Money-saving tips for seniors

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					                                                                                              • Wednesday, May 6, 2009 • Page C11

Money-saving tips for seniors
By JASON ALDERMAN                    ■ LIHEAP the Low-
                                                   ,                    gov/MedicaidGenInfo.             of the transaction – waiting      websites or mailers regularly
Practical Money Skills for Life
                                  Income Home Energy Assis-               ■ Rental assistance for        until you settle the bill may     for new offers.
                                  tance Program, which pro-             low-income families is           be too late. One precaution,        Ensuring a worry-free
  Thanks to the rocky econ-       vides grants to help pay util-        available from several U.S.      however: Senior rates at air-     retirement requires a lot of
omy, most people’s retire-        ity bills. To see if you qualify,     Department of Housing and        lines, hotels, car rental agen-   planning, both before and
ment savings have taken           go to            Urban Development pro-           cies and other travel-related     after you leave the workplace.
a beating in the past year.       grams/ocs/liheap.                     grams as well as other state     businesses are not always         Visa’s free personal financial
In fact, many folks have             ■ Also, check with your            and local agencies (see www.     the cheapest available, so        management site, Practical
been forced to postpone           water, garbage collection,          check their websites or ask a     Money Skills for Life (www.
retirement because of their       telephone and television              for details).                    phone representative for the
shrinking nest eggs. And,         cable companies to see                  ■ Go to      lowest available rate before      retirement) contains many
those who’ve already retired      if they offer discounts for           zen/Topics/Benefits.shtml for     requesting the senior rate.       tools that can help.
no doubt have noticed that        seniors, low-income families          a comprehensive overview of         Check your affiliations.          Jason Alderman directs
their money doesn’t go as         or the disabled. Rules vary,          additional aid programs.         Organizations like AARP       ,   Visa’s financial education
far because of increases in       but you’ll likely be asked to           Senior discounts. Before       AAA and credit card issu-         programs. Sign up for his
housing, food, utilities, pre-    provide proof of age, income          purchasing anything, ask if      ers often offer member dis-       free monthly e-Newsletter at
scription drugs and virtually     or disability status in order         they offer senior discounts.     counts on various items           www.practicalmoneyskills.
everything else.                  to qualify.                           Always ask at the beginning      and attractions. Check their      com/newsletter.
  Even optimistic economic           ■ SNAP the USDA’s Sup-

                                                                                                               Goris Properties
observers don’t anticipate        plemental Nutrition Assis-
things will improve signifi-       tance Program (formerly
cantly any time soon, so it’s     known as food stamps), helps
time to tighten the belt. Here    millions of lower-income
are a few areas where retirees    Americans buy nutritious
— and retirement wannabes         food each month. Visit www.                                                LUXURY APARTMENTS
— can stretch their dollars for qualifi-
and reducing spending:            cation requirements.
                                     ■ Medicaid. Many unin-
                                                                                                             Special Rates for Seniors
  Pay down debt. List your
                                  sured people who aren’t yet
outstanding credit card and
loan balances by interest         eligible for Medicare can                                                  330-823-1020
rate and pay off those with       obtain medical coverage                                                   
the highest rates first, there-    through state-administered
by lowering the amount of         Medicaid programs. To learn                                               Personally Managed by Brad & Sue Goris
interest you pay overall.         more, visit www.cms.hhs.
And always make at least
the minimum payment on
each account – on time – to
prevent credit score dam-
                                                                                           $$ PAYING TOO MUCH FOR
age that could increase your
interest rates.
                                                                                               ASSISTED LIVING?
  Medical expenses. If your
Medicare or other health
insurance doesn’t cover a                                                          MOST IN ALLIANCE ARE!!!
specific medical expense,
ask the doctor’s office about
                                        Senior Living Community
discounts for paying in cash.      As the only family run Independent Living with assistance facility in Alliance we like to keep things simple.
Also, explore using generic        That’s why our Assisted Living Apartments have various prices to choose from! All rooms are tastefully
drugs and see if your plan
offers discounts for order-        furnished and include laundry, cable, meals, lifeline and entertainment opportunities. Most rooms furnished
ing several months’ worth of       with a microwave & refrigerator! Residents may also have therapies in the privacy of their room through
routine medications at once
by mail.                           our on-site Premier Therapy team. Nursing staff and aides available 24/7!
  Insurance.      To     lower     Plan your respite stay for the holidays
monthly premiums, consider
raising deductable amounts
on your auto and home-
                                          The Inn                 Hunter’s Run                     Fox Chase                                 We have
owner or renter’s insurance.             This building                                                                                     Aging in Place
                                                                        This building          This building has a 12
Also, rates typically decrease                                                                                                         programs to keep your
when you reach age 50 or               features the only              features Hunter’s       seat Movie Theater with
                                                                                                                                        family independent
55, especially if you take a           Adult Day Care                 Run Pub. You just       72” screen. Like the pub
defensive driving course, so                                                                                                                  longer!
be sure to ask.                           in Alliance                   have to see it!        you just have to see it!                Enhanced $10.95 PPD
  Government programs.                                                                                                                 Premium $21.95 PPD
Many government-spon-
sored benefits, grants and             Just another example of OUR family taking care of YOUR family!                                      Call for details
financial aid programs exist                                                                                                                330-821-3939
to help low-income families,          Skilled Care Center available for short Term Therapy or Long Term Stay.
seniors and others pay their
bills, including:
                                             2350 Cherry Street Alliance, Ohio 44601 330-821-3939