ted it gets better as time passes, but yes grab the cash sounds great!
When the wife and I were on the road we'd always bring a Scrabble game with us. If there was a local coffee shop in towns we'd visit we'd sit and play for an hour. Now that we're retired, we just keep the game in the car and play when we stop for coffee. Gets us out for $10 in coffee.
What an amazing idea 🤔 Alan we will have to get a smaller more portable game so we can do that when we travel as well have a wonderful Easter weekend Cheers 🍷🐣🐰🍺
I definitely cook better at home than any restaurant anywhere. I learned when I was 20, calling my mom and asking for advice even in the middle of a recipe. I'll be 70 in June and still going stronger than ever in the kitchen😀🌞❤
That’s wonderful Richard, Norm is our excellent chef 🧑🍳 he also learned a lot from his mum . Hoping you have a wonderful Easter and cooking up a storm , we are having Roast Lamb (Tinas favourite) tomorrow Cheers 🍷🇺🇸🐣🐰🍺
We live frugal and 😊...
Thanks!
You are so welcome! have a wonderful Easter weekend Gary Cheers 🍷🐣🐰🍺
We couldn’t agree more! Thanks for sharing guys!
Thanks for watching guys hope you both have a wonderful Easter weekend Cheers 🍷🐣🐰🍺
I am surprised nobody mentioned to use expense tracking Apps. There is lots of them on App Store, they produce reports with Categories that you can customize. You can also keep receipts for warranty. I use one called “Home Budget”, had tracking my saving and expense for 10 years now. So I know exactly where did our money go and how much we have saved. It really reduced stress for us.
Thanks for sharing great ideas have a wonderful weekend Cheers 🍷🙂🌺
Debt, I fully agree, you don’t want debt in retirement including mortgage or rent, you want to be able to enjoy your retirement
We totally agree no debt equals happy retirement Stevan have a wonderful Easter weekend Cheers 🍷🐣🐰🍺
Always look forward to your Saturday videos. Thanks!
Glad you like them! have a great Easter weekend Brian Cheers 🍷🌻🐣🍺
We love Scrabble and Rummy :).
We pay Scrabble in the afternoon great game 🌺
You two are awesome. Thank you again!
Our pleasure! have a great week Cheers 🍷🌺🙂
You both are helping me (and I am sure many others) in shaping my retirement plans; even though I have quite a few years to go before I retire, the crucial tips you guys are giving now are going to go long ways. I just love your no-fuss videos with your genuine smiles and Conversations. Thanks and Regards!
Our pleasure! we are glad we are helping you with your future retirement, we hope you have a wonderful Easter weekend Cheers 🍷🐣🐰🌻🍺
Hi Tina & Norm great to see you both as usual I agree with all the practical tips but there has to be a balance with any situation.
Keep up the good work take care and have a good weekend.
Regards Christopher Barker
Absolutely there does Christopher, we do take out once a month and will spend extra on things we enjoy have a wonderful Easter weekend Cheers 🍷🐣🐰🍺
Great video with great advice as usual Tina and Norm.. you are delightful and so down to earth.. Happy Easter!!
Glad you enjoyed it Liza have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Enjoyed today's video so thank you, we go for a walk most days and stop to get a normal coffee at McDonald's, just a quick note that if you ask for a senior coffee, after tax it works out at $1.50 and I believe that's age 60 and over.
Sounds great Lynn and yes we always ask for the seniors coffee ☕️ too have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Thanks for the senior coffee reminder. When we have gone through the drive through, we have never been offered a discount. But...we'll be asking now....😉
Love your shows! Good common sense!
Thanks so much Nila have a great week Cheers 🍷🌻🙂
Awesome! Thanks for sharing and have a wonderful day!
Thank you! You too!
Happy Saturday Norm and Tina! Great tips! You are such a lovely couple - you always make me smile when I listen to your channel. Cheers!
