About this episode
Doug chats with both his dad and Chris Rusin about timeshares and each of their experiences with them. They explore the aggressive sales tactics often used, financial pitfalls, hidden fees, the dubious resale market, harsh realities of escalating maintenance fees, and ultimately selling a timeshare. They also highlight tactics for surviving timeshare presentations and explore how timeshares may fit into broader financial strategies. Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/ Curious to know exactly what products Doug uses? Check out his Amazon lists below. *Affiliate links below, so if you buy something or spend money, we might earn a commission. That helps the show and doesn’t cost you anything extra. Thank you! Guitar Accessories Hiking & Outdoor Essentials for Sleep Need custom stickers? Of course you do! We ALL do! Order them here using our affiliate link so that we might earn a commission: https://www.stickermule.com/dougcunnington Links Connect with Chris Chris Rusin Music Chris Rusin YouTube Life Outside the Maze Chris Rusin on MHFI episode 020 Chris Rusin on MHFI episode 273 MHFI Facebook group Doug’s site Check out Producer Chris’s new blog: Epic Financial Journey — Join the Mile High FI Club – It’s the email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals. ** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles Email the show: doug@milehighfi.com 0:00 Introduction 2:43 A masterclass in sales 8:18 Analyzing the value of timeshares 15:14 Timeshare memories with Doug’s dad 21:10 The sales process 28:42 Maintenance fees & freebies 34:42 Getting rid of timeshares 41:31 Pros and cons 46:18 Opportunity cost of owning a timeshare 54:39 Soundcheck – Horseback riding