I Paid $90,000 - Did My Tiny House Cost Too Much? The Financial Side of Things by Year 8

[@allentowngal4769]

Next to impossible to judge someone else's financial decisions until you walk in their shoes. My house after 23 yrs became a liability due to high taxes and maintenance, even though I was only 3 yrs from paying it off. I SOLD it all and now travel fulltime in a new(er) RV. Paid cash. No debt. Debt free is the GREATEST ASSET I'VE EVER HAD!

[@dawnbaker9274]

You have a rent-free home. You didn't have to sell your home when you moved. You didn't have to buy another home when you moved. You have saved yourself a lot of headache and $$. So you did good, imo.

[@willymags123]

That's exactly how I see it. I spent that much money on rent alone. Why not have my own. If you're happy, it's worth it. That's all that matters.💙

[@chrisstepleton4761]

You did what you needed to do and that is what matters. No one has walked in your shoes. Happiness is priceless! Thank you for sharing..

[@cindyjean3208]

I am very impressed with your well thought out explanations… You are an inspiration… God bless you snd Clay as you build your new life/home together… One thing you did not mention… Living in your tiny house allowed you to live a wholesome country lifestyle…and have a pet…and experience nature… To many of us, living a wholesome country lifestyle is invaluable!!! Thanks for your channel. You are appreciated 😊

[@moirahorton5167]

Although you always seem to be a person who doesn't need material possessions. I'm sure living in the tiny house has physically kept you from collecting 'stuff'' and thus has saved you money in that way as well.

[@MomentsDivine]

Totally agree!

[@eileensvarczkopf1914]

Ariel, so glad your fridge is back in its proper place.

[@swatisharma9006]

You made a very wise decision. Beyond the benefits of the rent money you saved, the asset that you now own; you also exercised the option to put the house on the land you bought. Traditional houses would not give that flexibility. Stay Blessed 😇

[@cedarrockcabin3633]

Most importantly, are you happy with your decision? I just watched a video of a gal who was paying $800/mo 5 years ago for a tiny narrow apartment in Tokyo. In the end it did not belong to her. Personally, I wouldn't care for her apartment but it completely suited her needs and was worth it to her. As you've mentioned, rent and homes are grossly expensive in your area. IMO, I think Fy Nyth was a deal!

[@johnnycharles319]

Hi 👋 Joanne how are you doing? Merry Christmas 🎄🎁

[@maryhart637]

Happy to see that your fridge is back in it's place!🤗 Thanks for your thoughtful and in-depth look at tiny house financing 🌈

[@nancyhowell4505]

This is off topic, but I remember when you received that lovely crocheted afghan from one of your followers. I have been so glad to see you using it every time you're just doing a talk! Still looks good too. 👏👍👍😊

[@papajeff5486]

The bank got its money back. You got a good house. Win, win. You have evolved to be a joy to the world, a good risk. We’re better for it. Thank you, Ariel. Texas

[@laureltownley1817]

Had to come to your channel to see if I’ve missed something. 4 weeks since you posted! I hope all is well with you and yours.

[@mcfloater1171]

I paid cash for my condo in 2018, super risky , I bought it and moved to a new state pretty much sight unseen, ( just a real estate video and my research of schools and etc ) , it has doubled in its value over the last four years and I have the security of living there with my son and myself mortgage free. It has given me the freedom to work the job I really love and all my salary goes to savings and living expenses , not mortgage or rent. It was the best life decision I ever made . Watching your videos is so informative and down to earth. Best wishes in 2022 to you snd your husband !

[@kasession]

Your work ethic and self discipline is extremely impressive. God Bless You.!!!! 🙏🏿

[@PES32086]

Ariel- Are you able to go photograph your old clearing this winter with the snow on it and no more tiny house? I love your new property and watching you develop it, but not gonna lie - I miss your old clearing immensely.

[@indie825]

Ariel, you gave an excellent explanation of your decision making process on purchasing Fy Nyth. There are multiple facets to the process. Your age, earning ability, goals/life style, skill sets to maintain the item, location, location, location and economics of the area you live in need to be taken into consideration. It's not a one size dream fits all.

