This is the beggar's bowl

The weekly edition of my podcast

Wherein I highlight one economic principle of the new life

And beg for spare change.

I've thought about this for years

But it may be an idea whose time has come.

Here it is:

What if the goal was not to get ahead

Instead, 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 costs

By 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 cars

And 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.

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