EUGENE, Ore. — One of the top “sports” for Eugene area “Baby Boomers” it is to save money.
Local Eugene area seniors save money by “using common sense,” “lots of coupons,” and some “great money savings tips from AARP,” states Eugene area senior Thomas who just started collecting his social security after working in nearby Junction City for more than 40 years.
“I know guys who will drive across Eugene to save five cents on a gallon of gas. Others will only shop at such and such because the produce is less expensive than a store that’s closer by, hence, wasting gas to get to the store that’s farther away but has prices they like. Maybe it’s a game, but those Boomers such as myself like to save money,” adds Thomas.
Money saving tips from AARP focuses on helping others first as good business
It’s no secret that the great majority of people who live nearby at the central Oregon coast in Florence and other coastal retirement communities are “Baby Boomers” and older; in turn, these older Americans have either a background or experience in business, and thus they will “tell you ways and means to save a buck” during this time of recession.
Recent studies by AARP state that using cash saves shoppers more than 50 percent, and is much better than credit or buying online because “parting with cash hurts more.”
Also, the July and August 2011 “AARP bulletin” features both “99 Great Ways to Save” from last summer, along with 99 more saving tips for a total of 198 unique ways to save money. The tips are available at aarp.org/savemoney, with the best money saving tips listed in this story with the thanks to a review of the tips by local “Baby Boomers.”
At the same time, local coastal businesses are finding that spending lots of money to push products on social media is “not creating sales as hyped.” Hazel, a local businesswoman states that “a website can’t drive a tourism business” because “most websites are glorified fact sheets hype junk that customers don’t believe. Real business is still done the old fashioned way, with good customer service and that means ‘serving’ the customer in person with the best deal possible.”
Paying it forward by sharing food and money with others
Also, the idea to “pay it forward” and help others is a great way to save money as witnessed during the recent “Oregon Country Fair” where Fair goers shared food with others while taking a break from the busy event that took place outside of Eugene, July 8-10.
For instance, a “green haired” Oregon Country Fair volunteer named Julie directed visitors to groups of people who brought “extra food to share with strangers at the Fair.”
“Visitors save money on food because there’s good people here who will share with them,” quipped Julie during the recent Fair where she stood by an exit and directed visitors to the free food.
“We even had several long-time Fair goers who offered visitors money for fuel if they were running low. The idea is if you pay it forward, that money and good things will come back to you,” added Julie with a big grin.
Boomers and seniors remember how bad a Depression, or the 1970’s recession can be
Ken, who’s remembers both the Great Depression (“when I was a kid) and the Great Recession of the 1970’s (“when I had my hardware business”) and thinks that “AARP’s money saving tips are great and can save anyone lots of money.”
For instance, AARP’s survey of car buyers notes that “it’s best to buy a car at the end of the month when there’s a scramble to meet sales quotas. Salespeople often earn bonuses then, and may share the wealth with you to close a deal.”
As for saving money on fuel to run that new car, Ken says “don’t hold your breath because gas went down a bit last month but it’s back near $4 per gallon right now.”
“What we saw as a major cause of the 1970s oil crisis was the fact that oil prices were quadrupled by OPEC. This, along with the increased government spending which came with the Vietnam War, led to severe stagflation in the United States. This ‘oil shock.’ along with the accompanying stock market crash, were considered by many to be the first events to have a persistent affect on the United States,” stated recession.com, while Ken noted that “a gallon of gas was nearly a buck back during the early 1970’s.
Saving money on just about “anything and everything” is the goal, say some seniors
In turn, local Boomers and seniors are hunkering down. “I heard that a garden hose caused a fight at a garage sale in town on Saturday because a number of buyers wanted it for $2 and they fought over who’s going to get it.”
Ken also likes the AARP idea of paying yourself. “Put an open jar in a conspicuous place in your home. When you do something you might have paid for – ironing, cooking, fixing a good latte – feed the jar with the amount you’d have spent. Do the same if you resist the impulse to buy something.”
Moreover, Ken advocates that “you buy nothing because you don’t really need anything. Think about it,” he says with a laugh.
Also, everyone is going to die sometime so AARP suggests to “go out green” with biodegradable coffins and other eco-friendly burial measures that “can cost half to two-thirds less than traditional burials. Get information and provider listings at greenburialcouncil.org.”
Go for the coupons but don’t use a coupon if you don’t need it
“On average, coupon users save $8 per supermarket visit from 13 minutes of clipping, or more than $400 a year, according to the coupon industry,” states one AARP money saving tip.
While another tip is to “ask local pet shops and animal shelters about low-cost vaccine and spray/neutering clinics.”
Moreover, Ken says “I’m not a hippie, but I’m growing my hair long now to save on haircuts.”