How to Money · Friday, July 17, 2026
The podcast discusses the practicality of renting or borrowing items that are infrequently used, such as specialized tools or formal wear. They highlight services like ToolBanks and the concept of borrowing from neighbors as cost-effective and environmentally friendly alternatives to purchasing. This approach is framed as a way to access goods without the long-term commitment and expense of ownership.
“And those situations we should consider renting or borrowing those items. Kate and I were talking through maybe doing some some yard projects here in the spring, and you know what would be foolish is if I went out and bought a little mini bulldozer literally like a little front end loader. Because we're talking about.”
“But generally speaking, I don't think that this gets talked about enoughing Obviously, renting a front end loader or something like that as a fairly extreme example, but for instance, borrowing an article of clothing that you'll probably need only once isn't taboo. It's awesome. But that being said, there are other places that you can borrow from as well. And I guess my mind's in the space of tools and whatnot, but there are tool banks out there. You can look up local tools dot org and locate ToolBanks near wherever it is that you live, and honestly, just libraries in general, I think those are worth mentioning as well, looking to some of the different options that are available to us, and to be honest, they are options that you pay for with your taxes, and so these are resources that are available to us, and I think we should all take advantage of more often.”
“I think we've kind. Of gotten a way from asking friends to borrow stuff, and the more we like reincorporate that, the more money we can save. But I'll say it's like a community building effort too, where we just like start to borrow from one another more regularly. I think that's just a healthy way to live.”