article thumbnail

How Growing Your Finances Is Like Gardening

Prairie Eco-Thrifter

Some asset types do better during inflationary years, some do better in recessions. Consult appropriate financial planners, advisers and tax accountants to find the best ways to manage your resources to minimize the damage from governments, institutions and the overall economy. Limit your selections within each category.

Finance 133
article thumbnail

23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Economic recessions can also make high-yielding personal loans a more likely candidate for default, too, so these loans may go bad at higher than historical rates when the economy worsens. Buy a blog If you want to get into the blogging game, consider buying one and skipping the line on building it.

Money 52