[@lindadelzer423]

Love your tiny house. So pretty. May sound like alot, but like you said, if you rented for that time, you'd have nothing. And...you still have the house, and it's yours. Congrats for paying off so quickly. I did the same thing. Well worth the sacrifice.

[@johnnycharles319]

Hi 👋 Diane how are you doing? Merry Christmas 🎄🎁

[@Pinetree282]

As much as I enjoy your videos, I appreciate when you take a break. Followers don’t always realize how hard it is to put out a quality video. Everyone needs a break from demands now and again. So many channels get caught up in pleasing people and burn out. Wishing you and Clay a happy holiday!

[@LinrudOwiee]

Thanks for the info on the costs and benefits. Excellent money management in my opinion.

[@johnnycharles319]

Hi 👋 Catherine how are you doing? Merry Christmas 🎄🎁

[@gbs7144]

Some places in some states do NOT allow you to live in a rv or any type of mobile home even if you own the land. Scary but true. Ie... Many parts of Colorado for one.

[@rachelfrees1268]

Smart lady. You are a hard working lady and enjoying every moment. Our log cabin was paid off many yrs ago. The upkeep plus insurance etc etc cost a lot. When my husband died, I sold it within 2 yrs and now rent.

[@nwnanwna-md4cj]

Very well articulated argumentation. And apart the financial aspects, it allowed you to live in a wonderful place, experiencing seasons fully. Even if you had found a flat for a rent the same as your loan, I doubt the location would have been comparable.

[@jeffstumpf9129]

An excellent lecture on home finances. I even understood it, so most folks should. The biggest issue in personal finances probably is applying self-discipline in spending.

[@margaretgosnell8281]

I love your tiny home!! Have been watching a few years and watch your videos Everytime you post. Good you you!!!

[@roadwarrior9422]

One of your best videos. You did an excellent job getting the point across. Wish more people had the same common sense.

[@Lisboooa]

You are such an inspiration ☺️ Such a grounded soul. Your house is beautiful and served you well.

[@glendasmith7507]

I love to follow your tiny homestead adventures. You are a wealth of knowledge and I thoroughly enjoy your videos. Thank you

[@riverunner9978]

I’m fascinated by your surrounding land it’s like prairie . Beautiful. I’m in heavily forested mountains in the NE.

[@brendamcelyea1246]

Ariel, you are a force to be reckoned with! You go, girl!!!👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏

[@PlannerMemaw]

Another financial consideration for many tiny house owners is the fee to rent a parking space for it. I am fortunate enough to be one of those lucky people you spoke of where I could buy a house cheap.

[@tworley210]

There are several ways to look at a tiny house such as yours. First off, you've grown to love it and that matters. Clay could have whomped such a thing up for far less but his expertise was not available when you needed to escape rent. There is something else again. $500 a month, $6000 a year and in 8 years you've saved $48 thousand in rent. WoW!! Rents a huge in your area. A matter of personal choice. I hope you manage to pay it off and then it becomes sweet indeed. God Bless, Merry Christmas.

[@alicecain4851]

It's been paid off for 2 years. She paid it off in 5 years instead of 15 years with no penalty for paying it off early and saving herself $20,000.00 in interest payments. Did you not watch the whole video?

[@wildrose37]

She did pay it off, years ago

[@wildflowerwind6941]

She paid it off.

[@tworley210]

@@wildflowerwind6941 Yea, I commented too early. So, it doesn't matter what it cost. It's paid for.

[@divinewrath3142]

I live in upstate NY, rent is anywhere between 900-1200 for a tiny (and often rundown) studio apt. An RV with the comfort and amenities you have is well over 120k. So yes, 90 k is a lot money, but not when it comes to housing. Especially since it's now yours. & Lets not even talk about taxes.. I pay 7k a year to live in the home we paid for. My next home will be a tiny house, on a nice little slice of land.

