For the past five years, I've been doing my damnedest to avoid paying rent. Given, I'm quite nomadic and largely avoid leases for the purpose of geographical freedom, but you might be surprised just how much time rent can cost you in a year.
I don't particularly love articles full of numbers and perhaps you don’t either, but these are eye-opening numbers. Bear with me as we begin with a little math.
For the purposes of this article, let's say your rent, utilities, and other housing expenses total $800 a month. This is a pretty frugal figure, as the average cost of rent alone for one bedroom apartment in the United States these days is over $1,000. So, at $800 a month, you're well under that mark, and you managed to work your utilities into that number too. Well done.