Families Discover Creative Ways to Save Big Money
After losing their business to the recession, Carl and Hari decided to make a drastic move... out of their 3-bedroom home, and into what they call their "Tiny House" -- a 168-sq. ft. home.
Moving their family from a 1,500-sq. ft. home to such a small space was a major downsize, but one reaping big savings. Their space is small and insulated, resulting in an electric bill of around $40 a month. They have also been able to bank Hari’s entire salary each month. Their “Tiny House” is part of their bigger plan to build a mortgage-free home. That home will still be small, but Hari says it will be large enough to at least find space to be alone (and perhaps add a bathtub).
How did the couple build their "Tiny House" for so little? Carl says they scoured Craigslist for materials, using many donations and secondhand items from friends.