Prairie Eco-Thrifter

article thumbnail

How to Leverage Your Home to Make Extra Money

Prairie Eco-Thrifter

As a homeowner, you have the unique opportunity of earning passive income from your property. Passive income is the income you earn by putting in minimal effort. You can use this cash inflow for your monthly expenses or save it up in your bank account. You can go a step further and even reinvest it to earn higher profits. . There are many benefits of leveraging your home to make some extra cash and generate an additional revenue stream.

Money 100
article thumbnail

5 Frugal Living Tips To Saving Money

Prairie Eco-Thrifter

Living within your means isn’t easy with modern life, with many essential items we need to purchase just to get by. From slowly paying off a mortgage, to paying for train travel or a car purchase, borrowing money for these types of items can be expensive. However, whilst we all have essential bills or borrowing we need to take on and maintain, some people are able to live as frugally as possible to help keep costs down and make their money go further.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Different Ways to Plan for Your Family’s Future

Prairie Eco-Thrifter

Retirement has become an uncertain landscape for many families as they’ve watched economic markets shift and debt grow while financial burdens wreak havoc. But even if you’re in your later years and retirement feels only a few years away, there are actions you can take to plan for yourself and your family. If you’ve got more time and have decades before retirement, you’re in a great position to consider your options today.

Insurance 100
article thumbnail

5 Sources for Quick Funding

Prairie Eco-Thrifter

There are times when someone might need funding as fast as possible. Here are some situations that could warrant the need for quick funding: Debts Must Be Settled: For those that care about their credit score, paying off a debt means making sure that each monthly payment is made on time, and in full. Failing to do so could be detrimental to that squeaky-clean credit!

article thumbnail

IS TERM INSURANCE PURE PROTECTION PLAN?

Prairie Eco-Thrifter

We live in a world filled with risks and uncertainties. People, their families, their properties and their assets are constantly at exposed to a variety of risks. Insurance plans are a vital part of every person’s life for it acts as a safety net for when an individual is in need of monetary assistance due to certain circumstances. In the finance industry, there is a large assortment of insurance plans ranging from health, home, vehicle, travel and even life insurance that an individual can opt

Insurance 185
article thumbnail

How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

Owning a vacation rental has been a love-hate emotion for me. We bought a lakefront condo 10 years ago near lakes and an area known for entertainment venues, for what I thought at the time were great reasons. Why we bought. Diversify our investment holdings. We only own one home, no land, no rentals. Much of our portfolio was invested in stocks, bonds and mutual funds.

Vacation 124
article thumbnail

What Can Go Wrong – Naming a Beneficiary

Prairie Eco-Thrifter

You are probably aware that you should designate beneficiaries to your belongings should you die. Often it seems fairly easy to do, but there can be some interesting unintended results depending on who you designate and what they do after you die. Here are some ways you can mess it up when making beneficiary designations. You inadvertently override your will or trust.