With 1 out of every 3 senior households either completely out of money or in debt after paying their bills each month, managing your money is more crucial than ever. A perfect first place to stop is the National Council on Aging, which offers a free Economic Check Up for Seniors to improve their budgeting and set financial goals. Keeping on top of bank accounts whether they be savings, checking, money market or retirement, can be time-consuming and confusing if we have a number of different accounts to deal with. One app that is very helpful is Mint. This money app is designed to help people of any age to keep track of where their money is coming from and where it’s going – all in one easy to read screen.
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