Rather than find ways to make more money, pensioners should try to save as much as possible. Simple Ways you can save money as a pensionerAfter months of rising costs, South African pensioners have no other choice but to get creative about how they save money. Buying all your electricity at once forces you into a higher price group. Use low-wattage appliancesLow-wattage appliances also help you save electricity. As more shops offer combo deals, you can save hundreds of rands by dividing combos this way.