Tiny House: The Budget
The budget for our tiny house is $31,000. We might end up being over in some categories and under in others, but our goal is to complete the build for $31,000 or less by October 15th.
The budget for our tiny house is $31,000. We might end up being over in some categories and under in others, but our goal is to complete the build for $31,000 or less by October 15th.
I try not to take myself too seriously, but I like to do things BIG. I don't usually make small adjustments... Case in point, why make budget cuts to be debt free when you could sell your house and build a tiny house instead?
Dave Ramsey talks about the basic 5 that you need to cover in your budget before anything else: food, clothing, shelter, transportation and utilities. We were so excited about being debt free that we talked about paying off the student loans with the funds from selling the big house before funding the tiny house project.
If I had a nickel for every time someone has asked us "why not just get a camper/RV/mobile home/park model/double wide?" I think we would be done funding the tiny house project.
Absolutely not. In fact, I should apologize to anyone I've ever accused of being a hippie because I'm about to embrace everything from recycled water to a composting toilet.
Where did all of this stuff come from? These bins and boxes that fill our closets, cabinets and crawl space. I don't even know what some of it is.
How long can you really live in such a small space as your family and children grow?