There is no denying that housing is the biggest monthly expense for many people. For this reason, it’s very important to figure out better ways that will help you save money for housing.

Here are some housing options that can help you save a significant portion of your income every month :

Nanny or Housekeeper

Even though this housing option might not be very popular among some people, it can be a great way for you to save money on housing. House sitting basically involves you hiring yourself out as a house sitter for a given individual or family.

In this housing option, you agree to do some of the chores around the house when the owners are away in exchange for free housing. These chores include watering plants, mowing the lawn, feeding the pets, cleaning the house, and keeping an eye for any trespassers or burglars.

You’ll find out that most homeowners usually seek house-sitting services when they know they will be away from home for a significant amount of time. They could be headed on vacation, a business trip, living in another state, or visiting their relatives.

This living arrangement is particularly very popular in the big cities where renting or purchasing a home is very expensive. To become a house sitter, you’ll need to be a responsible person and at the same time have impeccable references.

Roommates

One of the best and most effective ways you can save money on housing is by sharing the cost with someone else. Coliving basically means that you and another person rent a house and share the cost of rent and other utilities.

It’s not a must for you to share any relationship with the person you’re coliving with. In this living arrangement, you and your roommate will share common spaces like the kitchen, living room, and entertainment room while having separate bathrooms and bedrooms.

If you’re lucky, you and your roommate can find quite an affordable space combined with other great amenities. You can find housing options that typically include roommates, whether you are looking for rental properties in Denver, Colorado, or Bloomington, Indiana apartments, there is no shortage of options.

This is because the apartments are affordable, spacious, pet-friendly, and they have free internet and cable and a swimming pool to top it all. While this living arrangement isn’t so new, it has become increasingly popular among the young people in the big cities in the United States.

However, coliving is practiced in other cities as well. When recruiting a roommate for this kind of living arrangement, you can refer from local magazines and newspapers on the sections with people looking for affordable housing, or reach out to people you have been introduced to in the past.

The best thing you need to do before taking any roommate is to ensure that you interview them and listen to your gut about who might be the best candidate from the shortlist.

RV

If you’ve ever thought about leading a nomadic way of life, this can be a great housing option for you. The important thing to understand about living in an RV is that they’re much smaller than a traditional home.

However, as much as they’re smaller, they also cost way less than what you’d pay for a deposit on a new home. For this reason, if you’re looking for an affordable housing option, you might consider purchasing An RV and remodel it, or you could get one that is already remodeled.

This depends on your preference and the amount of money you’re willing to spend on your new housing arrangement. The best thing about an RV is that it is mobile, which means that you can move around from one city to another without a problem.

However, you might want to consider the rent you’ll be paying for a parking space. This applies if you don’t have your own land to park on.

Conclusion
Finding a housing option that will help you save your monthly income isn’t such an easy task. However, the most important thing to bear in mind is that opting for a cheaper housing option means that you have to be ready to give up some of the space or freedom you were used to in your previous housing.

How These Housing Options Can Help You Save by Regina Thomas