DiscoverOptimal Finance Daily - Financial Independence and Money Advice3331: Buy Your Freedom; Rent the Rest by FIRECracker with JLCollinsNH on Smart Choices for a Free Life
3331: Buy Your Freedom; Rent the Rest by FIRECracker with JLCollinsNH on Smart Choices for a Free Life

3331: Buy Your Freedom; Rent the Rest by FIRECracker with JLCollinsNH on Smart Choices for a Free Life

Update: 2025-10-26
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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.


Episode 3331:


FIRECracker challenges the conventional wisdom that owning is always better than renting by sharing a personal story of how car-sharing saved thousands and reduced stress after a nasty accident with a white van. With sharp humor and financial insight, she makes a compelling case that renting both cars and homes can lead to greater freedom, fewer surprises, and accelerated wealth building, especially in high-cost cities.


Read along with the original article(s) here: https://jlcollinsnh.com/2016/10/21/buy-your-freedom-rent-the-rest/


Quotes to ponder:


"Renting lets you get ahead, because you don’t need to take the financial risk to maintain a physical asset."


"The costs of owning are WAY higher than people think, and the worst part of these expenses are they are often unexpected."


"Stress free and predictable. That’s the key to freedom."


Episode references:


Enterprise CarShare: https://www.enterprisecarshare.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

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3331: Buy Your Freedom; Rent the Rest by FIRECracker with JLCollinsNH on Smart Choices for a Free Life

3331: Buy Your Freedom; Rent the Rest by FIRECracker with JLCollinsNH on Smart Choices for a Free Life

Optimal Living Daily | Diania Merriam