Skip to main content

How To Save Money By Using Senior Discounts

Aren't these old world fellows adorable? I'll bet they know the value of a dollar and then some!

But for the rest of us.....there are a lot of ways that seniors can save money.

As in most things in life, it's all about what you know or finding out about what you don't know!

You can have more of your hard earned cash left over at the end of the week if you try some of these great ideas for discounts and money saving ideas!

Let's take a look at some common ways for seniors to save money.

There are many senior discounts out there and knowing what they are is key. Also not being afraid to use them is an important thing to consider.

Many older Americans worry about using these discounts because they don't want to appear "cheap". I figure as hard as folks work and if you've worked over many, many years, it's a little gift back to get discounts. I would be proud to use them!

Let's look at some great senior discounts.


  • Ticket to ride. Check out senior discounts for airline, train, bus, boat and other fares. However, always check the price on-line as well because they may have a cheaper fare there. Then ask in the bricks and mortar world if they will match their best online fare.
  • Room at the inn. Check out hotels for senior discounts. If you apply for an AARP card, you will automatically get a discount on accommodations.....simply by presenting your card. Again, always check on-line for their best rate, and then ask them to match it if it's better than an AARP rate. Keep in mind that when it comes to travel, some of the very best deals are found on-line, but most savvy companies will match those deals.

public domain photo

public domain photo

  • Credit 101. As Ramit Sethi says in his book I WIll Teach You To Be Rich , you never get what you don't ask for! Call your credit card companies and explain that you're a senior and you want (not asking here) your interest rate cut in half. While you're about it, tell them that you want a card with NO annual fees. You never know how much of what you'll get but it's worth the effort. You may get it all, you may get half of what you want, but it's worth the money to try!
  • Turn up the heat. Or more accurately, turn it down by adding insulation, weather stripping, and making sure you've cut off all drafts in winter. Call your power company and ask for senior discounts on all the above. Also ask them to come out and do an energy assessment of your home. These are almost always free, especially for seniors. There are also grants available locally in many areas that seniors can qualify for to get home improvements that will save you money! Look into getting space heaters or infrared heaters to keep spaces warm and reduce the thermostat. Turn it down 10 degrees or so if you're not at home, set temperatures to raise and lower automatically depending on the time of day. Turn it down at night at least 5-10 degrees.
  • Up the ante. Crank up the deductibles on your insurance and save money monthly. By raising your deductibles, your monthly payments go down. if you're over 50 years of age, AARP insurance recommendations might be worth looking into for car insurance, home insurance, etc. Did you know you can save as much as 25% by having a higher deductible on some insurance policies? Also check into multiple policies with the same company. Most often, you'll get a lower rate if you combine your auto and home insurance with the same agent.
  • How much is your life worth? Make sure that you are not over-insured. Millions of people pay too much in premiums past a certain age. It's important to know how much you or your spouse would need to make ends meet should one of you die. But why throw money away by having more than you need? That's money you can enjoy in the here and now! Reevaluate your policies or talk to a financial advisor at AARP and get some free advice on how much coverage you need and get rid of the rest.
  • Watt's it all about? Those crazy compact fluorescent bulbs can really save you money. I've seen estimates from 25% to 50% savings on your light bill. It's worth checking out. Home Depot offers 6-packs for what most stores charge for 2 bulbs. Costco also offers incredible discounts when they have one of their instant rebates going on fluorescent bulbs. You can get bulbs that work on dimmers or regular bulbs. It definitely is worth looking into and replacing your incandescent bulbs. (When you're through replacing your bulbs, donate them to the Salvation Army or a neighbor who hasn't made the conversion yet....don't just throw them away)
  • Freebies or at least cheapies. Many restaurants and many stores from department stores to grocery stores offer special discounts for seniors. Always ask! It might be that you have to shop on a certain day but that's not such a bad deal. Save wherever you can and always, always ask if they have a senior discount. Since my husband is 64, I ask if they have discounts wherever we go. Even if it's a dollar here and a dollar there, it adds up!
  • Pay it again, Sam. Refinancing your home is not always the best idea for everyone. But you'll never know unless you ask! Call several lenders or even call one of AARP's free financial advisors and do some homework. Would a refinance save you money and give you more monthly play money? It never hurts to ask! Also check on-line for the best rates and then challenge any bricks-and-mortar institution to match the rates you find. If they're financially savvy, they will.
  • Medication madness. In the US today, it's staggering how many medicines the average person takes per day. The costs seem to be increasing rather than the opposite. How to beat the high cost of medicating ourselves? First and foremost, check with your medical provider and/or your pharmacist. Check with a professional to see if you are taking one medication to counteract what another medication does! See if you are on medications that interact with others or if there are medications that can be eliminated or replaced on your list. Always ask for generic. Is there a better place you can purchase your meds like mail-in or the $4 prescription meds offered by many stores such as Walmart? Here's another idea....usually your meds will cost the same whether you have 5 mg or 10 mg or pretty close. Buy a pill splitter for a buck or two and get the higher dose of 10 mg.....then split the meds in half. You get twice the prescription for the same money! You can also save big bucks on the Internet buying diabetic supplies.
Scroll to Continue
  • Seek and ye shall find. Being a senior is no different really than being a middle-aged person in the fact that we all want to save the most money we can on everything. Or at least most of us do! The difference between a senior and a middle-aged person, however, is usually that they have a "bit" more time at their disposal. Use that time wisely and to your advantage. Call about everything from your cable bill to your utility bills to your Internet coverage. Make sure you ask specifically for a discount because you're a senior...or ask for a discount if you have automatic withdrawal or your pay for 6 months at a time. Bargain away fees! Try and find the best deals, and if someone won't match what you found elsewhere, switch! That's just smart business sense. Ask for things you want and be forceful about that. It's amazing what a little assertiveness can do. Once you get the hang of it, I'll wager you'll never stop.
  • Your little deuce coupe. No matter what you drive, keep it well maintained. You'll save money in the end and spend less on gas and repairs. Again, ask for senior discounts if you need repair work done. Keep your tires inflated to the proper pressure because it will eat up more gas if they're not at the correct pressure. Make sure you do things like change the air filter regularly to increase gas mileage. Check your manual to see if you can get away with non-premium gasoline and turn off your AC if you can from time to time. These are all ways to save money on gasoline. And don't forget to plan your trips to avoid wasting gas (and time) for 1-item shopping.
  • Maintenance yourself. This is perhaps the best thing you can do to save money in the long run and although not a discount, it's vital! Take care of your health, do the right things, exercise and eat the right things. Don't scrimp on good food and don't go without checkups. The secret to a happy life once you're a senior is being able to do the things you didn't have time to do before but to do those things, you need to be healthy. You also need to be financially secure!

