The Incredible $8,000 Tiny House: Serious Savings Strategies For a Tiny House
We recently posted a story written by Wesley called “The Incredible $8,000 Tiny House“. This post quickly became one of our most popular articles ever. Wesley has even developed a bit of a fan club because after all, who wouldn’t love someone that built a hOMe inspired tiny house for just $8,000!? If you haven’t read it yet, jump over now before reading this follow up. Also, when you are done with this article, hop over to his new website and say a big “Hello” to Wesley! He is one of the kindest and most generous people and is really thrilled about being able to inspire others on a strict budget to go tiny. Below is a follow up to the question of how he was able to afford to build his tiny house on a $13/hr income.
SERIOUS SAVINGS STRATEGIES FOR A TINY HOUSE
I would like to start off by saying thank you to everyone for all of the wonderful comments on my last article. It is because of your comments and interest that I started a website to help everyone get motivated to start their tiny adventure! The website is Lovingtinylife.com. Come check it out!
Now, on to the real reason for this follow up article. A lot of people may be wondering how it is possible to pay for a tiny house build, their current rent, and all their current bills with a low income job. My answer to this is to knock down current bills, and rent as little as possible so that the majority of your income is focused on your home. My wife and I had a $600/per month rent, a phone bill over $100/month, electric bill of about $160/month, and car insurance of about $100/month.
Building our dream tiny house was absolutely not going to happen with all of those bills towering over us (and I realize that these bills are low comparatively). Our solution to this problem was to build a very inexpensive tiny house to live in temporarily while we built our dream house. I bought a used travel trailer frame for $500 and got to work. Our first tiny home was 24′ long, with a 7-8 foot ceiling. There were no lofts, no appliances, and no hot water. We had a 5 gallon bucket compost toilet with Pete moss, and one small sink. We used a convection cook top, a mini fridge, and we did our laundry at my mother-in-law’s house (which was quite simple seeing as though we were parked in her driveway).
With this transitional tiny house we were able to cut our rent down to $0/month, and electric bill down to $40/month. I got rid of my Verizon smartphone plan and started using an old flip phone that I had in storage. We also sold one of our cars which gave us extra cash and a lower car insurance bill. After we tackled all of our bills, we were able to focus the majority of my income on our dream tiny house.
I understand that this is an individualized circumstance, but I thought an example like this might encourage people to get creative and realize that nothing can get in the way of a tiny house dream. Well nothing except for excuses.