Breaking News For The Baby Boomers!

TranquilpenStarred Page By Tranquilpen, 20th Oct 2011 | Follow this author | RSS Feed | Short URL http://nut.bz/3g7vvla2/
Posted in Wikinut>Guides>Money Saving Tips

Many people still don't know just who the baby boomers are exactly. They are a dying breed of individuals, men and women. Who are these baby boomers?
According to wikipeadia: "A baby boomer is a person who was born during the demographic Post-World War II baby boom and who grew up during the 1960s and 1970s. The term "baby boomer" is sometimes used in a cultural context. Therefore, it is impossible to achieve broad consensus of a precise definition, even within a given territory."

Who Are The Baby Boomers?

Different groups, organizations, individuals, and scholars may have widely varying opinions on what constitutes a baby boomer, both technically and culturally. Ascribing universal attributes to a broad generation is difficult, and some observers believe that it is inherently impossible. Nonetheless, many people have attempted to determine the broad cultural similarities and historical impact of the baby boomer generation and thus the term has gained widespread popular usage.

Many scholars have debated at length, just what, if anything,s which sets this group apart, from any other group of historical individuals and the jury is still out on that score. Is it a single aspect, or are there a whole group of baby boom generation characteristics which make them different? In many parts of the world, baby boomers are associated with abundance, a large portion of whom, having grown up in a position of affluence and privilege. These post W.W.II babies, were among the richest and healthiest of individuals. And as wikipedia further mentions that this baby boomer generation is also on record for being seriously optimistic about the world becoming a better place to live in with the passing of time.

There are those who say that the baby boomers are too self opinionated and act too prescriptive when engaging in discussions with their offspring, often refered to as echo boomers which is largely due to the fact, that they had all grown up with the same expectations of living the good life. Sadly, as more and more of this age
group are taking up their roles as the new providers. This is a job they are extremely ill equiped to handle, as the age of downsizing and out-sourcing has hit us all, with the devastating force of a Tsunami. This is something which baby boomers never had to contend with before, at least, not on such a level.

Every day we are staggering under a barrage of job-losses and banks closing their doors for ever. The reigning mood of gloom is comparable to the pre War depression of the 1930's. One thing this huge recession has made exceedingly clear, is that without a tight budget firmly in place, you might as well take a headlong dive off Niagara falls, expecting to land safely somewhere down below, not likely!

If you are one of the few fortunate baby boomers still able to trundle along to your nine-to-five job, start doing some instant disaster planning, that's right, do it now. If you agree that statistics and record keeping are among the very few successes of the baby boom era, then you should know that your anticipated boomer retirement plan is not going to be worth diddly squat and you are going to have to get stuck into you budget structure real soon and start innovating my friend.

Its a fact, clear as day, that right now in the US and for that matter, even the rest
of the world, baby boomers are being hauled in for some third degree wage and
bonus cut talks, often reluctantly conveyed by people who are boomers themselves and facing the looming spectre of iminent hard times also.

One thing I have learned as a person, myself facing boomer retirement is that things
are going to get a whole lot tougher and the toughs, will be the ones who got going towards preparedness. I am including some of the dollar guzzlers right
here which me and my friends, who are baby boomers themselves are successfully doing .

1.Cut out Astrobuck's $5/day latte for a pound of gourmet ground coffee beans and percolate your own cup before heading for work in the morning. A five buck investment buys you an asian manufactured, stainless steel, 1liter thermos for three extra /300 ml cups of brew. A 1lb bag of premium quality ground coffee should cost around $12 and last 2 to 3 weeks. Your approximate savings ($5 /cup x 5 days = $25- $6/half lb @ $1.20/cup= 14/wk)

Your 5 Point Baby Boomers Generation X Budget Plan

ts a fact, clear as day, that right now in the US and for that matter, even the rest
of the world, baby boomers are being hauled in for some third degree wage and
bonus cut talks, often reluctantly conveyed by people who are boomers themselves
and facing the looming spectre of iminent hard times also.

One thing I have learned, myself facing boomer retirement, is that things
are going to get a whole lot tougher and the toughs, will be the ones who got going towards preparedness. I am including some of the dollar guzzlers right here which me and my friends, who are baby boomers themselves have successfully opted out from doing .

*1. The Thermos Returns

Cut out Astrobuck's $5/day latte for a pound of gourmet ground coffee beans and percolate your own cup before heading for work in the morning. A five buck investment buys you an asian manufactured, stainless steel, 1liter thermos for three extra /300 ml cups of brew. A 1lb bag of premium quality ground coffee should cost around $12 and last 2 to 3 weeks. Your approximate savings ($5 /cup x 5 days = $25- $6/half lb @ $1.20/cup= 14/wk)

* 2. Prepare your own lunches Brown Bags are back!

