This Business News Story Was Uncovered By Us From: http://www.youngadultmoney.com/2018/12/10/living-situation-affordable/
This exclusive industry related news Piece, was selected personally by Marcus lee, who is one of our undercover online business News flash reporters – will provide you further insight in how these points of views could be translated into your own business Launchs.
Housing costs are one of the most expensive parts of any budget. In fact, according to the US Bureau of Labor Statistics, the average person spends 37 percent of their take-home pay on housing-related expenses – ouch.
Whether you’re looking to pay off debt, save for retirement, or simply more wiggle room in paying the bills, most of us could certainly use an extra five to ten percent of our take-home pay back in our budget. You can do so by lowering your cost of living. Here are four easy ways to make your living situation more affordable.
1) Consider Where you Work
Should you live close to where you work, even if it’s more expensive? Well, it really depends.
Take where I live for an example – Seattle. It can cost hundreds, if not a thousand dollars more per month to live downtown near the city center. In comparison, places outside the city can be bigger and more affordable, while still having plenty of conveniences. In this case, living further away may result in additional time and money spent commuting, it may still be cheaper in the long run.
While that’s an extreme example, you can likely see similarities to where you live. It’s almost always more expensive to live downtown or in a popular business area because everyone wants to live there.
However, many of my friends in Seattle work and live downtown. They pay higher rents, but they forgo cars in favor of walking everyw… Read More
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