Is It Smart To Outsource Your Chores?

The video discusses the rise of the convenience economy, highlighting various on-demand services like Instacart and TaskRabbit. It explores the historical context and growth of this economy, driven by technology and changing demographics. The video differentiates between leveraging services for investment and using them as luxuries, emphasizing the importance of financial awareness. It warns of hidden costs in services like Instacart and advises prioritizing savings for retirement over current comforts.

What does the text suggest about the economic implications of luxuries versus leverage?

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Why is it important to track the costs of ondemand services?

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