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Senior discounts - Thrifty Living Today
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Senior discounts

A month ago I read an article in a Minneapolis newspaper. The title was “Do seniors deserve that senior discount?”

Examples of discounts presented included; movies, restaurant meals, rental cars, airline tickets, hotel rooms, train, bus tickets.

A comment was made that “most of us (seniors) are doing OK”. A suggestion was made that “maybe we can still help to carry our nation’s burdens.”

I was stunned and concerned that someone would challenge discounts for seniors. Apparently this is a topic some people are studying. They are exploring statistics on numbers of seniors, income received, and types of discounts available.

 

Why do businesses offer discounts to seniors?

The article suggested businesses can make money by targeting seniors. It seems they are the largest and fastest growing market segment.

I also read that seniors are cheap and that some make frugality a hobby.

 

I discussed this article with a family member

We came to these conclusions:

It is better for a business that seniors visit and spend money at the site.

Older people may have a flexible schedule not available to others. (They can attend an early show.)

Shopping by seniors may result in a larger income for the business.

Older shoppers may buy things not appreciated by a younger audience.

Seniors may bring those not eligible for a discount, to the business.

 

Our final thought was, if the business is losing money, the leadership will not offer a discount.

 

Research on this topic.

 

Just to make certain this was not the only printed discussion on this topic, I checked the Internet and came up with some additional posts on the topic of senior discounts.

Below are examples I found. 

http://50plusseniornewspa.com/news/2012/may/17/my-22-cents-worth-should-seniors-get-discounts/

http://www.artsjournal.com/worth/2013/05/why-do-seniors-get-discounts/

 

Lori Blatzheim is a wife, mother, grandmother, writer, thrift advocate, and retired nurse. She knows that use of Thrift can help people because she has experienced the benefits.

Are you a Senior? Do you have a friend or relative who is considering retirement or has already retired? Check out this web site: Retire and Renew:

http://retireandrenew.com

 

 

 

 

 

 

 

 

 

Comments

 

bobi said:

Thanks for bringing this topic up. As I approach senior status (yes, I'm a younger boomer), I've been expecting this to happen. In much the way I do not trust that SS will be available to me after years of paying into the system, I've also been saying for years that by the time I get to be a senior, they will be giving the discounts to younger people instead of seniors.

While I don't think discounts should be a 'right of passage' for older folks, I enjoy a getting a discount occasionally and look forward to qualifying for them but it won't surprise me in the least if they disappear in the near future.

Over the years, Baby Boomers have gotten a lot of attention for the supposed financial power we wield, but there are plenty of downsides to being part of this group. When we were teens, finding a job was nearly impossible because there were so many of us available. There was also lots of competition through the years for jobs, housing and status, again because there are so many of us. There has been a fair amount or criticism directed at boomers for the choices we've made and I'm not going to defend any but I think there may be many who will need and appreciate the senior discounts and I hope they will continue, but I'm a bit pessimistic that they will.

July 7, 2013 8:53 PM

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About Lori Blatzheim

Created Retire and Renew, dedicated to those who are planing to or facing retirement or are living a Senior life: http:retireandrenew.com
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