Podcast Summary
Airbnb hosting as a profitable side hustle: Hosting a space on Airbnb can be an easy and profitable side hustle, allowing individuals to monetize what they already have.
The speaker, an author and Airbnb host, emphasizes the ease and potential profit of hosting a space on Airbnb as a side hustle. While other side hustles may require significant startup costs, hosting a space on Airbnb allows individuals to monetize what they already have. The speaker also expresses her enjoyment of using Airbnb to rent out her cabin when she goes away to write, alleviating her concerns about her house being empty. Additionally, the speaker discusses the upcoming shopping holidays, Black Friday and Cyber Monday, and expresses her wishes for larger discounts and benefits during these times. Overall, the speaker highlights the benefits of Airbnb hosting as a flexible and profitable side hustle and the excitement of upcoming shopping holidays.
Shop Early to Avoid Delays and Cancellations: Shop early for gifts to avoid supply chain issues, don't buy just because items are on sale, make a list and budget, consider local shopping, look for flexible shipping options, and be open to alternative gift ideas.
This holiday season, it's crucial to start your shopping early and be mindful of sales. Supply chain issues have caused delays and cancellations for many orders, so buying your presents now gives you the best chance of receiving them on time. Additionally, while sales can be tempting, it's important not to buy items just because they're discounted. Instead, consider your actual need for the item and its long-term value before making a purchase. Here are six specific things to keep in mind: 1. Buy your holiday presents early to avoid supply chain delays and cancellations. 2. Don't buy items just because they're on sale, consider your actual need for the item. 3. Make a list and budget for your holiday shopping to avoid overspending. 4. Consider shopping locally or from smaller businesses to support your community and avoid potential shipping issues. 5. Look for items with flexible shipping options or consider alternative delivery methods, such as in-store pickup. 6. Be open to alternative gift ideas, such as experiences or digital gifts, to avoid potential shipping issues and provide immediate gratification.
Focus on Practical Items During Sales: Instead of wasting money on unnecessary purchases, prioritize practical items during Black Friday and Cyber Monday sales. Make a list, sign up for loyalty programs, and be strategic to save on electronics, appliances, and more.
Instead of wasting money on unnecessary purchases like excess massage chairs or coin bears, focus on practical items you need, especially during Black Friday and Cyber Monday sales. Electronics and appliances are common categories for deals. Consider your needs and make a list before shopping. Sign up for early access to loyalty programs for better deals and earlier access to inventory. Be strategic about loyalty programs, as there's no shame in signing up and unsubscribing later. Lastly, don't wait for Cyber Monday, as Black Friday and Cyber Monday deals have merged, and you can find significant savings on both in-store and online purchases.
Black Friday and Cyber Monday Deals Stay the Same: Shop early for deals, support local businesses with reviews, consider online shopping for safety, and plan ahead for the best deals this holiday season.
Retailers are keeping the same deals for Black Friday and Cyber Monday this year, which means if you want something on sale, it might be best to buy it on Friday before it sells out. Another important tip is to support local businesses by leaving positive reviews, even if you can't make a purchase. Additionally, due to the ongoing pandemic, consider shopping online to avoid crowds and long lines, as most retailers offer Black Friday prices both in-store and online. However, if you prefer to shop in person, there's no risk of not receiving your purchase since you'll be taking it home with you right away. Overall, be thoughtful about your shopping decisions and plan accordingly to make the most of your holiday deals while supporting local businesses and prioritizing safety.
Make a spending plan for the holiday season: Create a list of desired gifts and necessary purchases to avoid impulse buys and ensure the best value for your money during sales events like Black Friday and Cyber Monday
During the holiday shopping season, it's essential to have a clear spending plan to make the most of sales events like Black Friday and Cyber Monday. By making a list of desired gifts and necessary purchases, you can avoid unnecessary spending and ensure you're getting the best value for your money. Remember, taking advantage of sales should align with your financial goals, not lead to overspending. Happy shopping! This discussion emphasized the importance of having a well-thought-out spending plan during the holiday season, especially when it comes to taking advantage of sales events like Black Friday and Cyber Monday. By creating a list of desired gifts and necessary purchases, you can avoid impulse buys and ensure you're getting the best value for your money. Remember, the goal is to make smart financial decisions, not to overspend. So, channel your inner Santa, make your list, and stick to it! The producers of Spend My Money Rehab include Morgan La LaVoy, Mike Coscarelli, Nikki Itor, and Will Pearson. The show's mascots are Penny and Mimsy. Special thanks to Michelle Lance for her development work, Katherine Law for her production and writing magic, and Brandon Dicker for his editing, engineering, and sound design. And as always, thank you for tuning in and taking steps towards improving your financial situation.
