Furthermore, the blockchain makes it possible to remove third-party intermediaries who essentially are there to guarantee that a transaction has indeed occurred, and there by adding unnecessary costs to the transaction. 

In the meantime, focus on saving, building your credit, and limiting unnecessary debt.

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, you should sit down and assess your personal finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

Dear Dawn, embarrassment is unnecessary.

It may seem like a large and largely unnecessary expense to hire a bookkeeper to set up your software and your accounting systems, but it is absolutely necessary.

Just seems unnecessary, not to mention the bigger risk, which is that you likely wouldn’t even know for certain whether it would be completely legal.

Spending money on something like a lease agreement may seem unnecessary, but whatever you spend will be far cheaper than having to hire an attorney should a problem arise.

If you have a seller financed note, get a servicer, enjoy life, don't stick you neck out to take unnecessary risks and having to constantly keep up with current collection practices. :)

@Ned Carey Thanks for the reply.I agree with you on adding the cost and complexity, which may be unnecessary hassle and expense.

Don't shoot in 4k, it's totally unnecessary, just use UHD, it will look better on Youtube.