While many retired clergy choose to enjoy their well-deserved season of rest, some seek ways to continue nurturing their spiritual calling.
With inflation lower than last year’s stratospheric levels but still pretty high, growing your savings may have dropped down a notch or two on your to-do list. Nonetheless, building your nest egg is crucial to financial wellness.
Most of us have heard the tried-and-true suggestions for personal finance:
Whether you already use these two techniques or not, you may still find it challenging to save more. That’s why it pays to think outside the box when it comes to increasing your nest egg – especially when many Americans are feeling the financial pinch. This two-part article will focus on lesser-known or unconventional ways to grow your savings. In part 1 of this article, discover some tips you may want to consider involving technology, the sharing economy and living the thrifty life.
Harness the Power of Technology
Embrace the Sharing Economy
Rent Out Your Space: If you have an extra room or a vacation property, consider renting it out using home rental companies and their platforms. Through this practice, you can generate additional income to boost your savings.
Carpool or Ride-Share: Share commuting costs by joining a carpool or using ride-sharing services. Splitting expenses with others can significantly reduce your transportation costs.3
Have Fun with Fringe Benefits
Adopt Frugal Living Strategies
Watch for part 2 of this article in the next issue of Tomorrow.
MMBB does not endorse the companies or products mentioned in this article.
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Translations of any materials into languages other than English are intended solely as a convenience to the non-English-reading public. We have attempted to provide an accurate translation of the original material in English, but due to the nuances in translating to a foreign language, slight differences may exist.
Las traducciones de cualquier material a idiomas que no sean el inglés son para la conveniencia de aquellos que no leen inglés. Hemos intentado proporcionar una traducción precisa del material original en inglés, pero debido a las diferencias de la traducción a un idioma extranjero, pueden existir ligeras diferencias.
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