shoestring tied around wallet Simple strategies, to be sure, but taking control in this way might at least lessen some stress. (Photo: Shutterstock)

Whether you’re retiring early or just have limited resources to see you through, getting by on a shoestring can be a challenge—even if it turns out to be rewarding in other ways. But if the challenges prove greater than the rewards, you can always consider the feasibility of “unretiring.”

According to a NextAvenue report, one essential part of being able to survive on a shoestring is a spending plan. Shoestrings don’t have room for surprises. But just because you’re looking to live on as little as possible doesn’t necessarily mean giving up the things in life you enjoy most, especially when you finally have time to enjoy them.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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