Dipping Into The Sharing Economy

The sharing economy operates on peer-to-peer exchanges. This allows people to have an enjoyable lifestyle without owning the stuff they would like to use. With the unemployment rate at its lowest in 50 years and nominal wage at its highest in a decade, the American economy is thriving. However, the cost of living is outpacing wage, preventing Americans from living a great lifestyle.

Real wages haven’t increased in decades and it is becoming harder for the average American to save money. In 2018, 2 in 3 Americans couldn’t afford a summer vacation, contributing to general societal unhappiness.

Money can influence happiness by fulfilling your needs and desires and reducing stress when experiencing hardships. The key to happiness is not only having money, but spending it wisely. Anticipating and participating in a planned experience are great approaches to buying happiness as the experience feels newer and richer.

Buying and owning are things of the past. In fact, 86.5 million Americans will use the sharing economy by 2021, so take a head start. Vehicle-for-hire services, on-demand lodging accommodations, and rechargeable scooters are among popular sharing resources. Save your lifestyle and contribute to global sustainability by sharing assets. Almost half of millennials prefer purchasing experiences rather than things. Treat yourself - and save money - join the sharing economy.
Infographic Source: https://www.swimply.com/sharing-economy/