Economic Survival In Uncertain Times With Retirement Looming Ahead

7 wonders city Islamabad Are we likely to see inflation or deflation that will be the main trend in the coming decade? What do you think about Peak Oil and the skyrocketing price of energy? Will the Dollar continue to do well or will it be unable to hold its own against the twin deficits?

What’s more about  7 wonders city Islamabad how can one to prepare for financial security for the waning stages of life an economic environment that is uncertain?

This seems to be the most pressing issue facing many Americans currently.

Many conservative experts are in favour of purchasing gold. Gold is a well-liked investment among those who have money to put into it, but what if you don’t have the funds to purchase gold? What happens if you’re doing well in your financial obligations and you have some money left?

The Secret Is To Not Have Bills

Consider it. What would you do if there were no bills to pay- or when your bills were little and extremely small? This isn’t a joke- it’s a real question. Most people can get their monthly budget to less than $1000, and , if they needed to, they could live with less than $450 per month If they had the knowledge.

Make use of a multi-pronged method to reduce the burden of bills.

Your home is the place that the majority of your bills spring. If you want to cut down on bills, you have to select a home that will keep the bills at bay. It is important to choose houses that do not produce bills Your house ought to be a zero-net energy input house or close to it. You also want a well and septic tank (no costs for sewer or water), and enough space to grow a big garden and some chickens and rabbits if you want to. Organically grown, healthy food production is definitely a part of this strategy.

The last thing to consider is tax burden, and our suggestion is to find a location that you don’t have to pay more than $500 a year in property taxes for the equivalent of a $100,000 home. Make sure you consider the property tax extremely carefully. They only go up.

The most common cost is their mortgage. There are two basic ideas about how to deal with a mortgage: either pay it off fast or sell the house and downsize. The best method to accomplish it is to let the house go and then reduce it to size through the construction of your own home.

It’s the ideal moment to sell your suburban home since prices are still very quite high, even though the market is slowing down. Sell your home in the burbs now and you’ll be better off, even if the only thing you do is make a profit. The value of an asset can fluctuate, but the worth of a loan will not. In a deflationary housing environment many people are left with a mortgage much greater than what their house is worth.

Don’t Buy a House, Build It

It’s impossible to purchase a zero-net input home since builders don’t build them and the only option to get one is to construct it yourself. It is possible to build it at a high cost or construct it for a small cost and still have more or less the same house, you just need to be willing to do some of the work by yourself.

Before you begin, you’ll have to make a decision on a plan. Go through “Your Engineered House” by Rex Roberts you’ll learn all you need to know about home design to make your home your own. You can download a copy of the book free of charge through the Soil and Health online library (google it). Take a look at the sections on houses and design and avoid the parts about materials The world has changed since Roberts wrote the book in 1964.

The most important thing to remember is designing your home on one level in complete ADA conformity. You’re only going to get older even if do not plan to stay there forever the house will appreciate more if it’s easy to reside in.

If you’ve identified what you want and you’ve established a plan for your house It’s time to start collecting materials. Buy a 40 foot shipping container and then find an area to put it. It’s possible to lease someone’s vacant lot or even a place to put it. Be sure to place it on concrete blocks to ensure it’s off the ground (use plenty of blocks).

Getting Your Act Together

For the next one or two years your job is to attend every estate sale or auctions that you can discover good construction materials at low prices. Your mission is to find high-quality windows, doors, bathroom fixtures, kitchen cabinets and appliances and mechanicals (heating and air) for the house you’re planning to construct. The bulk of the expense of a house is cooking, bathroom, and mechanicals. Then there are the windows, doors and floor covering. The renewable energy appliances are costly, but it can reduce the energy bills which are likely to rise.

While you’re busy collecting building materials, you should to study everything you can find on renewable energy, super-insulating a home and building a zero-net-energy home. If you’re looking to live a life free of bills, you must have an apartment that costs nothing to reside in. This may sound crazy however, it’s not difficult to achieve.

Keep track of the purchases you make and integrate the materials purchased into the building plan for your home. Got a great deal on odd-sized windows? Make your house look great with windows that measure. Take advantage of what’s on offer for the price of pennies. If you’re willing to look, you’d be amazed at the things you can find.

When you’ve got the materials and tools, you’ll need a skilled builder to take on the work. You’ll meet the builders when you visit the sales and you must be open to talking to them. A reliable builder can help you keep costs down and will help you with “odd” requests.

After you have a great training in the field of renewable energy you’ll need to find a piece of space. Absolute perfection is an incline facing south with an all-year-round stream flowing through it with enough flow for an hydro-electric generator. You could afford to pay an extra $20,000 or more for a property like this since that’s what it will save you at the beginning. The savings will come each year with a lot of electricity for free. Don’t attempt to find property until you’ve learned about hydro-electric, wind and solar electricity generation.