How Do You Feel About Senior Discounts?

For each question, choose the best answer for you.

  1. I love senior discounts and I look for them every chance I get!
    • You bet!
    • I'm too busy
    • I just forget
  2. Senior Discounts....What are those?
    • Who knew? This is news to me!
    • Big deal....I think they're probably a gimmick or a rip-off.
    • Where do I sign up? I want senior discounts!
  3. Frankly, I hate being old and I'm not asking for discounts!
    • Asking for discounts is embarrassing!
    • I don't want anyone to know how old I am!!
    • People who think like this are vain....besides it's about saving money!


Use the scoring guide below to add up your total points based on your answers.

  1. I love senior discounts and I look for them every chance I get!
    • You bet!: +5 points
    • I'm too busy: +0 points
    • I just forget: +0 points
  2. Senior Discounts....What are those?
    • Who knew? This is news to me!: +0 points
    • Big deal....I think they're probably a gimmick or a rip-off.: +0 points
    • Where do I sign up? I want senior discounts!: +5 points
  3. Frankly, I hate being old and I'm not asking for discounts!
    • Asking for discounts is embarrassing!: +0 points
    • I don't want anyone to know how old I am!!: +0 points
    • People who think like this are vain....besides it's about saving money!: +5 points

Interpreting Your Score

A score between 0 and 4 means: ?

A score between 5 and 9 means: ?

A score between 10 and 12 means: ?

A score of 13 means: ?

A score between 14 and 15 means: ?

How to Save Money by Using Senior Discounts

In short, there are many ways for seniors to get something back.  That's the way I think of it, too!

You did the time and you should get back a little something for entering your "golden years".  With the high cost of everything, it makes sense to try and save where you can and also to get discounts where you can.

