Download the homework for this lesson:
Do you live in one of the most expensive cities in the world? If so, what’s keeping you there? Think about whether your location is helping or hindering you.
How many square feet do you really need? Are there rooms in your house you never use? Do you like the idea of guest rooms or are you really using them more than a few times a year? Run the numbers and see if it makes more sense to put your family up in the nearest hotel than to keep empty rooms.
Are you familiar with the tiny house movement? These houses are extremely efficient with their space (and take minimalism to a new level). Maybe you can’t get on board with a tiny house, but you can get inspiration.
And translate that to your own not-so-big house. The smaller the space, the more money you have to put toward savings.
The Not-So-Big House Movement
Turn your heat down in the winter. Don’t blast your AC in the summer. Throw on a few more layers to stay warm.
- Consider a smart thermostat, like Nest.
- Figure out the insulation in your house.
- Consider getting new windows.
- Get an energy audit.