While this probably isn’t a current option for many people, living out of an RV and traveling with a motorhome can be a great way for you to save yourself money you would otherwise be spending each and every month. So for those who can either currently work remotely or are planning to retire in the next few years, here are three ways you can save yourself money by choosing to live in an RV full-time.
Less Monthly Expense
Like was mentioned previously, the monthly expenses of owning and maintaining a stationary home can be very large. From your monthly rent or mortgage to utilities, taxes and more, just simply putting a roof over your head can take the biggest portion of your paycheck. But luckily, a traditional living situation isn’t your only option.
According to RoadLessTraveled.us, not only are these living expenses vastly reduced or completely gone when living in an RV, but you also don’t have other monthly expenses like lawn maintenance, HOA fees, and the time and money it takes to commute each day. Although there are other expenses associated with RVs, those can be relatively small compared to these other expenses if you do it right.
Making RV Modifications
Once you’ve made the decision to live full-time in your motorhome, you will still have some of the same expenses that you needed to pay for when you lived in a traditional home. Some of these may include electricity, food and insurance. However, if you make certain modifications to your RV, you can reduce these expenses considerably. One way to do this, according to Rene Agredano, a contributor to DoItYourselfRV.com, is to install a rooftop solar power system on top of your motorhome. This will give you the freedom to power your own RV without having to pay for a parking space that also requires you to pay for electricity.
Simplifying Your Life
If you choose to live entirely in your motorhome or RV, you will have to simplify your life in order to either fit all your belongings in your vehicle with you or in a storage unit. AxelAddict.com shares that this act of simplifying will save money in two ways: by selling your items you will no longer need for your RV life and by no longer having to maintain such a large amount of posessions. For example, you won’t have to pay for periodic oil changes on multiple vehicles when you don’t have them anymore. If you have property and need to store your RV, especially if you are not using it consistently, then you may want to look into RV Garage Buildings to help keep it safe and secure when you are not actively using it.
While having this way of life save you money all depends on your spending habits and standard of life, living full-time in an RV or motorhome is a definite way to cut costs. Use the tips mentioned above to help you make this decision.