What are the economic and cultural benefits of tourism. What are the downsides to too much tourism. How to find the right balance. Topics covered include: Show Notes International tourism revenue, percent of GDP - Country rankings—The Global Economy U.S. Travel and Tourism Satellite Account for 2017–2021 by Sarah Osborne—Journal of US Bureau of Economic Analysis 2023 Short-Term Rental Mid-Year Outlook—AirDNA Welcome to Hochatown, the Town Created by Airbnb by Julie … [Read more...]
57: Live Like A Local When Traveling
Hacks to live like a local when traveling including how to rent homes using Airbnb.com. In this episode, you'll learn: How we rent private homes and apartments through Airbnb.How to find cheap airfares.How to find an empty row for sleeping on overseas flights.Why leasing a car in Europe can be economical for extended travel.Why driving can be more economical than public transportation. Show Notes MNY024 discussing the economics of timeshares. Airbnb Airfare … [Read more...]
MNY036 Plus: Pockets of Wealth and Three Investment Legs
In this week's Money For the Rest of Us Plus episode, I discuss how as we get monetary wealth our time wealth and mobile wealth can fluctuate. In other words, we might have pockets of time when we can travel and then return to working. I also sharing the three legs of investing and their hierarchy. Diversification comes first, followed by adjusting our exposure to stocks based on market conditions. Finding undervalued baskets of securities is third in the hierarchy as adjusting our … [Read more...]
