5 Ways to Make Money with the Extra Space in Your Home

Posted by Kate Cygan on May 13, 2019 4:34:18 PM

For most people, our homes are our biggest tangible assets. So it seems like a no-brainer to put them to work and make a little money if we can. Airbnb is a big success story, but not everyone wants to rent out their homes for vacationers. Luckily, turning your house into a short-term vacation rental isn’t the only way to make money with your extra space—and we’ve got five creative ideas that prove it.

 

The Freedom to Age in Place

Posted by Silvernest Team on Apr 30, 2019 1:04:54 PM

The majority of us have put a stake in the ground for anyone who cares to listen. We are going to age in our own homes. We will exercise our freedom to choose to age on our terms and in our own way. The term “Age in Place” shows up everywhere but no one tells us exactly what that means, how we can do this vibrantly, and how this choice affects our health as we move from our 50s to our 60s and our 70s.

Houses Age Too: One Simple Idea for Covering Home Maintenance Costs

Posted by Silvernest Team on Nov 29, 2017 12:45:42 PM

Although many of us want to age at home, that cherished space can become harder to manage as we get older and our kids move away. We no longer need all those bedrooms. And let’s be honest—our houses are aging just like we are, and they need costly surgery sometimes too. The question becomes, is it even feasible to stay at home? The answer is “Absolutely, yes!”  

 

Spring Cleaning in Winter: For Cash and Company

Posted by Kari Henley on Nov 7, 2017 8:41:40 AM

As the weather turns cooler, now is the perfect time to tackle that spare room or guest room that has become the receptacle of old wrapping paper, craft projects or “re-gifting” items, and turn it into a source of income. That’s right, cleaning that spare room is the first step towards earning an average $8,000 more per year!

 

House Sharing, Part of the Growing Shared Economy

Posted by Margaret-Ann Burness on Oct 21, 2017 10:38:34 AM

In recent years, there’s been a lot conversation about the sharing economy. So, what is it exactly?

 

Are you ready to join the gig economy?

Posted by Silvernest Team on Aug 5, 2017 11:40:05 AM

Targeting Older Workers

Los Angeles-based Tengia connects seasoned workers to opportunities in industries they know well. Whether you miss having a place to make a contribution each day or need a paycheck, the goal of the company is to connect older workers with meaningful work.

 

When to Think About Independence vs. a Loved One’s Safety

Posted by Sandra Hughes on Jul 12, 2017 10:38:49 AM

She had been living in a gated retirement community in a condominium that she purchased after my father’s death. Shortly after moving there, she stopped driving and gave up her car, but remained quite independent. She regularly took a bus to the grocery store and to do her other errands. She was quite involved in the retirement community activities, had quite a few friends who also lived in the community and nearby, and was quite happy. Everything seemed to be fine until I started to notice that she was anxious and worried about money.  One day, she said that she didn’t have any money in her checking account and needed to move money from her savings account. That revelation was the beginning of quite a journey!

 

Financial Independence Means Having a Plan for Retirement Income

Posted by Jerry Golden on Jul 10, 2017 9:48:00 AM

Maintaining your financial independence throughout your life is dependent on the plans you make to create retirement income.

 

When you are working, you have to decide how much to put aside for your retirement savings account. You have to plan for your kids’ education, you plan for owning or renting your primary residence, and to take care of your insurance needs, plus a whole lot of other decisions.

 

Silvernesting: A Feature by Jane Wells of CNBC

Posted by Silvernest Team on May 16, 2017 12:16:31 PM

“The roommate business is booming!” Jane Wells, CNBC

Seven Things To Do with Extra Income

Posted by Silvernest Team on Apr 26, 2017 10:10:14 AM

What would you do with an extra $700 per month?