Gas prices continue to increase. Heating costs continue to go up. Electricity is getting more expensive. Medical care costs continue to rise. All of these items continue to be needed by the average family. Yet, if you are a senior, you are probably on a fixed income like most of us.

I’m a senior – I’m 69 years old. I’ve been retired for about five years. I’m on Social Security and receive a pension. My wife, who is also 69, still works to supplement our income.

I’ve worked hard all of my life and earned sufficient income to live a comfortable life. Now, I’m seeing financial problems; I thought I was OK for retirement and could continue to live the lifestyle that I was used to. Guess again.

Let me share some personal situations. I’ve had two surgeries in the past two years – Total cost $150,000. Although I am covered by my Medicare and Supplemental Insurance, I still have to pay approximately $9000 per year for Medical Insurance and this does not include deductibles and co-pays. Recently, I had dental problems; a new partial for five teeth – total cost $6500. I do not have dental insurance.

I heat my house with oil; oil prices have continued to increase along with gas prices. I’m just about to the point where I’m living from paycheck to paycheck. I was doing that when I was young and just starting to work. This is not right. I asked the question “How can I help myself to improve my financial situation?

There is help out there for seniors; I finally decided to start doing some research. Following are a couple of tips I found that helped me save some money:

1) Although I don’t have dental insurance, I found a dental discount plan; I purchased it for myself and my wife for an annual cost of $179.95. I saved $1970 on my dental costs.

2) Another tip – I wanted to rent a car for a week for vacation. I looked at several car rental sites. I found that if you wait until a day before you need the car, you can rent one for about half the cost.

Every year our Government gives away hundreds of millions of dollars in cash, goods, and services to seniors. I’ve been able to access many money saving tips for seniors and I’ve already been successful in improving my financial situation.

Credit line will appear on the card of the customer and will be respected by all company employees, because they do not exceed this limit without the permission of the management of financial or Credit Manager.

Department should monitor the risk of credit available to all customers and ensure that risk is a given time limit. To understand the risks we should be less than the available credit limit provided to the customer, the risk is discussed. Hedged risk is obtained by considering not only for the payment of outstanding bills, but also add the order book, orders are billed but not yet served the purpose of remaining maturity and the documents included in the collection to the bank, but pending the results of the recovery.

This is also suitable for inclusion in the risk cover outstanding checks or notes, and because the agreement does not fall into the error of some companies who see the provision of inspection and a letter with a note as a cash equivalent without using the backup account customers. This practice can cause problems not totally adequate in the case of receivables that have not been paid as of the instruments which are dangerous to limit the risk that real customers have paid. In case the supplier has enough information available about the risk of its customers, will occur in the impossible situation in which there is a bankrupt debtor with the unpaid balance exceeds the credit limit provided.

Does not expire or be extended, as with most term life insurance in which individuals invest. Growth has to be considered by investors that stipulated in the life insurance policy when it comes to the full cash value of the policy. There are two types of life insurance companies policy, you can purchase the full. Can be considered as people who think about the possibility to get the full life insurance policy, but that is important to note that the determination will be based on personal preference and no other medical reasons or by the company. This means that what is best for people who are not necessarily the best people. First of all life insurance policy is not involved or not involved. Participatory policy is the second type of policy. The difference between them is that not participating policies cannot be changed or modified once issued. When coming to choose participate in the insurance policy should select a senior life insurance companies. In groups of non-participants would be different if the policy holder is short, but will still be a difference if the policyholder is high. When a form of insurance, the person is decide on the type of insurance policy fully. Personal preferences and individual preferences about the policies related to determining what is best for the long term.

The value of liquidity associated with the investment of insurance includes the possibility of redemption in advance, in addition to loans or advances account. In fact, of the money before maturity from six months to three months may be reduced on some occasions, though with changes in securities and in return, ie, the word “guaranteed” in the capital, which refers to the preservation, by contract, the initial capital is often limited to the withdrawal after the deadline, rather than early retirement.

The characteristic of the insurance savings and investment by allowing a party to make extraordinary contributions to fatten up the investment and benefit the end, and also withdraw money before maturity: in general, from six months in insurance for one year.