Consider alternative living arrangements from "summary" of Quit Like a Millionaire by Kristy Shen,Bryce Leung
If you’re serious about achieving financial independence, one of the biggest expenses you need to tackle is housing. Traditional housing, whether you’re renting or buying, can eat up a significant portion of your income. That’s why it’s crucial to explore alternative living arrangements that can help you drastically reduce this expense. One option to consider is house hacking, where you live in one unit of a multi-unit property and rent out the others. This way, your tenants essentially pay your mortgage for you, leading to a significant reduction in your housing costs. Another alternative is co-living, where you live with roommates or in a communal living space to share expenses. Not only does this save you money, but it also allows you to build a sense of community and support network. If you’re willing to think outside the box, you can also explore unconventional housing options such...
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