You've heard the phrase, "It's not personal, it's business." But as people start to share everything from their bedroom to their dog it can, and often is both. So what is the sharing economy? A personal exchange of goods and services, sometimes for free, sometimes for money.
Think couch surfing, where homeowners allow people to sleep on their couch or in their spare bedroom for free. Or AirBnB where you can rent out your house or apartment. Or the Phinney Neighborhood Association's tool library that allows you to borrow tools without a fee. Or new services that allow you to rent out your car. There is even a co-op to share dogs. Ross Reynolds talks to listeners about their experiences, both good and bad, in this new sharing economy.
Vancouver Sun political correspondent Vaughn Palmer brings us the latest news from Canada. And it turns out Canada doesn’t want a coal port either. Then, film critic Robert Horton asks the question: What does it mean when something is “directed” in a movie? Also, Seattle Times economy columnist Jon Talton explores how the sequester cuts will affect our local economy.
The oldest of the baby boomers came of age in the 1960s and are beginning to retire. Their younger cohorts are still putting kids through college and building careers. Baby boomers are a giant portion of the population — 78 million people, by one estimate.
They grew up in an era of rising living standards, but the Great Recession destroyed any sense of financial security — and many nest eggs. Financial planner Tim Maurer outlines a variety of issues boomers face.
Who is a baby boomer, and what defines their financial situations?