MSE News: 50 over-50s MoneySaving tips - take up arms and cut your costs

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Like Kylie or Clooney, some things just get better with age. Sadly, your finances aren't always one of them...
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50 over-50s MoneySaving tips - take up arms and cut your costs

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  • Pincher
    Pincher Posts: 6,552 Forumite
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    "While older drivers can find it tough to access cheap cover"


    What? I will be paying more for being over 50?


    Doesn't seem to make any difference.
  • Biggles
    Biggles Posts: 8,209 Forumite
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    Pincher wrote: »
    "While older drivers can find it tough to access cheap cover"

    What? I will be paying more for being over 50?

    Doesn't seem to make any difference.
    Mine has been going down steadily as I've got older. My target is to get fully comp for under £100......
  • Ectophile
    Ectophile Posts: 7,377 Forumite
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    How many of those "over 50s" tips are actually applicable to those of us below retirement age?

    It was a complete waste of my time reading that article.
    If it sticks, force it.
    If it breaks, well it wasn't working right anyway.
  • Biggles
    Biggles Posts: 8,209 Forumite
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    Ectophile wrote: »
    How many of those "over 50s" tips are actually applicable to those of us below retirement age?

    It was a complete waste of my time reading that article.
    Or, for that matter, above?
  • jamesd
    jamesd Posts: 26,103 Forumite
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    Pretty much a complete waste of time for those who are over 50 but not over 60. Offers are age-dependent and randomly scattering them around an article so you have to read it all to see that nothing is relevant is particularly unhelpful.
  • Pincher
    Pincher Posts: 6,552 Forumite
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    Ectophile wrote: »
    How many of those "over 50s" tips are actually applicable to those of us below retirement age?

    It was a complete waste of my time reading that article.



    I was hoping for some kind of discount on mid-life crisis therapy.


    For example, some kind of Club Med 50-65.


    Easyjet flight to Moscow.


    Three magazines of bullets for the price of two for your Kalashnikov.


    You get to drive fast cars, drive tanks.


    Shoot shells from artillery.


    Free Viagra and condoms almost bound to be in the deal, considering the age group.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
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    Pincher wrote: »
    I was hoping for some kind of discount on mid-life crisis therapy.


    For example, some kind of Club Med 50-65.


    Easyjet flight to Moscow.


    Three magazines of bullets for the price of two for your Kalashnikov.


    You get to drive fast cars, drive tanks.


    Shoot shells from artillery.


    Free Viagra and condoms almost bound to be in the deal, considering the age group.

    These offers are meant for pensioners who do not even receive the NMW let alone a living wage. Why should all you full time, full paid workers come sniffing round here for our discounts. The sooner this board is renamed over 60s or even over 65s (soon to be over 66s) the sooner all these dissatisfied youngsters will leave us alone in peace.
    The only thing that is constant is change.
  • Biggles
    Biggles Posts: 8,209 Forumite
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    zygurat789 wrote: »
    The sooner this board is renamed over 60s or even over 65s (soon to be over 66s) the sooner all these dissatisfied youngsters will leave us alone in peace.
    Yeah, goddam kids!
  • jamesd
    jamesd Posts: 26,103 Forumite
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    zygurat789 wrote: »
    These offers are meant for pensioners who do not even receive the NMW let alone a living wage.
    They are meant for whoever qualifies. Minimum wage and living wage are not intended for retires, who typically do not have the expenses included in the living wage, like caring for children, paying for a mortgage or rent and travelling to and from work.

    Many of the offers are intended to drive business revenue at times when customer traffic is low. For such businesses the target market is not primarily those on low incomes, it's those with money to spend who can be the best customers. There's a lot of potential money to be made from the over-50 spending.
    zygurat789 wrote: »
    Why should all you full time, full paid workers come sniffing round here for our discounts.
    Maybe you missed it but for a long time 50 was the first age at which pension money could be accessed and there are people who retire earlier than that. Today there are still a lot of people with those money at 50 plans and even those one the newer ones can be pensioners at 55.
    zygurat789 wrote: »
    The sooner this board is renamed over 60s or even over 65s (soon to be over 66s) the sooner all these dissatisfied youngsters will leave us alone in peace.
    If it is typically only really having significant content for the over-60s that might well be a good idea. There does seem to be a little content applicable to those who are over 50, though, and maybe more for those who reach pension taking age of 50 or 55, depending on their specific plan.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
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    jamesd wrote: »
    They are meant for whoever qualifies. Minimum wage and living wage are not intended for retires, who typically do not have the expenses included in the living wage, like caring for children, paying for a mortgage or rent and travelling to and from work.
    If an offer is for over 60s then I would have thought, in my own simple way, that those who qualified who have had to have been over 60, but then that's just me. Apart from that is very ageist of you, James, especially since there is a lot in the media about loans to the over 70s. And you will find that there are lots of over 60s who are working, looking after children (financially) and grandchildren

    Many of the offers are intended to drive business revenue at times when customer traffic is low. For such businesses the target market is not primarily those on low incomes, it's those with money to spend who can be the best customers. There's a lot of potential money to be made from the over-50 spending.

    I would agree with you that not many businesses have a social conscience

    Maybe you missed it but for a long time 50 was the first age at which pension money could be accessed and there are people who retire earlier than that. Today there are still a lot of people with those money at 50 plans and even those one the newer ones can be pensioners at 55.


    This is what is wrong with our country today, nobody wants to work, they all want to retire at 45 and "enjoy" life. To this end directors pay their immediate subordinate staff lots of money to justify their own exorbitant salaries, the subordinates the same and so on ad finitum.

    If it is typically only really having significant content for the over-60s that might well be a good idea. There does seem to be a little content applicable to those who are over 50, though, and maybe more for those who reach pension taking age of 50 or 55, depending on their specific plan.

    I'm glad you agree with me, it's always good to have common ground.
    The only thing that is constant is change.
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