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The Personal Finance Podcast

DIY Peloton: How To Build Your Own Smart Bike For Less (Under $400!)

The Personal Finance Podcast

Andrew Giancola

Business, Entrepreneurship, Investing

4.7 • 1.4K Ratings

🗓️ 14 October 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

Episode 23: DIY Peloton: How To Build Your Own Smart Bike For Less (Under $400!) In this episode we cover:  Why Buying a Peloton Will Actually cost you $22,000 What you need to build your own How to Stream Peloton Workouts to Your Bike  The best accessories  The best Bike for your Budget  DIY PELOTON ARTICLE WITH PICTURES Want to build your own DIY Peloton? Check out all the gear you need here! RESOURCES: M1 Finance Best Place to Invest  Personal Capital Free Wealth Management and Budget App  CIT BANK (Best Savings Account) ** Some links may be an affiliate link and we earn a small commission at no extra cost to you. We only recommend products we truly believe in.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

On this episode of the Personal Finance Podcast, we're going to talk about how you can make a

0:05.2

DIY peloton and how you can build your own smart bike for less. Thanks. What's up everybody and welcome the personal finance podcast. I'm your host Andrew

0:31.8

founder of dollar after dollar

0:34.0

and today we're going to be talking about one of my most popular articles ever

0:40.0

on dollar after dollar and it's an article that shows you how to build your own peloton,

0:45.3

and how to do a DIY peloton or how to build your own smart bike. And what's the reason I wrote this article?

0:50.3

What's the reason for even considering this instead of spending money on something like a Peloton?

0:55.0

Well, what it really comes down to and you're going to see the massive difference between the price of what I built, which has the same qualities as something like a peloton.

1:03.7

But the real reason is, if a name brand doesn't bring you value, if the name brand of something,

1:09.7

any item that you have doesn't bring you value,

1:12.4

then what you really want to do, especially if it's

1:14.5

this expensive, is you want to find ways to hack it, because there's so many life hacks out

1:20.9

there that people just don't know about. And a lot of people who have bought

1:24.2

a peloton bike after I told them what I did and how much I actually paid for the peloton

1:29.4

bike and they've seen my peloton bike in quotations peloton it's not a peloton bike then they've said I cannot

1:34.7

believe I spent this money much money on a peloton when I could have just done what you did and

1:39.1

pretty much got the same exact benefit from it.

1:43.6

A lot of people right now, as I'm recording this,

1:46.3

are starting to build home gyms.

1:47.8

And a lot of people still aren't going to the gym.

1:50.0

They want to work out at home.

1:51.4

They want to have an option to be able to work out at home, but they don't want to spend the high massive price on a peloton.

...

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