dogs sleep in bed

Baby boomers have coronavirus on their minds

Rita R. Robison / March 10, 2020

Two weeks ago, I went to my local co-op to stock up on food due to the possible need to stay home due to the COVID-19 outbreak. I bought two weeks’ worth of food. Then, I heard that older people may need to stay home for more than two weeks. So I set out for Costco for a shopping trip.

This week's top 10 money tips

1. Take a look these tips on what to buy on sale in October.

2. Check out your eligibility for compensation under a recent settlement for certain generic prescription drug purchases and submit a claim.

3. Take a look at where mortgage interest rates are increasing the most.

4. Be sure to consider fuel economy for your next car purchase because the Trump administration has just slashed fuel economy standards.

5. Trim dining out bills by drinking water, picking up takeout instead of using delivery, using rewards, and ordering appetizers instead of entrées.

6. Create a sinking fund, a separate, named savings account tied to a specific goal.

7. Make a plan for your holiday spending.

8. Check out which streaming services people who cut the cable prefer.

9. Consider a postnuptial agreement — it outlines the same things as a prenup, but you sign it after you’re married.

10. Learn about Gen Z spending with this survey that shows that Gen Z has the lowest savings-to-spending ratio of any generation.

Sign up for my newsletter and you'll get 10 tips like this every week, for no charge. And, tell your friends and co-workers about it so they can make savvy money choices, too. Here’s the sign up: https://tinyurl.com/makeyourmoneywork. And, for a big bonus, you’ll also get my free e-book on how to optimize their personal finance decisions.

October 1, 2026