Thanks so much Anne that is lovely to hear , we are glad you enjoy our videos we hope you have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
I'm glad you mentioned the "meal kits" and how expensive and calorie-laden they turned out to be. I was wondering about that and had considered them at one time.
We think you are better Karen just buying the fresh ingredients and cooking yourself, we hope you have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
The other thing I started doing a few years ago was committing myself to getting rid of 2 things I already have if I want to buy something new; so for instance a new shirt requires donating 2 I no longer wear to a thrift shop. I do this with everything now unless something that is a standalone item breaks and simply has to be replaced. It forces me to ask myself if the item is a “want” or a “need”. The “wants” can blow the budget in no time.
That seems like a great idea , we all have too much stuff yet find it hard to throw things out . We have also started taking more and more things to charity shops it’s a start . 🌻🙂
Another great video Tina and Norm! My husband and I are happy that we’ll be going into retirement with good money habits
Wonderful! glad to hear that Darcell we hope you both have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Great advice! My hubby and I have always lived by this, so we’ll be all set for retiring! We don’t like crowds or eating out. We explore new recipes together and learn to train our brain games and fun trails to walk or bike on. Love your videos!! 😀🙏🏼🇨🇦
Every time I see a video come out I’m sure to check it out and give it a like ! Great job !
We appreciate that!
Great advice, and we have been practicing these same ideas for decades. Very reassuring to know that our thrifty ideas, have been sensible spending practices. And not just being cheap skates, lol.
You are so welcome! being thrifty Bruce means that money 💰 mounts up to use for other things too , have a great Easter weekend Cheers 🍷🐣🌻🐰🍺
Great Tee-shirt, Norm. And the topic discussion was great, too.
Thanks so much Bruce!
Love your videos!! Thanks
You are so welcome! Cheers 🌺🙂🍷
Hello Teena and Norm from New Zealand! We discovered your channel today and are really enjoying it. You such give such great advice and insights, thank you for sharing 😊
Thanks so much Joti for finding us! And for leaving a lovely comment, have a great weekend.
#1 rule is the buy only when you have the cash to cover it...BUT always use a credit card (cash back rewards) to buy everything providing it is FULLY paid off each month! Also, get FREE banking. With RBC if you have a online savings account, credit card and TFSA (etc) it's free (limited use of debit card withdraws from ATM).
Great advice Kevin buy it on the card to get rewards then pay 💰 it all off , free banking is available you just have to look for it Cheers and Happy Easter 🍷🐣🐰🍺
Happy Easter from Texas, Tina and Norm ! Look forward to your words of wisdom. Thank you so much for the "shocking truth" ! You are good people.
Thank you so much Phil glad you enjoy our videos we appreciate your support have a wonderful Easter weekend Cheers 🍷🇺🇸🐣🐰🇨🇦🍺
Yes.... I agree.
Thanks Rusty 🙂
Excellent ideas!! Wonderful about a board game!!
Thank you 🤗 we love playing Scrabble have a great Easter weekend Cheers 🍷🐣🐰🌻
Always enjoy your videos. As a single semi retired person unfortunately so many things take more of my income, from mortgage to life expenses. I make all my meals, freeze leftovers in individual portions, rarely shop for clothes (and only go to thrift stores), use my public library instead of buying books, never buy coffee at chains, have a renter in my basement suite. I have to watch every penny and do keep track of my expenses these past few months. Definitely helps! The goal is to be able to have extra money for travel!
Sounds like you are doing lots of great things Karen to save money 💰 and having a goal to be able to travel is great Happy Easter 🍷🐣🐰🌻
Good suggestions. I am frugal and have spread sheets showing exactly where I stand financially, but always have a well funded travel fund.
That's a great idea! because then you have the money for what you want to do which is travelling wonderful, have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Hi Norm and Tina- You are such a wonderful couple. I really like your positivity and pleasant demeanor. I stumbled on your youtube channel a couple of days ago and I am catching up on your previous videos. Thanks very much for sharing.
