Money’s Worth: Do You Take Advantage Of Senior Discounts?
Money’s Worth: Do You Take Advantage Of Senior Discounts?
April 24, 2019
Who can resist a bargain? Well, if it’s tied to revealing your age, some of us apparently think twice. For many, paying full price is the cost of maintaining the illusion that we have not reached a “mature” age. But given that AARP membership discounts start at age 50, claiming a senior discount often puts you in rather young company!
What’s even more interesting, and potentially concerning to those of us who love the senior discounts, is the rumbling about doing away with them. A recent article in The Boston Globe posited the notion that seniors may no longer deserve that discount: after all, some seniors are in much better financial shape than debt-ridden millennials. The concept of senior discounts emerged after World War II when many seniors had meager savings. But now, while such discounts pay honor to longtime customers, wouldn’t it make more sense to provide a discount to anyone who can prove financial need? It’s a complicated, and controversial, suggestion, one that writer Bob Collins suggests we address by allowing seniors to transfer their discounts to a younger, needier person on the checkout line, if they don’t want or need the senior discount for themselves.
Despite the controversy, it’s likely senior discounts are not going away anytime soon. Good news for those who enjoy saving a few dollars. And here’s some more good news: The Senior List’s newly updated list of the Biggest Senior Discounts of 2019.