ITS MY HOUSE: Clever, simple ways to use your home to make money

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Times are financially tough right now; food and fuel prices are increasing and rising interest rates mean homeowners will be forking out more on their bond repayments.

And although many people are trying to make ends meet by taking on side hustles or second jobs, demanding work and family commitments plus lack of time and/or disposable money make this impossible for some. This means they are living the same lifestyles in the same homes with the same monthly incomes, but needing more money to survive. As a homeowner you may therefore have to find other ways to afford the increases on your home loan repayments.

Fortunately, there are some ways you can do that without taking on a second job, or even doing much work: let someone else pay the extra on your home loan instalment. Your property can bring in the money to cover your bond increases if you think creatively.
8 Nov 2022 1PM English South Africa Business News · Investing

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