Thank you so much! and welcome to our channel Sil glad you are enjoying our videos have a wonderful weekend Cheers 🍷🌺🙂
Love your suggestions and I’m happy I’m already doing them. Request can you do more talks on your travels and how you plan for them. You referenced a travel budget separate from your day to day budget.
Yes we do have a travel budget, we set this aside as we retired. Thanks for the suggestion for a video about travel planning. Thanks for watching Joann.
Dark side of the Moon! Still have the album, as well. Thanks for your very informational channel! God Bless
Great album have a great Easter 🐣 weekend Cheers 🍷🐣🍺
Happy Easter Norm and Tina!
Happy Easter!
Great content, thank you to you both! I have been following you for a few months now and so love watching your channel grow! You bring such light in this crazy world of ours. Please keep at it, and by the way, Norm, one of my favorite people in the entire world, my dear late father, was named Norm! 🙂
Thanks so much for your kind words they do encourage us. A funny story until coming to Canada at age 38 Norm had never met another Norman and in the airport as we arrived someone shouted Norm to someone else. Since then Norm has met several other Norms in Canada. Thanks for watching and have a great Sunday 😀😀
My dad was a Norm, too!
Thank you
You're welcome Joanna have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
Great tips! I stopped buying coffee long time ago. I just make it at home and bring it to work. And I totally approve Norm's t-shirt 🤘
Happy Easter 😍 🐣
Sounds great! have a wonderful Easter weekend Honorata Cheers 🍷🎸🐣🐰🌻🎶
I scored 💯 on your suggestions. I track my expenses in an Excel spreadsheet. I'm looking forward to retirement July 2023 🙂
That’s great Kate you are well prepared for a great retirement! Have a nice Easter weekend.
Your videos are keeping my hope alive. I’m stuck in a hole at 60. Funny also how you mentioned Madeira and Iceland which are the two places I plan to visit this summer.
Best of luck! they are both lovely places Cheers 🍷🌺😎
You ticked all of the boxes, Happy Easter!
Thank you Happy Easter to you too 🍷🐣🐰🌻
Great tips Tina and Norm . Happy 🐣 Easter 😊 we also make our own Folgers coffee 😊staying home saves money and yes when you retire you find out you don’t need a lot of stuff. Have a great week.
Hi Cinde, Coffee is easy to make and we have our automatic coffee maker that brews itself in the morning, even better. The key is to save money on everyday items and maybe treat yourselves once in a while. A big no to buying stuff as well, just items we need. Happy Easter have a wonderful weekend and thanks for your comment. 😀😀🐣
Good advise👍🏻 Happy Easter🍷🥃❤️
Thanks Elly have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
I was wondering about those meal prep kits. I got a few in the mail last week and it looked interesting but I think it would get expensive. Not a good weekend for me, feeling lonely. Stay blessed guys. Cheers
We are sending good thoughts to you today and hope the sun shines today for you.
Very good money saving tips! Remember reading a statistic recently, most restaurants these days cooks from pre-prepared packages instead from scratch.
Especially the chain restaurants a lot of boil in the bag factory prepared food. Thanks for watching Ian we appreciate it.
Another great video! I have had a credit card for about 47 years( got my first cc at 18 for travel) and have never paid interest. I have never used it unless I had the money in the bank to pay for what I was buying. I also keep track of my budget on an excel spreadsheet. I allot an amount for each expense every month fixed and variable spending. Rather than feeling constrained by a budget it is actually freeing because you can see where you have money to spend, you don't have to wonder if you can afford it because you will already know. I also keep a net worth tracker in the same file. I keep track of trips I want to take as well, this is an expense I save a certain amount of income for and as I decide on trip I prepare an expense tracker to see how much will be needed. I thought of doing like you have mentioned and just have a lump sum put aside for travel but I decided to save up for trips out of my income instead. Instead of taking the grandkids out for a meal I have them over to my place and we make dinner together. From appetizers to dessert. We have a great time deciding what to make and great conversations while doing it. Something I did in the last two weeks was sell my condo and rented an apartment. I have done very well in the property market but I have decided it is time to let someone else worry about the furnace and appliances breaking down.