Wow- your colleagues with the scrumptios lunch your wife has lovingly prepared for you, containing a variety of goodies.not a high calorie- Big 1/4 pounder and fries from down the street. It’s a whole lot easier to manage your nutrition and health if you prepare the food yourself. — Savings ($7/ take out x 5 day= $35- $3/brown bag = $20/wk)

*3. Bike vs. drive to work

– This is an easy one (when possible). It’s healthy, at 65, your heart will love you for it, it’s also eco-friendly.— Savings ($12 parking x 5 days = $60 + 1 tank of gas @ $30 =$90/wk)

*4. Dump The Unused Gym Contract

Cancel the gym membership if you're not using it– with the daily biking or walking to work, you will have all the benefits of the gym and it's free. I can’t even begin to count how many of my aquaintances have gym memberships they never use – having a gym membership makes many people feel better about themselves even if they don’t actually visit the gym. If you don’t use yours, you're just waisting money.— Saving of $23.09/week or $100/mth

*5. Beer Is Social Too

Beer vs. mixed drinks – cutting the weekend visit to the bar means destroying your social life completely. Instant remedy, order beer instead of a mixed drink,
it's usually cheaper. — Savings ($8/mixed drink x 3 drinks = $24 - $5/beer x 3 drinks = $9/wk)
total saving of $167.09/wk x 4.33 weeks (average month) = $723.49 a wopping $8681,88/year saved and who knows how much was saved in medical bills alone.

I have literally hundreds more savings tips available to the baby boomers generation and am busy writing a book on the topic.

Feel like sharing your own great saving tips click here and join now!

Tags

Andre Hartslief, Baby Boomer, Baby Boomer Trends, Baby Boomers, Baby Boomers Generation, Babyboomers, Echo Boobers, Echo Boomer, Guide, Guide People, Guideline, Guidelines, Guidence, The Baby Boom, The Baby Boomers, Tranquilpen, What Is A Baby Boomer

Meet the author

author avatar Tranquilpen
As Andre' Hartslief, I strongly believe, that In life, there are no justified resentments.”We the old legends will become relics and fade away, while new giants emerge in our world of sobering truths.

Share this page

moderator Mark Gordon Brown moderated this page.
If you have any complaints about this content, please let us know

Comments

author avatar Steve Kinsman
20th Oct 2011 (#)

Good advice Tranquilpen, and humourously put. Thank you.

Reply to this comment

author avatar Teila
20th Oct 2011 (#)

Great advice and a fun read!!

Reply to this comment

author avatar Ivyevelyn, R.S.A.
20th Oct 2011 (#)

Thank you, Tranquilpen. I need to review my sky-high bills!

Reply to this comment

author avatar Sam Bralley
20th Oct 2011 (#)

Thanks Tranquilpen, very interesting read...

Reply to this comment

author avatar Mark Gordon Brown
20th Oct 2011 (#)

I am 50 now, according to some charts I am a baby boomer. My wife is pretty good about keeping me on track for spending, we have reversed roles she is not a woman who loves to shop, while I do.
Best thing we did is buy a home with an affordable mortgage.

Reply to this comment

author avatar Tranquilpen
22nd Oct 2011 (#)

Hi Mark, according to my understanding, 50 makes you a baby boomer. If not, you will hail for ever as an "Echo Boomer" the guys faced with making the transition out of La vie de lucre. By your adaptation skills, gleaned from the useful articles you write, you seem to have done brilliantly sir!

Reply to this comment

author avatar Vernazoa
20th Oct 2011 (#)

I am 59 and a baby boomer. I budget by the week. I shop for what I need and little of what I want. I am happy tho'. My best investment was to get a great apartment under Section 8. My rent for a loft is less than $ 270 a month In New York this place would be about $2,500 per month.

