While listening to NPR yesterday, I learned more and more people are making extra money by letting complete strangers (Yikes!) drive their cars for a fee. The people who are renting out their cars are doing so through car-sharing start-ups.
A college age woman told NPR she makes an extra $150 a month. That’s $1,800 a year. Nice! Before you start making money off your ride, here are some things you need to know to protect yourself and your wheels.
I share five must read blog posts about saving money every Friday.
Women’s skills are profitable for companies. So why is it that CEOs are not scrambling to attract and retain female employees? (DailyWorth)
Renting a car? Before doing so, read about 6 car rental rip-offs to watch for. (MoneyTalk News)
Start gearing up for the summer heat. Here’s how to buy a window AC unit. (Fabulous and Frugal)
What’s better: being self employed or having a 9 to 5? Before deciding between the two different work lifestyles, compare these four factors to make the best decision for YOU. (The Digerati Life)
Could you eat for $4 a day? Donna did! She had three meals plus snacks on what the government considers a limited budget. (Surviving and Thriving)
Perhaps as a sign that going car-less for Lent is a good idea, yesterday for the first time I saw a bus go by my house. I can’t pretend to need a car when there is a bus route at my doorstep, can I?
Didn’t think so. Where I was in doubt about this sacrifice, you had none. Other than Linda O., commenters unanimously want me to ditch my car keys.
Final answer? I’m going car-less for Lent, which starts Wednesday, Mar. 9 and ends on Easter Sunday, Apr. 24, 2011. (The end of Lent is debated, but I’m sticking to Easter). During my auto fast, I’m allowed to drive my car on Sundays, which is another issue hotly debated among Catholics. I’m not religious, so instead of giving up a sin for Lent, my twist is that I’m giving up a financial sin.
Owning a car is a financial sin? One calculation shows that driving takes $7,095 out of my community each year. Not only is that a lot of money leaving my pocket, it is a lot of money leaving my community. By riding my bike, I’m improving my health and reducing my pollution output. By taking the bus, I’m supporting local economy. By taking a taxi, I’m really supporting the local economy.
Just one problem. During my auto fast I have a business trip to Los Angeles. I no longer have a functioning bicycle in Los Angeles, so I may have to rely on buses. Or, I could exclude business needs from my fast, just like I did during my no-spend month, which means I could rent a car in Los Angeles.
Would renting a car on a business trip during my auto fast be cheating?
There are 11 freebies and coupons total today!
Today only! Free glasses – If you missed this yesterday, today CoastalContacts.com is giving away 5,000 pairs of free glasses to CA residents!
Free ice cream – On Valentine’s Day from 3-6 p.m., Marble Slab Creamery will be giving away free ice cream. Yum!
Free DVD rentals – Here’s one nice Valentine’s Day freebie. Send a card through Redbox and get a free movie rental coupon!
Free phones – T-Mobile is giving away free phones (with a few catches) Feb. 11-12, 2011. Stay tuned for details! (more…)