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GOBankingRates asked retired boomers to share thingsthey wish they knew about saving money20 years ago.
Shop around for cash back on purchases with your credit card.
Even if you cant afford it.
The payoff is well worth it.
Dont listen to people who say the housing market will crash.
Even if [it] does, it always comes back!
You Have To Save and Grow Your Money
The notion is simple:save money.
But the true lesson to be learned is that you thats right, you!
are solely responsible to take the reins and be vigilant about adding to your savings account.
Money isnt going to save itself, explained Sharon Hudnall, a retiree in Southern California.
It needs to be saved.
Invest in the stock market on hunches you have about new companies, said Vetrano.
I have Amazon stock that increased to $35,000 for a thousand-dollar investment.
Wish I had bought more.
That is anything from a home to a car to a business.
Always shop around for value, DiSalvo advised.
Comparison shopping can save you a lot.
It costs you nothing, and you’ve got the option to save a lot.
Dont just run out and buy something because you want it, DiSalvo said.
If you feel you didnt get the service you paid for… complain.
A complaint in writing is helpful for you and your case.
There will always be something you want to spend money on that you cannot afford.
Make a budget, said DiSalvo, and live with it.
We dont really have a budget, per se, said Vetrano.
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