Congratulations Maureen on your sale! We found after a year we had noticed a lot less house induced stress, we hope you enjoy your new home. The cooking with the Grandchildren sounds awesome what beautiful time to spend with them and then share a meal. It’s great you have a plan to track your finances, it’s such great peace of mind. Thanks for sharing your ideas, have a wonderful Easter weekend.
Thanks Norm and Tina...always a pleasure - 🎵"Ticking away....the moments that make up a dull day"........with you 2!.....
WE LOVE OUR INSTANT POT for home cooking! ✨🍽💥
Our pleasure! thanks for watching Brad enjoy your instant pot Cheers 🍷😎🌺
Thanks for these tips. Happy to say, I don't waste money on any of the things you've mentioned. Plus, I do make a budget and stick to it religiously. I must say doing all of these things pay off tremendously! I know cause I have been doing them for the past 25 years
That's great! glad it is working for you John Cheers 🍷🐣🙂🍺
I love this video. Great advice. I am planning on retiring in 4 years. My wife and I are already applying the things you are mentioning in this video. When it comes to working out they have great workout videos on TH-cam.
It is amazing Edward the resources on TH-cam and the internet, if you are thinking about your future retirement, then you are well on your way to a successful retirement. Have a lovely weekend.
What a wholesome couple, love it 🥰
Glad you enjoyed it have a wonderful day Cheers 🌺🥂🙂
Man the restaurant thing is so true me and my partner were just talking about this last week, I think since covid restaurant food has been so bad, we love our air fryer aswell it’s the best purchase we ever made!
We agree Rory the Air Fryer is the best thing we have bought we love it , you can cook so much great food and costs way less in Hydro /Electricity. Happy Easter 🍷🐣🐰🌻
Nice shirt Norman. Good tips., but what I would like to hear once is : You're healthier than you thought.
What a great saying Happy Easter 🍷🐣🐰🌻
Great advice! Balance is key. Since there will be no housing payment in retirement, our plan is to enjoy our pensions eating out a few times a week and traveling 😎 Trying to take care of our physical health now in order to be able to enjoy the flexibility of retirement.
Sounds like a great plan have a great Easter weekend Cheers 🍷🐣🐰🌻
I always loved going out to restaurants for the experience and food of course. Obviously that habit collapsed during lockdown but we never got back into the habit. With "post covid" prices, even though we can afford to go out, I just cannot bring myself to regularly pay those prices. However, we now have switched to a pint at the pub, which Iove!
Yes the pandemic has brought into question a lot of habits, a pint at the pub sounds great!
Thanks Tina and Norm. I find I look forward to your videos as they are relaxed and helpful. We are doing most all of these things, even not really going out to restaurants or our favorite restaurant/bar. We used to go to our favorite hangout almost every Friday before the lockdowns and my retirement. The one thing I would say is that my husband and I are restaurant owners and I sometimes cringe when I hear everyone suggesting cutting it out completely. So, hopefully maybe just cutting down could be suggested. I am glad I found you two a few months ago. Cheers!
Thanks for finding our channel Kathi , yes with drinking out or eating out we aren’t saying never just maybe cut down to save some money .Actually over the last two years they have mostly been closed so we got takeout to support our local restaurants.
Have a wonderful Easter weekend Cheers 🍷🐣🐰🌻
@@ThisIsOurRetirement Thanks for supporting your local restaurants. That is how we are getting through this, from the local supporters.
Great conversation for all stages of life...one thing I did recently was to download all my credit card transactions for a year into a spreadsheet, then categorize it into buckets, which didn't take that long by sorting by retailer. If you use your credit card all the time it can be pretty accurate representation of where all your money disappeard to without having to micro manage receipts.
That's a great idea! thanks for sharing Christine Happy Easter 🍷🐣🌻🐰
you guys are a great couple. Love listening to your advice
Thanks so much! glad you enjoy our videos Cheers 🍷🙂🌻