Try some of these tips and see if you don't find a little hidden cash here and there.  I like to save up the money that we've saved for the month and put it back into the bank so that I can actually see in dollars what we saved! 

Life is all about making the most of what you have and money is no different. 

Good luck in finding many more ways you can get the most for your senior buck!

If you have more tips on how to save money by using senior discounts, please add to my article and leave your helpful hints!

More Reading for Seniors and Discounts

  • When "Hippy Life" Becomes "Life As A Senior Citizen"
    Here we are, almost 50 years have passed since those love-in days. If we still had love-ins, I doubt if I'd get an invite anymore. I could artfully disguise the wrinkles on my neck and forehead and around...
  • How To Get a Senior Citizen Card
    Learning how to get a senior citizen card in your local area doesnt need to be difficult. Firstly, we need to identify what we mean by senior citizen card and what it is. Many people search online for the...
  • Don't Forget My Senior Citizen Discount Hat!
    Confucius says: Old age, believe me, is a good and pleasant thing. It is true you are gently shouldered off the stage, but then you are given such a comfortable front stall as spectator. - Confucius ...
  • Towed Away and No Senior Citizens Discount
    On a hot summer day, on the dog days of August, Stan my man is getting his grandson's car out of the driveway and pushing it and I am steering the car and tying really hard not to knock down the awnings and...
  • Choosing the Best Cell Phone for Seniors
    Senior citizens may purchase cell phones to stay in touch with family and friends more easily, or their main reason for having one may be even more practical. They may just want a cell phone for peace of mind...
  • Financial Planning: Finance Tips And Tools For Senio...
    Adjusting to being a senior financially can take you by surprise if you aren't prepared for living on a fixed income. All too often, seniors find themselves trying to figure out what went wrong or what...
  • Money saving tips for seniors
    This is a work in progress. This list was developed by a group of friends in Atlanta so some of these tips are Atlanta and Georgia based. DISCLAIMER: These are based on residency in Atlanta, Georgia and...
  • 6 Frugal Living Tips for Seniors
    Getting old is not an easy thing. When you stop working, all you have is the money youve saved and set aside for retirement and beyond. To make the best use of that money, here are some frugal tips for...
  • Great Birthday and Christmas Gifts for Seniors
    Selecting the perfect gift for Christmas or a birthday can be challenging even when you know the person very well. Picking the perfect Christmas present for a senior - for your granny, grampa, or favorite auntie...
  • Travel Discounts for Seniors
    Where to find senior travel discounts -- Perhaps one of the best parts about getting older is senior travel discounts. If you don't mind telling people that you are old enough to qualify for senior discounts -- it can be a good way of saving on just


Audrey Kirchner (author) from Washington on July 24, 2011:

Merrill - that is hilarious~! Good tips though on the phone and I shall talk to my hubby about that. We've been toying with getting rid of our land line too - why not? You make it seem very doable!

Merrill Rawder on July 24, 2011:

Ripe old age is very funny. I've smelled a few ripe people.. well, never mind!

Seriously, we have to be careful with our money and the best way to save is to not spend. Getting rid of you home phone seemed like a crazy idea at first but many younger people are doing it, too, as I learned when I called the phone company to cancel my own "landline".

Why would I do such a thing? Well, I got a very cheap trackphone and use that instead. It's called a senior value phone and it's $20 to but it and and $20 for 3 months of use.

Not having a phone phone seemed weird at first but now I'm always "home" wherever I am and never miss a call. And the price is right.

Thanks and blessings!

Audrey Kirchner (author) from Washington on January 16, 2011:

Thanks, Hanna~!

Hello, hello, from London, UK on January 16, 2011:

This must be very helpful for senior citizens. It was very kind of you to put this together.

Audrey Kirchner (author) from Washington on January 15, 2011:

BJ - I'm with you on that ripening in this neck of the woods!

Thanks for stopping by as always.....I guess we could change it to rotten old age!

drbj and sherry from south Florida on January 15, 2011:

Thank you, Audrey, for your enticing list of senior discounts - one of the few benefits of aging. And I applaud you for not even once using that trite phrase, "ripe old age."

I have always wondered what does ripe old age really mean? If you reach it, are you meant to be eaten? Do you get really soft like a banana or squishy like an overripe tomato? I think I would rather become unripe. :)

Related Articles