Ep 40 - Middle Class DILEMMA to Rent Your Time or Rent Your Assets
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Trying to stay in the middle class, we all have choices on how to make money.
We can rent out our time, in the form of wages. That covers everything from working for the government…to big multi-national corporations…right down to the small, mom & pop business. But in every case…we have a boss…a manager…someone that controls your time.
Or you can rent out your assets. Like your home…or a few homes like my friend did. Or your car, and become a delivery driver. The downside is that assets depreciate…they get old…and there’s the cost of constantly maintaining things. Like if the pipes leak in your home…or if your car needs a new transmission.
And if you can’t find a warm body…if an app just won’t cut it…then innovation in the form of Artificial Intelligence kicks in. Necessity is the mother of invention!
But using rented assets can have some unexpected results...
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