Reply to this comment

author avatar Tranquilpen
22nd Oct 2011 (#)

You sure have what I am trying to put across to our fellow Boomers, not doing so well. My closest boomer buddy, 60+ was absolutely shocked the other day when, while we were having lunch at my place, he enjoyed the real butter he was spreading on his bread. He remarked that it was years since he could afford to buy it for him and his wife. When I told him that my butter was cheaper than his unhealthy liquid plastic spread, (margarine) he expressed his utter disbelief. When I told him our secret he almost fell of his chair.What you do is this, you buy a 500 gram brick of butter, allow it to soften, then add a cup of sunflower oil and gradually, as you stir the butter, add your cup of oil. continue doing this until the oil is completely absorbed. Then scoop into butter dishes. BUTTER! As I say, there are 100' more tips, all tried and used by me.From An anti acid costing pennies to exiting treats for the grand children ans sweet toothed Boomers as well, costing pennies :-))

Reply to this comment

author avatar Val Mills
21st Oct 2011 (#)

I'm a baby boomer and enjoyed this. Not sure about getting the wife to make the sandwiches though - don't you know how to make your own? :-)

Reply to this comment

author avatar Tranquilpen
22nd Oct 2011 (#)

Hello Val, I sure do know how, I was trying to include the guys who are even hopeless at boiling water for coffee. I was the guy who baked the bread in this house 37 years ago, I still do many of those tasks, almost called them chores, but I will admit, she does it soooo much better, bless her :-))

Reply to this comment

author avatar Buzz
21st Oct 2011 (#)

Great cost-cutting tips, my friend. I'm inescapably a baby boomer.:)

Reply to this comment

author avatar Tranquilpen
22nd Oct 2011 (#)

Hello Buzz, thank you for reading my article. I am serious about the issue at hand though, since red lights are flashing all around and people just trundle along, merrily, I hope, at least, this is what my exhaustive research is showing me. So many are caught up in an epidemic of disconnection.

Reply to this comment

author avatar Retired
21st Oct 2011 (#)

Good tone of humor for such a serious subject.

I'm a boomer, too. ;)

Reply to this comment

author avatar Tranquilpen
22nd Oct 2011 (#)

Hello dear Rama, Good to hear from you. Thanks for reading my friend:-))

Reply to this comment

author avatar Delicia Powers
21st Oct 2011 (#)

Wonderful enjoy this so much, and the truth does make us smile at ourselves...

Reply to this comment

author avatar Tranquilpen
22nd Oct 2011 (#)

Thank you so much dear Delicia, ditto, truth be told! :-))

Reply to this comment

author avatar Sheila Newton
21st Oct 2011 (#)

Brilliant. I'm a baby boomer child, born in the 1950's. Just LOVED the 60's and 70's - but then I love the 21st century too!

Reply to this comment

author avatar Tranquilpen
22nd Oct 2011 (#)

MY SISTER! , AS DO I. I simply cannot sit and procrastinate, having lost some very valuable time spent on an utterly dead beat cause. I now have a new urgent call to life and its wonders, I simply cannot sit and wait for it to happen, life I mean. Thank you for reading and sharing your enthusiasm with us all;-))

Reply to this comment

author avatar Teila
23rd Oct 2011 (#)

Brilliant!!!!

Reply to this comment

author avatar Tranquilpen
24th Oct 2011 (#)

Thank you, and so are YOU! ;-))

Reply to this comment

author avatar White haired one
25th Oct 2011 (#)

I will buy that book when its ready my friend. nice one Tranquilpen

Reply to this comment

author avatar Tranquilpen
30th Oct 2011 (#)

Hello WHO. Thank you for your inspiring words, greatly appreciated. Have you made the work shift as you anticipated previously? check out this, It gave me a bit of a boost, advertising wise, Google: "Stanford Whose Who." Enjoy

Reply to this comment

author avatar Maria Malone
30th Oct 2011 (#)

Well put and fun to read for all us boomers out here!

Reply to this comment

author avatar Tranquilpen
30th Oct 2011 (#)

Hello Maria, Glad you enjoyed the article. I exited about a new Blogsite I'm setting up tips and hints for the Boomers, the greatest generation that ever lived. Do the Google and see why.Thanks for reading:-))

Reply to this comment

author avatar D in The Darling
30th Oct 2011 (#)

Baby boomers conceived in that infamous blackout somewhere there. Optimistic about the world being a better place; George Bush instantly comes to mind. Wealthy.Call them Schizophrenic too.

I like this. I'm back my friend. Thanks for sharing.

Reply to this comment

author avatar Tranquilpen
31st Oct 2011 (#)

Hello D welcome back good to hear from you again. The boomers are arguably the most famous generation in history:-))

Reply to this comment

author avatar Songbird B
13th Nov 2011 (#)

What a great page, informative and filled with great advice, Andre, but you have raised serious issues too, and we are certainly seeing them come into play just recently... A really great article, my dear friend..

Reply to this comment

Add a comment
Username
Can't login?
Password