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The Clark Howard Podcast

06.01.23 ROAM: The Nomad Renter Lifestyle / The Free TV and The Catch

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 1 June 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

There are those among us who live to travel. Clark breaks down nomadic lifestyle scenarios from remote workers to retirees, like his brother & sister-in-law, who SAVE MORE being nomadic pros, unencumbered by house or automobile. It can be done! But it's not for everyone. Also, A free big screen TV is now available - not a scam but of course, like other free services past & present- there’s a catch. The Nomad Life: Segment 1 Ask Clark: Segment 2 Free Big Screen TV Offer: Segment 3 Ask Clark: Segment 4 Mentioned on the show I work remotely from vacation rentals. It's cheaper than rent or a mortgage — here's how I find good deals and choose where to go next. Verizon Wireless Introduces New 'myPlan' Unlimited Plans T-Mobile 5G Home Internet: 5 Things To Know Before You Sign Up Discover it® Cash Back Review: Earn Rotating 5% in Top Categories Chase Freedom Flex℠ vs. Chase Freedom Unlimited®: What’s the Difference? Policygenius Review: What To Know Before Getting Quotes Telly’s wild idea: Free TVs with inescapable ads Telly I The biggest thing to happen to TV since color. Pluto TV Review 2023: Get Live Streaming TV For Free How To Plan a Trip: Clark's Best Travel Tips To Save Money How To Spot and Avoid Gift Card Scams 4 Things You Should Always Pack in Your Carry-On Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you here to the Carc Howard Show, our

0:08.3

admissions to serve you and empower you to make better financial decisions in your life.

0:14.0

Today I want to talk about something my brother and his wife have actually been doing for years.

0:22.0

They have no home. They just travel around the country and rent a place. Right now as I speak,

0:33.0

they're renting a place in beautiful Park City, Utah during the off season.

0:40.0

And their lifestyle may not be something you want to think about if you're working remotely or retired.

0:48.0

But I want to tell you the advantages potentially of doing opposite land owning no home and being free to live wherever.

1:00.0

I want to talk to you about the pluses and minuses. And later, oh, this is so a flashback to a different era.

1:10.0

How would you like a free television? I'm going to tell you what the catch is and it's not a scam.

1:17.0

So my brother Gary and his wife don't hold this against them. They're both retired lawyers.

1:25.0

Six or seven years ago now, they decided to sell their home and become nomads.

1:35.0

And a lot of people might have an RV or something like that. Now what they do is they just travel.

1:43.0

Their closest place to a home is in Northeast Florida.

1:49.0

And they spend roughly half a year in Northeast Florida.

1:54.0

But again, they don't own a home. They're every year for all these years.

2:00.0

They rent a place not through Airbnb typically. No, they've never done Airbnb.

2:07.0

They find local real estate agents who in in beach communities, a lot of people own places they rent out.

2:15.0

And they find a place they can rent for whatever length of term.

2:19.0

They just gave up a place that they had a seven month lease on. That's what the landlord would give them.

2:25.0

And they stayed there for seven months and then went to Utah where my sister-in-law is from.

2:31.0

They're now living there. I talked to my brother just yesterday and I said,

2:38.0

So Gary, how long are you going to be in Utah? So we rented this place for five weeks.

...

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