Ep. 227 | How to Turn your Vehicles into Assets and Liabilities
The Family Teams Podcast
Jeff Bethke
4.9 • 729 Ratings
🗓️ 15 January 2020
⏱️ 7 minutes
🧾️ Download transcript
Summary
Jeremy and Jeff discuss turning your vehicles into assets.
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Transcript
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| 0:00.0 | man, because I actually hate cars. Like, I hate them. I can't stand how they're just, they're a waste of |
| 0:05.2 | time. They're a waste of energy. They're a waste of money. You just sink money into them. |
| 0:13.2 | What's up guys? Welcome to Five Minute Fatherhood. So have you ever thought about turning your |
| 0:18.0 | vehicles into assets instead of liabilities? One of the really cool |
| 0:23.6 | things about the way that our current internet economy is structured with sort of the sharing economy |
| 0:29.6 | is that it's possible to take the things in your life like your house, we've talked about that, |
| 0:34.8 | to podcast on that, and turn them into assets so that you're |
| 0:38.0 | generating some income. One of the reasons why we talk about this and why we're excited about it is |
| 0:42.0 | because for a lot of dads, with young families, you're constantly trying to balance how in the world |
| 0:48.8 | are I going to bring enough income in a way that's going to help me spend more time with my family. |
| 0:54.0 | Is there ways for me to take some of the things that, |
| 0:56.5 | some of the assets that we are generating kind of in this early stages of family, |
| 1:01.3 | you know, turn those into assets that can produce income, |
| 1:03.8 | and then create more freedom for the family, more integration. |
| 1:06.7 | And so Jeff has been experiencing or experimenting with Turo, yeah, where you can like post your car, like car sharing. |
| 1:17.0 | Talk to us about. Yeah, it's basically like Airbnb, but for your cars where you basically |
| 1:23.1 | personally list your car and then people can rent it just like a rental car company. |
| 1:26.9 | There's insurance and all. It's a great platform from a professional side there's insurance it's there's all they |
| 1:31.4 | have great service great customer service and yeah they're kind of disrupting the car rental |
| 1:34.9 | industry where i think they're kind of doing what like it's very um they're they're kind of |
| 1:40.0 | pushing back against all the annoying stuff people hate about rental car companies right where there's |
| 1:43.0 | there's not all these hidden fees the price that it is the price that it is. You know, it's super convenient, way more seamless than I like getting on a shuttle and doing all this paperwork and it's digital and easy and native and it's just way more seamless. So yeah. And then on Maui, like granted, we live at a place that is really great for it. and we have a lifestyle that's great for it. We work from |
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