onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Notification
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: I’m a Retired Boomer: 6 Bills I Canceled This Year That Were a Waste of Money
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
Finance

I’m a Retired Boomer: 6 Bills I Canceled This Year That Were a Waste of Money

Last updated: May 2, 2025 8:00 pm
Oliver James
Share
5 Min Read
I’m a Retired Boomer: 6 Bills I Canceled This Year That Were a Waste of Money
SHARE

It can be hard to know what to cut from a retirement budget. Should a person say goodbye to cable or cut out a gym membership? Or both? Or neither?

Contents
Premium Cable PackageLarge Data PlanFancy Gym MembershipMultiple Streaming ServicesLandline PhoneStorage UnitTotal Monthly Savings

Find Out: Frugal Retirees: Steer Clear of These 13 Ultra-Expensive Arizona Cities

Read Next: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

Jennifer S., a lifelong special education teacher who recently retired, spent her first year of retirement taking a hard look at her monthly expenses. Here’s what she cut — and why she wishes she’d done it sooner.

Trending Now: Suze Orman’s Secret to a Wealthy Retirement–Have You Made This Money Move?

Premium Cable Package

  • Price: Around $200 per month

“I was paying nearly $200 a month for channels I never watched,” Jennifer said. “My kids kept telling me to try streaming, but I was stubborn.”

A premium cable package can indeed be a big expense. According to CNET, the average monthly cost of a premium cable TV and internet package is $217.

Consider This: 10 Little Luxuries To Stay Away From in Retirement

Large Data Plan

  • Price: $85 per month

“When I looked at my actual data usage, I was using maybe 2GB a month but paying for unlimited,” she explained. “Turns out I’m on Wi-Fi 90% of the time. Switching to a smaller plan was a no-brainer. Done and done!”

Fancy Gym Membership

  • Price: $75 per month

Jennifer said that this one was tough to admit.

“I kept telling myself I’d use that fancy gym with the pool and yoga studio. But you know what? I’m just as happy walking with my neighbors every morning and doing YouTube yoga in my living room. That’s $900 a year back in my pocket,” she said.

Multiple Streaming Services

  • Price: $65 per month

“I had Netflix, Hulu, Amazon Prime, Disney+ and Apple TV+,” she explained. “When I actually tracked what I watched, I realized I was really only using two of them regularly. The others were just auto-renewing and being ignored.”

This isn’t uncommon, either. According to a 2024 LendingTree survey, of those surveyed who pay for streaming, 25% have a subscription to a service they don’t use.

Landline Phone

  • Price: $45 per month

“My kids thought it was hilarious that I still had a landline,” Jennifer said. “I kept it ‘for emergencies’ but realized my cellphone works just fine for that. The only calls I got on the landline were spam anyway.”

Storage Unit

  • Price: $125 per month

This was a big one. “I’d been paying for a storage unit for five years after downsizing,” she explained. “When I finally went through everything, I realized I was paying $1,500 a year to store things I didn’t even remember I had. I spent a weekend sorting through it all, gave most of it to my kids or charity, and it felt like a weight lifted.”

Total Monthly Savings

  • Total savings: $575 per month

“That’s almost $7,000 a year I was literally throwing away,” Jennifer said. “Now that money goes into my travel fund. I’m heading to Italy this spring — my first trip to Europe ever. Much better than paying for a storage unit full of stuff I never used!”

Her advice for other retirees? “Look at every automatic payment and ask yourself if it really adds value to your life. We get stuck in these patterns of paying for things just because we always have. Retirement is a great time to break those patterns.”

She also suggested reviewing bills quarterly. “Companies are sneaky with those rate increases. They count on us not paying attention. But when you’re on a fixed income, every dollar counts. So, I say, not me anymore! Don’t be embarrassed to call and negotiate — or to cancel things. Get rid of it! You probably don’t need it.”

More From GOBankingRates

  • 6 Used Luxury SUVs That Are a Good Investment for Retirees

  • How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

  • 7 Overpriced Grocery Items Frugal People Should Quit Buying in 2025

  • 4 Low-Risk Ways To Build Your Savings in 2025

This article originally appeared on GOBankingRates.com: I’m a Retired Boomer: 6 Bills I Canceled This Year That Were a Waste of Money

You Might Also Like

Paperless credit card statements: How it works, pros and cons

Grant Cardone Is Now a Bitcoin Fanboy — Here’s Why

Why D-Wave Stock Skyrocketed 40.2% This Week

Why ChargePoint Stock Plunged Today

Is Archer Aviation Stock a Buy Below $9?

Share This Article
Facebook X Copy Link Print
Share
Previous Article Man injected by 856 snake bites helps create universal antivenom Man injected by 856 snake bites helps create universal antivenom
Next Article As PAP triumphs again in Singapore, Workers’ Party emerges as main opposition As PAP triumphs again in Singapore, Workers’ Party emerges as main opposition

Latest News

If you annoy Trump, he can annoy you back equally, Howard Lutnick says
If you annoy Trump, he can annoy you back equally, Howard Lutnick says
Finance June 10, 2025
Why Quantum Computing Stock Is Skyrocketing Today
Why Quantum Computing Stock Is Skyrocketing Today
Finance June 10, 2025
EPA set to roll back rules that limit greenhouse gases and mercury from US power plants
EPA set to roll back rules that limit greenhouse gases and mercury from US power plants
Finance June 10, 2025
A .7 Million Couple Explains Why Young Investors Should Avoid Dividend Stocks: ‘Focusing On Total Returns Is A More Efficient Strategy’
A $2.7 Million Couple Explains Why Young Investors Should Avoid Dividend Stocks: ‘Focusing On Total Returns Is A More Efficient Strategy’
Finance June 10, 2025
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2025 OnlyTrustedInfo.com . All Rights Reserved.