Episode 167:  Beggar's Bowl 24 - Selling Cars episode artwork

EPISODE · Jul 23, 2023 · 2 MIN

Episode 167: Beggar's Bowl 24 - Selling Cars

from The Trackless Path · host Jonathan McCormick

This is the beggar's bowlThe weekly edition of my podcastWherein I highlight one economic principle of the new lifeAnd beg for spare change.I've thought about this for yearsBut it may be an idea whose time has come.Here it is:What if the goal was not to get aheadInstead, what if we tried for zero?Here's what I mean.Transportation: the second largest expense for modern families.And I am not a fix-it-man. Perhaps you are not either.And so a vehicle is a hole to put our money in.So what if, instead of buying a car and nursing it along, I buy a car each quarter?The State I'm in will allow me to sell four cars per year without a dealership license,So, I buy a car, and then next quarter, I buy another car.Now I have a spare. But I put the first car up for sale before it needs repairs.When it sells, I don't try to make a profit, though that would be ok.I simply try to make at least as much as I paid for it.And then I do it all again, four sales per year.And if I am careful to find good deals,I could even eliminate my fuel costsBy charging a few hundred dollars more than what I paid.Remember, I am not in the car business.I have more important things to do.But selling a car each quarter wouldn't be too bad,And it could completely eliminate my transportation costs.More likely than not, I would grow wise in choosing carsAnd eventually, come out ahead.And if my family needed it, I could spend the profit on them.Or God may have a different plan for the increase.If so, then it would still work out for my benefit,Since to serve him is to lay up future rewards.And whether they come in this life or the next,I come out ahead.If you find the things I say here usefulPlease consider contributing 50 centsThe links to do so are in the description.https://www.thetracklesspath.com/donate.htmlVenmo: @thetracklesspath

Episode metadata supplied by the publisher feed · Published Jul 23, 2023

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Episode 167: Beggar's Bowl 24 - Selling Cars

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