AARP: “‘Moneymaxxing’ After 50: Simple Ways to Make Your Money Work Harder”
AARP, October 8, 2026 — In today’s article by Perry Santanachote we learn how social media has given old-school budgeting a makeover.
Perry writes: “Just when you finally learned what “girl math” and “loud budgeting” meant, social media mints another financial buzzword: moneymaxxing. It sounds as if it requires three monitors, a complicated spreadsheet and the soul of a day trader, but, at its core, it simply means getting more from your money.
While the popular looksmaxxing trend focuses on improving your appearance, moneymaxxing focuses on squeezing value out of every dollar. And with consumer goods prices increasing 3.4 percent from August 2025 to August 2026, stretching your budget is a must. Furthermore, AARP’s 2026 Financial Security Trends Survey found that 69 percent of adults 50 and older said they believe prices are rising faster than their income, and 60 percent said they’re worried about having enough savings to last through retirement.”
Perry turned to Marguerita Cheng, CFP® Pro and founder of Blue Ocean Global Wealth, for insight into how to assess your insurance policies.
Rita said: Property and casualty insurance rates are outpacing inflation. Bundling insurance plans and asking for discounts may help cut costs. Cheng saved $60 a month on auto insurance by asking about a discount since her two children attend college without cars. In addition, raising your deductibles can reduce premiums, but make sure you have enough cash to comfortably cover the deductible if you need to pay it. Most people don’t have an accident every year. Instead of paying more to the insurance company, save that money in a high-yield savings account.