Getting Started with Semi Passive Income through Turo

Real Life Planning Podcast

In Episode 39, Vekevia Tillman-Jones shares her journey into semi-passive income through Turo, a peer-to-peer car-sharing platform, and how it became a flexible addition to her family's financial strategy. She explains the practical steps, low barriers to entry, and key considerations for anyone looking to start a similar venture while balancing a busy lifestyle.

"We felt like the barriers to entry were pretty low, at least from the standard when you compare it to other business ventures that we might have gone after." - Vekevia Tillman-Jones

This week on Real Life Planning Podcast:

💡 | What questions should you ask yourself before starting a business? [00:03:04]
💡 | Why was Turo the right fit for Vekevia’s family? [00:04:23]
💡 | How did they prepare their car for sharing on Turo? [00:06:56]
💡 | What is their plan if the business doesn’t work out? [00:07:25]
💡 | Can car sharing fit into a busy lifestyle? [00:09:08]

Takeaway Quotes:

"...the flexibility to even pause your business for just a moment. It's not shutting down your app and shutting the doors to your business, because this business lives on.” - Vekevia Tillman-Jones

"I think that working with a financial planner, you can decide on what amount of money you need to be making and what's going to work for your household and your goals and your future, then you fit this passive income into that strategy.” - Vekevia Tillman-Jones

About the Real Life Planning Podcast

Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.

The ReaL Life Planning Podcast is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.