[@JEMCochran49]

You made finances interesting. For me, that is impressive...I hate doing anything financial. When I got married I told my wife... I'll make the money...you pay the bills....works out great.

[@JESUSlovesyouall]

Ariel you are a powerhouse of fortitude. I've always loved how while watching your videos, I've learned to live simply and enjoy life more. Your example of living "tiny" has and continues to inspire me. GOD bless you and Clay as your journey continues ♥️

[@AnnAndNala]

Thank you for sharing this valuable information. I am in a similar situation that you were in prior to purchasing your tiny-home. It's time for me to make my move as well. You've created a really beautiful paradise and are in inspiration.

[@madelinevegas8123]

I Love tiny living keeps my 2 kids from coming back home. And its adorable.

[@DE2borknot2b]

😄😄😄😄

[@barbaragoodman1789]

Totally agree with you about a sticks n bricks home being a liability, I just wish my husband agreed. We purchased a home 3 months ago( not our first my any means ), after selling our last home, we spent 6 months in our RV traveling, the money we saved was awesome, but now we’re in debtors prison again, husband just had to have another house. Maybe one day I’ll have my tiny home 🤞🏻

[@bsod5608]

You did the right thing. Ive been building a tinyhome by myself. it takes a lot of time, but it will finish far under 90k. But ive paid for a small cottage for a long time too during the build... life is full of choises. You make the right choise for you. Good luck ariel

[@sebxiou-lfsy]

Arial, Happy Christmas and a Happy and Healthy New Year to you all. Take care and, hopefully, "see" you in the New year. (From the UK).

[@kaitc3877]

Happy new year to you!! Miss seeing your videos pop up!

[@CC-xk6cp]

Hi again ARIEL You've always been a smart gal making good decisions and choices from the early years when I started watching. You've worked so hard and now truly deserve enjoying every fruits of your labor... Even though I can't comment as regular because of tough health issues I do try to stay caught up with what you're doing. Really proud of you for all you've learned and accomplished already in your life! Thx as always for all you've shared along the way that have given me soo many smiles. Stay safe and catcha again soon.

[@TheKlh54]

If one could find land for cheap or free a tiny home would make sense. I love that you have a paid off house. I looked into all my options including tiny homes and ended up in a small condo. We all have to do what makes sense for our particular situation. You were wise with your money. Thank you for sharing your experience!

[@marirose19]

Excellent vid, Ariel! Ty so much for sharing this detailed info. And yes the super benefit of your tiny house was finding Clay. I’m so glad you have each other. This may sound silly, but I know I’m not the only person who’s curious about your skirts. I absolutely love the one you’re wearing in this vid but you have others that your viewers have been wondering where you got. Maybe, knowing you, you even sewed them yourself. I would love a vid just about your skirts if you think that’d be worthwhile. BTW, I know Tumbleweed built your home & they’ve changed mgt so you’ve not been able to say how they are these days. It turns out I’ve seen two or three relatively recently that were quite nice & the owners were very satisfied w/the customer service & craftsmanship. They slept in the lofts but in each I saw there was an extra room on the 1st floor with loads of storage & a good size closet that could easily fit a king size bed & definitely a queen size bed; each owner said they might convert that area to their bedroom as they age. The tiny homes did look nice but I’m not sure they were THOWS. They looked like very well-made mobile home but I’d have to go to Tumbleweeds website to learn more. Anyway it does seem as though they’re trying to maintain a good reputation. I think they have 5 models to choose from but you can customize each as you wish if I recall correctly. I think they are THOWs bc I’m pretty sure they were in spacious mobile home/RV parks w/lots of trees & beautiful nature, not like where you live of course but good for the elderly women who bought the houses I saw. Have a Blessed Winter Solstice & very Merry Christmas! May 2022 be your best year yet!🌟🎄💛🌀

[@3rubberboats]

See your fridge is back in its normal spot. Must have fixed the leak. Thanks for sharing. Have a wonderful day.

