Social Security Worries
There will be no cost of living adjustment (COLA) for social security recipients this year. Nor are there any projected adjustments for next year. Costs and expenses, however, continue to rise, from food to utilities to durable goods. This means that if you are a senior citizen who relies on social security for your income (or at least a major part of it), you are and will be losing purchasing power. Simply put, your money won't go as far as it used to.
For elderly people who wish to avoid a significant downgrade in their lifestyles, a means of supplementing cash reserves is necessary until social security payments can be increased to match economic reality. One easy option is to visit www.cashformyoldgold.com. Many seniors, in particular, will have accumulated gold, precious metal or other jewelry which they no longer use. Rather than let such items continue to wallow in drawers and closets, they can be converted to funds needed for daily living. At www.cashformyoldgold.com, a free kit ("gold pack") can be ordered. Simply mail in items with a completed application and a check will be sent within days. With replenished reserves, senior citizens can weather the current storm with greater peace of mind.