Own Nothing, Rent Everything?
Manage episode 438137407 series 3561532
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In this week's episode of the Last Paycheck Podcast, CFP professionals Archie and Rob Hoxton talk about the concept of owning nothing and renting everything. They explore the lifestyle of individuals who have embraced full-time renting to maximize flexibility and minimize the burdens of ownership. They discuss various rental scenarios from everyday items like clothing and tools to larger investments like RVs and homes, weighing the advantages and potential drawbacks. Rob shares his personal experiences with rental tools and the idea of renting golf clubs, while Archie brings his perspective on controlling monthly cash flow and long-term costs. They conclude that while this lifestyle may not be for everyone, combining strategic renting with ownership could offer a balanced, cost-effective approach to living.
Find the Wall Street Journal article here - https://www.wsj.com/personal-finance/renting-lifestyle-economy-cars-furniture-clothes-b7329a4a?st=tbwqjdq162ff2tn
Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com
Watch on YouTube: https://youtu.be/amNler3-0mw
Listen in on conversations with CFP Professionals Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it’s excitement, anxiety, or anything in between, this show is for you.
Visit: http://www.thelastpaycheck.com
Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.
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