Saving money and living comfortably don’t always go hand in hand, but people do find ways to accomplish it. Sometimes all it takes is thinking a little outside the box—getting a job that allows you to travel the world or swapping out a traditional mortgage for more creative, less costly home ideas.
Take this couple in North Carolina, for example, who gave up living on land to move into a floating cabin and apparently saved $27,500 annually by doing so.
According to Good News Network, Sarah Spiro, 27, and her boyfriend, Brandon Jones, 40, break down the math: Their one-bedroom floating home, which they bought in March 2021, originally cost less than $30,000. The pair then spent two months and $23,000 renovating, for a total initial investment of less than $50,000. And now, they pay $2,500 a year to live on the lake. Yes, you read that right. $2,500 a year. They used to pay that much per month on their combined individual rents.