The core idea of the sharing economy is that you can put the things you own to work by renting it out to others. In this movie, Jane Barratt give tips on how to make the most of this societal shift. For city dwellers, car sharing, through businesses like Zipcar, is a great way to avoid the costs of parking, service, registration and insurance. AirBnB allows for people to generate income through renting out some, or all of their homes.
- There's no question that the economies of the world…are changing at an extremely fast rate.…A century ago, when the industrial revolution…made manufacturing the cornerstone of the economy,…products and services became available for a mass market,…and the prosperity of the world grew exponentially.…Since then, much of the world…has consumption-based economies.…Growth was assured by constantly increasing…levels of purchases.…Since the post-war boom of the 1950s until now,…individuals and family consumption…has been the source of growth.…
Expanding populations needed places to live,…appliances, food, clothing, and technology.…But recently, something has changed.…The ownership culture has shifted a little,…whereby people are rejecting the notion…that you need to own all your own stuff.…And if you do own stuff, you can put it to work…by renting it out to others.…This is the core idea of the sharing economy.…In the U.S. right now, every second household…is struggling with credit card debt,…so the widespread adoption of…
Jane Barratt
Amanda Clayman
Updated
6/30/2017Released
7/1/2016Skill Level Intermediate
Duration
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Introduction
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July 2016
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Little green lies2m 33s
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The new frugality2m 58s
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You're having a baby3m 7s
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How to get financially naked2m 50s
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August 2016
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Prepare for back to school3m 17s
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Education savings plans4m 44s
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The sharing economy3m 7s
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How to avoid hidden fees3m 56s
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September 2016
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Socially conscious investing2m 27s
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Debt repayment fast track3m 54s
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Money management styles3m 31s
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October 2016
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Ride financial ups and downs2m 23s
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November 2016
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What to do with a windfall2m 54s
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Postgraduation decisions3m 54s
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All about loans4m 24s
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December 2016
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Asset rich and cash poor?3m 12s
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Global traveler money tips3m 42s
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January 2017
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How to start investing2m 37s
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Make a budget that works3m 10s
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Create a virtual portfolio2m 21s
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February 2017
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Prepare for tax return time3m 17s
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Money myths busted3m 45s
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March 2017
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Money-toxic friends5m 52s
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April 2017
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Protect what's yours3m 42s
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Work/life balance3m 10s
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How to ask for a raise3m 11s
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May 2017
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Improving your credit score3m 55s
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Budgeting blind spots3m 19s
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Buying or renting a house3m 24s
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June 2017
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Working with professionals2m 55s
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Letting go of money mistakes3m 40s
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401(k) and IRA3m 14s
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Young risk3m 23s
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Lifelong money learning3m 17s
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Video: The sharing economy