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How to Save Money by Downsizing

Prairie Eco-Thrifter

This got me thinking some more about how to save money by downsizing. Real estate taxes are calculated on the size of the house so a smaller house will attract a lower tax rate. I hope this article has started you thinking about how you can save money by downsizing.

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How to Have Your Cake and Eat It Too

Prairie Eco-Thrifter

That same Times article explains it this way: “Michael O. A financial planner Gary Schatsky is quoted in this New York Times article saying: The life estate is a beautiful opportunity in the law that allows you to have your cake and eat it, too,” Mr. Schatsky said. percent I.R.S. Give Back Money Tips'

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How to Say No When a Sibling Asks for Money

Prairie Eco-Thrifter

This Smart Money article went on to say that “These days, it seems, being seen as the moneybags of the brood can put a bull’s-eye on your back, whether you succeeded in business, invested savvily, married well — or just didn’t squander the family inheritance “ So, how do you say no to sibling requests for money?

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The Complete Guide to Buying a Franchise

Savings Corner

See your loan options with Fundera by NerdWallet How to buy a franchise If you’ve decided that opening a franchise is right for you, you can follow these steps to make it happen. Startup franchise costs can range anywhere from $20,000 to $1 million, depending on the brand and real estate requirements.

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The Cost of Doing Nothing

Prairie Eco-Thrifter

Amartya Sen, the Nobel prize-winning Harvard economist who wrote a book called The Cost of Inaction, is quoted in an Economist article A Dollar now or a Hundred Dollars Later as saying: “There is indeed an “ opportunity cost of doing nothing”, that is, the failure to reap the benefits of an effective intervention.”. Money Tips'

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What is Passive Income?

Prairie Eco-Thrifter

Here are some forms of passive income that you may have heard of: Real Estate (rental units). Out of these three options, real estate is often the passive income of choice, simply because not everyone has the talent to sing or write, but for the most part, real estate can be learned by almost everyone.

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How Anyone Can Create Passive Income

Prairie Eco-Thrifter

This statement says it all – we may not have the money to invest in real estate or a big business, but we most likely can invest our time. In order to monetize this site , you’ll have to create content and optimize each article so that any search engine can locate it. How to Make Millions with Passive Income.