[@marydomitrovic3468]

Ariel, I miss your videos, I hope all is well and I’m sure you and Clay are busy but let us know that you are both safe with just a short Christmas greeting! Merry Christmas to you both!

[@gigiw.7650]

I hope and pray that you and your sweetie are well. Lots of love and appreciation! 💖

[@ronvalderrama5765]

You bought a home, the lifestyle is well worth it.

[@alladreamwedreamed]

You have such a level-headed approach to all things. Thank you for another great fireside chat. That's such a pretty red skirt!

[@sarahaugustine4185]

Future thinking is a gift and you have it. I had my Tiny built to be moved to my father's place in TX so I could help him and his wife out. Well, that didn't work out as planned but I still have a paid for Tiny House. Eventually I will move it from TX to my next 'forever' home spot.

[@cedarrockcabin3633]

Oh my gosh. Ariel. I just watched an HGTV show of a young couple who bought a tiny home in a tiny, tiny home community in Jackson Hole with a view of the Teton's for over $300,000. Lot large enough for the tiny, a car and a side yard. It's cute & great view. Their reasons were almost identical to yours (love the area, outdoors, plan to be outside more than in. It is not off-grid, no gardening). I am definitely out of touch with the market. We have a small cabin, nothing fancy, with 2 acres in the NC mountains that might, maybe, on a good day sell for $300,000. Yes, $90,000 8-9 years ago was definitely money well spent.

[@mountainkimmie]

A few weeks ago I found myself in a miserable and exhausting situation. Out of nowhere the thought popped into my head, "What would Ariel say?" Even though I don't know her personally, after watching her channel I had a pretty good idea of what she'd say. It might have only been my own common sense talking in her voice, but it made me realize that she must be the best kind of friend to have: a voice of calm and reason that offers guidance even when she isn't there in person.

[@janied8831]

Miss hearing from you an Pray 🙏 all O k!! Happy Healthy! prosperous an Blessed 😇 New Year 2022!! God Bless Janie D🙏🙏🙏🕊

[@LilannB]

She is locked out of this account and out of her blog. She is working with google to solve the problem. In the meantime she has a channel at Odysee with this same name where she is posting new videos.

[@DarrHildegard]

Your tiny house is one of the nicest ones I have seen, very cozy!

[@kathleenfredrickson8593]

You were smart and you are sensible and know what you are doing. I applaud you and that’s why we all watch you. You are an exceptionally capable,independent, hard working woman. That makes a difference.

[@Jehale]

You made a lot of great points as usual. Have a great weekend.

[@davehogan4776]

America needs more people like you!!!! AWESOME JOB!!! A true inspiration to all!!! Thanks!!

[@gregpendrey6711]

Happy New Year Ariel and Clay!

[@jred1838]

Good for you!! I wish more young people would be aware of this video. Great advice!!

[@franklinpayero8382]

Thank God that u don't need to rent anymore. Like u because u r very strong woman and positive energetic human. U r a role model for many people out there.

[@alicecain4851]

I would still want fire insurance and other coverage, but that's me. Especially now with Clay, you could build another house for a great deal less. Congratulations on paying it off so quickly!

[@sheilavilla6707]

You did great. You worked hard, you made smart decisions and stuck to your goals. To me that is success.

[@donnamount151]

I believe if I heard u right Tumberweed built ur house...the owner, who originated Tumbleweed lived one small town away from me...I found them on line many years ago, it happened to be Apple season and as I am a canner I went to Gravenstine and checked his little house out...well built, very tiny and loved it...at the time he was not in the selling business but has grown tremendously, Never discussed price and was surprised when u said what u paid...glad u r happy with it...😁😁😁

[@Heggie42]

Even as a non tiny houser I love the logic here! So long as (a) you don't make a major mistake in your design (b) you have somewhere to park it (c) you don't suffer an illness / injury which rules out living in your tiny I really think you can't go *that* far wrong. After all, even when your tiny home has outlived its occupational use you can use it as a shed, chicken coop or other outbuilding. Like with a brick-and-mortar house you have to consider the maintenance which I think some forget about, especially those coming from a rental background. Also, I totally agree about a regular house being a liability - I have been zero income for a while and it is TERRIFYING!

