Use 'sharing economy' to help pay your bills

Mood of the Market

If you read the news in the world of business and technology, you might have seen mention of a new trend that is rapidly snowballing into a movement. Some call it the sharing economy, while others have deemed it collaborative consumption or the access movement, but the upshot is that a rapidly increasing number of companies are creating ways that everyday people like you and me can connect with other people to use or share things, homes and services.

From high-end clothes to children’s clothes, home solar systems to college textbooks, there are now a number of ways you can access and use these things wihout buying them outright, new and at full price. These companies tend to provide tech platforms and communities that make sharing, borrowing and even buying from peers safe, convenient and often more affordable that buying the item outright from a retailer.