Remove Real Estate Remove Recession Remove Rent Remove Saving
article thumbnail

How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. We planned to rent out the property and thought it would rent quite a few days of the year. We planned our purchase in the heady days just prior to the recession of 2008/2009. Generate an income stream.

Vacation 124
article thumbnail

11 Things I learned After Owning a Vacation Property

Prairie Eco-Thrifter

My sister-in-law and her husband had one that they used and rented out and indicated that it was doing well. I also wanted a bit more diversification in our portfolio and figured an additional piece of real estate could help that. Unfortunately, I was over optimistic about how many days per year the condo would rent.

Vacation 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Helping the parents teach my grandchildren to save is an ongoing project of mine. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Trepidation about having the grand-kids open a savings account. Six measly cents.

Money 124
article thumbnail

Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? Saving Money Today: A Tree Smashed Through My Roof and I’m Lucky – I can’t believe how lucky I feel that a tree fell through my roof and did $9,000 in damage. It can save you time and headache, and maybe even a few bucks too.

November 188
article thumbnail

23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

And if you’re worried about being able to save enough of your earnings to meet your retirement goals , building wealth through passive income is a strategy that might appeal to you, too. What if you’re unable to rent out your property? Or you may not be able to rent the home out for as much as you could before, as incomes decline.

Money 52