[@skytechbits]

I hope the growing family at FyNyth had a nice Christmas.

[@nanchesca3950]

I think the way you did it was brilliant! I would like to do something similar but probably the opposite order, buy the piece of land and then put a tiny house or cabin on it

[@RickRose]

I have a traditional home that has appreciated, but I still consider it an expense rather than an investment. Even if it were paid off, I'd still have maintenance, taxes, and likely insurance (the value is just too high for me to comfortably "self-insure"). You've done very well, and your logic is sound. Enjoy your rewards!

[@AndreaSimone57]

Also when buying a brick & Mortar bldg there's also lots of property taxes and insurance etc, down payments, closing costs, interest on the mortgage. Comes out a lot more than most ppl count

[@chrij1987]

Hoping life is just busy and nothing more. Miss you here. Be well!

[@patgrant3741]

You sound like me. I cannot stand debt and paying interest. You saved yourself a lot of money. Smart lady.

[@TedKidd]

My aunt and uncle have a place on the Snake just north of Hoback. Crazy prices.

[@ginnylorenz5265]

What wonderful energy and strength. Inspiring. Bravo!!!

[@johnmine5609]

I paid less than $3000 for my 8x24 on a concrete slab inside a polebarn with tub / shower Propane tankless hot water heater Used Epoxy floor coating kit for the floor 2x4 walls and 2x6 ceiling /roof 2 burner hot plate Convection/toaster oven big enough for a 12 inch pizza a 3.2 cf fridge and 700 watt microwave 5000 watt ac and a oilfilled 120 volt radiator for heat. all this for under the $3000 1 bedroom condos are being built within 20 miles of me for $300k+ small 2 Bedroom apartments are $700= average new house in subdivision is $250k + for smaller 3 bedroom

[@philipjoron9626]

When buying a house a person has to figure everything and you did, most of financial advisor don't know too much,you did good ,good job.

[@jackiesiebrass3321]

Great info and good advice...as always love your video's

[@sebxiou-lfsy]

Hi Arial. Since this is a retrospective video, I have an, otherwise, unrelated question. You ceased producing videos for quite some time because of a new US law. Then (thank goodness!) you returned. But what persuaded you to return, please? Great to have your videos again; thank you as always.

[@tjeanvlogs9894]

At the begining of the dastardly virus, we down sized from a 2 bedroom house in the city to a used 32' travel trailer that has the bones needed to transition it to a wheelchair functional tiny house out on my SIL property, since we lost my health aide. Soon we will be moving onto land and we have a ready place to live as we develop our home.

[@yellowboot6629]

Thank 'YOU Ariel❣️

[@maries322]

Very informative video. Thank you Ariel!🧡

[@beezneez2056]

“You can pick fast, well, or cheap. Pick any two.” I’m going to remember that!

[@guyina4x499]

I agree 100% with 98% of what you said. I really liked the bon fire analysis.

[@sacredstonecards9051]

This was very informative. Thank you for this ❤

[@cathylynnpietranton]

Ariel like you said every ones finances are different. You did what works for you.❤

[@carolluther1625]

I think it's a wonderful idea. It's worked for you and your situation. I am currently renting and I cringe every time I pay rent. This too shall pass. Living rent/mortgage free is ideal. Frees you up with your time...

[@michelemilogetzlaff8125]

Miss seeing your video's on youtube? Am I missing something? I see you have other video's on other sources you've filmed recently but not on here? Love your video's !!

[@LilannB]

She is locked out of both her blog and her account on YT. She is working with Google to try to correct the problem. In the meantime she has a channel with this same name on Odysee on which she is posting new videos.

[@michelemilogetzlaff8125]

@@LilannB thank you, I have gone to the other site but it pixels really bad. Hopefully she will resolve this soon again thank you for telling me.

[@LilannB]

@@michelemilogetzlaff8125 There was a problem with buffering with some of her videos but she fixed that with her most recent videos.

