We all wish to reach our golden years with a stable and comfortable lifestyle, but sadly this is not always possible. Things happen and we reach our 65th birthday or older finding ourselves needing more money or even a way to get to the end of the month safely. Medical bills and other unexpected expenses have the nasty tendency to drain our saving rather quickly. We are here to provide some helpful advice on what to do if you are retired and need to make money without investing too much of your limited capital.
#1/20 Rent your home
If you have too much space in your apartment or house or you own more than one property, then renting it may be a very good option for you. The cost of maintaining a property by yourself can be quite a lot, even if you own it. Those with more than one home will truly find this option attractive since it can allow them to relax a bit, since maintenance will be the tenant’s responsibility, you just need to make sure that you select the best kind of people to stay at your home, this is an extremely important element to make this strategy successful. Here you’ll find some advice, please be aware that some details will change depending on where you live.