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Benefit from My Financial Mistakes

Prairie Eco-Thrifter

What a wonderful gift it was, but I wish I had been wiser in using it. I ended up with a BA in Psychology with an emphasis in Industrial Psychology – and couldn’t get a good paying job of any sort after graduating! I picked the wrong college major. Learn to negotiate and practice it every chance you get!

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The Worst Financial Decisions I’ve Seen

Prairie Eco-Thrifter

Not paying your real estate taxes. Eventually he could not pay the real estate taxes and the home was put on the county’s tax lien sale auction. I know a person that gave away so much money that she is now destitute and using food banks to live. Not being ready to make changes.

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Unintended Consequences

Prairie Eco-Thrifter

The intention was to get some extra money and get the real estate taxes paid. This caused the home to be condemned as unfit for human habitation and the real estate taxes not to be paid. We have not come close to understanding psychology of individuals or the complex interplay between individuals and organizations.

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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

We didn’t count on the psychological effect on me though. Hubby continued to work hard around the estate (ok, I’m being a bit grandiose – but you could call 6 acres an estate – right?) Our alternate income streams include an inherited IRA, real estate rental income and dividends/interest from investments.

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7 Steps To Homelessness And What To Do If You Get There

Prairie Eco-Thrifter

Use Up Existing Resources. Since she could no longer afford to pay it, she stopped the home insurance and stopped using the cars she inherited (also free and clear). She stopped paying income tax on the rare occasions when she did have income and did not pay county real estate taxes. If you have access to a car, use it!

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Live Real, Now: Make Extra Money, Part 6: Setting Up a Site In this installment of the Make Extra Money series, LRN is going to show you how to set up a WordPress site. You will learn exactly what settings, plugins, and themes he uses. Instead of giving in, they used it as an opportunity to pay down debt!

October 200