[@HaywoodHomestead]

Great video!! You did such an awesome job with your tiny home build design and paying it off so quickly! We are about to take on a mortgage of 250k for 30 years. My goal is to pay it off in 15, and this was a boost of encouragement to do it that way, so I’m not in debt quiet as long. 😊

[@patricialynn5852]

Look at a 25 yrs. mortgage instead. You’ll pay a lot less interest and your payment won’t be much more, and still pay it off in 15 yrs.

[@HaywoodHomestead]

@@patricialynn5852 thank you for that suggestion!! I will look into it. 😊

[@joegarry8983]

Holy Moley Ariel, sure hope you never catch an itch to start a bonfire, never know where it could end up. I think you did super well paying back that loan inside the allotted period and you are now the proud owner, or you should be, of a super duper, compact, cosy little home. 90 thousand on the face of it seems a lot but I think you done all right when you take the alternatives into account, and it gave you the opportunity to make your home in a place you obviously love and want to be. Not blowing my trumpet, here goes, but I literally built my own house from foundation to end of build without a mortgage, took me nearly three years and working from sun up to sun down, seven days a week and keeping down my regular work, including tending my small farm was no easy task. Being a carpenter with most other building skills helped a lot and I suppose it would never have happened without them. Anyway it left me debt free and I am thinking of now building a cabin on wooded Island I own in the middle of a lake 90 miles the far side of Ballyremote here in deepest, darkest rural Ireland, my friends say I am quite mad and they are quite right.

[@CLFL14256]

Joe Garry, Ballyremote sounds very familiar! Greetings from Sligo, from a cottage bought with a 20-year mortgage which is long paid off. When I started off, rent and mortgage payments were roughly equal, these days mortgage payments are often cheaper than rent, if only banks would give out money. It's a trap

[@breezyvibe]

I love your channel. I live on 36 acres in Concho, Arizona that I paid 6500 for and I have a tiny home. I live for practically free. You think for yourself and you're smart. Your channel feels like home. : > P.S. My land doesn't perk. I have a compost toilet. The land next door is selling for 200K for twice the acreage I have.

[@alex31p]

Very practical and you enjoy your life and home, what more to be obtained from a dwelling.

[@jar407]

does seem high but you seem to have gotten a very nice crafted home. took the move well

[@hollyslaughter5505]

90K is a lot You have a beautiful home! I own one built by Incredible Tiny Homes in Newport Tennessee with ANSI certification. Ok now I listened to the entire video and realize your $ included transportation, solar, tax, and the wood stove. I love my THOW and use it as a rental. ITH is now including a sprinkler system in their wooden homes.

[@johnmine5609]

not going to happen in Maury county tn... unless single wide mobile home you have to have full perimeter concrete foundation

[@zoompatrol]

You are a total inspiration! Great video! ❤🙏🏻

[@SaintCoemgen]

