Clothes, Shopping And Credit Cards

Regular Purchase Once you stop work, you are freed from the obligation to look the part at your job.

Not only will that save you money, but it may also provide you with an opportunity to think about what style you want to adopt in retirement.

Shopping Clubs or Credit Cards, Rolling credit cards attached to a shop or chain of shops can be a very expensive form of credit. Credit cards seem innocuous but bills can add up when there is no salary check coming in!

Normally you pay a fixed amount each month and are allowed to spend (that is borrow!) up to thirty times your monthly payment.

Clubs where someone calls to collect a regular sum off you each week are similar, but interest rates can be even higher. Try to use an ordinary credit card (Visa or Access) or a bank loan if you cannot pay directly.

Cleaning and Repair You should spend less servicing your clothes when you retire.

This website will take some of the mystery out of these questions and provide answers to many of them. But please remember this website is for informational purposes only and does not constitute professional financial advice.




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Recreation

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