This will help you avoid paying the full price tag for renting out your home. Each of us will have to live with a heavy heart come spring. Especially for those who have been renting out their property for several years in a row. And if you have been living entirely on rental income for more than 3 years, then you need to urgently take a closer look at your financial situation.Why is the rent rising? And this is not the fault of the authorities, who are also raising rents. In this article, we will talk about how to properly handle your personal data. money (rental income) in order to avoid paying the full price tag for renting out your home. 1) Decide: what you keep on rental income is up to you. In the summer, I kept my rental income on Deposit in the Bank at 4% per annum.In the fall, I put it "under the mattress" and, as they say, sleep tight. 2) Stick to the rental income plan.It's the same with money. That is why there are so few unemployed people in our country (there are 40 million of our fellow citizens).If you have a fully utilized an option — offer to temporarily work for yourself (or invite friends for the family) on a part-time basis, then you will have to be extremely conservative in your rental decisions. 3) Don't make unsolicited offers to rent out your home. Not only will this invite an aggressive game of cat and mouse with the landlord (who will become your slave driver), but also means you will lose your money. 4) Learn how to properly manage your money. Money should bring you new money! And do it regularly! Learn the simple art of proper handling of money. Memorize the following rules: rules.5) Save money. Don't wait for the mortgage or car loan. Start doing it today! Start look for ideas for additional earnings. Start saving money on transfers to the unemployment fund. 6) Buy currency, stocks, and other financial instruments.These steps will allow you to gradually form an impressive capital, the income from which will fully provide you with money. 1) Read my article " Where NOT to invest money? TOP 3 most dangerous places for money". 2) Read my article "what skills you need to become rich".
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