4 Tips for Living in a Small Space February 24, 2014 by AJ Smith Credit Living in cities is expensive. But what can make parting with that monthly rent more painful is you get so little for such a big number. Living in tiny apartments is pretty much the norm in places like New York City or San Francisco. To afford to live in these places you usually have to give up amenities like backyards, closets, and sometimes even a separate space to sleep. While some grouse about limited space, others embrace it. Here’s how to maximize your small living space. 1. Reasons to Live Small After years of racing toward the McMansion, some people like the idea of the simple life. How complicated can it get in 400 square feet? Empty-nesters may want to shed now-unused rooms. They don’t want to pay for space they don’t need. For others, it’s about the environment – wanting to have a smaller footprint. For some, it’s purely financial. They want a place to live but want to pay as little as possible. The average person spends about 30% of his or her paycheck on housing. That’s a lot of money that could be freed up. By embracing a smaller, less expensive space and cutting costs, it could offer the financial freedom to travel more or retire earlier. Here are some tips to live big in a small space. 2. Prioritize Your Things Micro-living means you must downsize. If it doesn’t fit, it can’t stay. It’s great that you have a ton of hobbies, but how many have you outgrown? When was the last time you used the item and how often do you really use it? Ask yourself some tough questions, and be ready to sell, donate or throw away some of your stuff. It’s hard to part with some things, especially sentimental items. You may want to start with some stuffed closets. Put the things in boxes or bins and fill the closets. If you haven’t opened or even thought about the stuff in 6 months or a year, it’s probably safe to say goodbye. This works for clothes as well. Just because the jacket from high...
Posted on: Fri, 04 Apr 2014 23:15:06 +0000
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