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Senior Finances

How to Skillfully Cash in on Senior Discounts

It can sometimes be hard to see the perks of getting older — but raking in the senior discounts on everything from food to airfare can help sweeten the deal. Who wouldn’t want to save a few bucks?

The catch is that you have to ask.

Like any other money-saving strategy, there is an art to reaping the financial benefits of your advanced age. Here’s a quick how-to guide:Cashing in on Senior Discounts

Do your research. Start by looking online to see which national chains and local businesses have senior discounts. There are plenty of online directories and lists that contain the senior discount policies of many national chains, and some local businesses post their policies online as well. Also pay close attention to which ages are given discounts — some businesses give discounts to “seniors” as young as 50 years old.

Always look before making a big purchase. Most senior discounts range from 5 to 20% off, and while 20% off a cup of coffee isn’t a huge deal, 20% off an Amtrak train ticket will save you some serious money. Senior discounts can especially come in handy when making travel arrangements, as most hotel chains, rental car companies, and airline companies offer discount programs. Forgetting to ask for a senior discount at a restaurant isn’t a big deal, but neglecting a senior discount for travel might leave you kicking yourself.

Don’t be shy. Admitting your age is never easy, especially to a bunch of strangers, but you’ll never get a discount if you don’t ask. In some cases, some merchants might ask to see your driver’s license to confirm your age — they aren’t trying to insult you, they’re just doing their due diligence. Speak up and save some money!

Have you found other successful ways to get senior discounts or have the lowdown on a few well-kept secrets? Let us know in the comments!

 

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  • About Brittany Worrell Boyce:

    Brittany is the former Marketing Content Editor & Writer with ForRent.com and Homes.com.