Since I deal with finance, let me say you got a lot correct, and a little bit wrong. First, what you got right: those that said your tiny house on wheels was a bad investment were indeed wrong, for reasons you said. That is, you gained a benefit in total cost of ownership, while those complaining were only thinking of appreciation. You brought up cars, which is a good example. Another are solar panels (so many "off grid" homesteaders). Solar panels will not appreciate. They have a high cost. But total cost of ownership over time (years) means one saves money by paying less for power. Second, what you got right, did you pay too much for a 200 sq ft new RV? I would say no. And I am calling this a "RV" because for all practical, registration, and for this argument, it is an RV. Thus, a new Airstream 2021 Airstream Flying Cloud RV will also cost about $90,000. About the same square footage of 200. So you could also have gotten it quick and expensive by simply buying an Airstream. And plenty of people buy Airstreams, not to live in, but only to spend a few days a year camping in. So in my humble opinion, you made a proper purchase, especially given your loan agreement and ability to pay off in 5 years. Third what you got wrong: Assets and liabilities are actually, when it comes to making or loosing money, simply accounting tricks (see double-entry bookkeeping where every liability is also recorded as a credit). I read your links (side note: those are simply blogs with fancy names, they are not celebrated fiscal experts as claimed), and they miss one important issue: Tax deductions. Yes, I know one post said it was not relevant... but actually it can be very relevant. Combine liabilities, depreciation with tax deductions, and one can make money on liabilities. Now, tax deductions for liabilities are income dependent. So poor people will not benefit (not even close). But one liability that was within reach for many was the mortgage deduction. That is, once someone earned a reasonable middle-ish class income, then *not* having a mortgage "liability" was actually meaning that person was maybe loosing money when including their income taxes (it depended and one needed to consult with an accountant ... but the savings could be there especially since one with a mortgage is not buying only a house, but property -- different from simply buying an RV or any other mobile assets). Because the income tax savings from the mortgage tax deduction could more than offset the costs of the mortgage. It was then in many cases, but not all, actually more cost effective to have a liability in the form of a mortgage. Sounds weird, but companies do this all the time. They make/save money not paying taxes by having liabilities. Even my company does this. I am a partial owner in a company, and the company actually makes money by having liabilities. Fully legal and proper. Not really fair for poor people, but till congress amends the tax code, people with the money to pay for accountants will make/save money having liabilities. Hope this helps.

[@judyg9889]

"...people with the money to hire accountants..." There is the difference. You're in the financial field; many of us who are not, have no desire to hire an accountant even if we could. We might be losing money to some degree, but the security and simplicity of living debt free are priceless.

[@CLFL14256]

there is one very prominent example, a Mr. D.T.

[@bboice08]

I would say you maximized the situation!!!

[@MichelleCouplandHairStudio]

I’ve always loved Tumbleweed products, they are beautiful, but very brand And it’s difficult to get parts and pieces that are their size

[@MichelleCouplandHairStudio]

Specific

[@joellenbroetzmann9053]

I think that you sharing this makes others realize there are more alternatives than 2, and they should flex their brain when making their choices.

[@carolburns8667]

You are a smart person.👏🏻👏🏻🇨🇦

[@johnnycharles319]

Hi 👋 Carol how are you doing ? Merry Christmas 🎄🎁

[@puggirl415]

I don't know if it's important how much one pays. The savings is the living in it. I bought my tiny house used and despite paying under 30k for it in cash I haven't been able to realize the savings because I have no land to put it on and in California there seems to be no place safe to put it. I've been evacuated 2x due to fire and we got the tiny out each time. I'm back in the city and my tiny is in storage. Living in it is the best way to get value.

[@flynn1a]

I do agree that the house you live in is not necessarily a functional asset. You have to live somewhere. So unless you sell your house for more than what you spend on your next house, that asset is frozen, unusable. At least for you. It may be an asset for your heirs. (I guess it’s an asset in terms of credit rating.)

[@judyg9889]

Well, like she said, it's an "asset" to her even if she ends up burning it down because it has served its purpose perfectly and has already more than paid for itself. She and Clay now have the financial asset of their property and the home he will eventually build there. And of course she *won't* burn down the tiny house; it will continue to be a useful structure for many, many years. Whether or not it's "frozen" is irrelevant because its purpose was never for profit.

[@flynn1a]

@@judyg9889 Exactly. She was saying that some people disagree with her that the house you live in is not an asset. I agree with her. It’s not a technical financial asset. But it’s a plus or benefit in other ways.

[@BlacqueJacqueShellacque_]

Without having to pay rent/mortgage you can apply the money you are saving to retirement and/investments which will more than make up for any appreciation of a "normal" house. And of course the maintenance on a 200 sq foot home is going to be less than a 1500 sq foot home. I live in a "normal" home now, but am heavily considering moving into a tiny home and then renting out my "normal" house.

[@ronaldbrown1852]

You are living your dream and you are following your passion and you are happy and healthy. The only balance sheet you need in life to look at. Compare that to other lifestyles, with no dream, no passion, unhappy, unhealthy No contest.