With the current economy we have to think smarter but it’s not always about working harder. How do you get more value from the things you already own?
You have sold off some things on Trade Me, but what about the other things that you only use occasionally? The tent you use once a year, surfing you might take up again, baby gear…just in case! You really aren’t ready to sell them for a fraction of their value so how can they make you money and not just take up space?
There’s an astoundingly simple solution. Share them with people who need them. There are things we use occasionally and there are people with things they need occasionally.
People aren’t always comfortable borrowing regularly so hiring/renting from each other and sharing resources is a very practical way for you both to save and make money. We don’t need to own everything we need.
Hire Things provides online platform for communities to rent and share easily and safely. Called person to person renting or peer to peer rental this is a relatively new trend that is seeing significant growth as people look to monetize their assets.
Here are just a few examples of how this could work for you.
Peter has hired out his family tent regularly and has made more money than he paid for it! Better still he’s going to keep hiring it out and keep making money from it. The people hiring it could take their family camping without spending heaps of money on getting all the gear. Buy for $900 or hire for $160? Not a difficult choice.
Rhonda has set up her own toy and party hire business online which has enabled her to stay at home with her children and not return to work.
Sam hires out his photography equipment to fund buying more gear – which he then hires out when he’s not using it! This has given him a regular income.
So have a look around – what can you hire out? List them online and start looking through some holiday brochures…