The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00453

Submission Number:
00453
Commenter:
Zachary Smith
State:
Illinois
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
My name is Zachary Smith. I am a millennial and like most millennials I carry a substantial burden of student debt. I come from a blue collar family and like most Americans was taught to go to school work hard and get a job. I was fortunate enough to land a job with a well paying salary or maybe even more appropriate I simply got "lucky". Quickly I learned I was in a rat race. Living paycheck to paycheck to make my monthly $600 student loan payments. I have a career, but it was time to get another job. My mind raced to find a solution to help conquer my mountain of student debt. AIRBNB? I was very suspicious at first. But after closing my eyes and taking a leap of faith I found my solution. Not only is this allowing me to live a comfortable and happy life but I believe my guests find a sense of satisfaction knowing that they are not only finding a place to rest their head but are contributing to someone's education. Which I believe is the best investment either for yourself or to someone else.