So it wasn’t our initial plan to live in a RV, but with pricing everything we learned that we would honestly be saving money. So I immediately came up with a goal, in 6 years in the RV we will be debt free, so that’s 3 more years. Yes, living in a RV full time can be way cheaper than buying a house. I have read about many of couples and families that have became DEBT FREE living full time in a RV for a few years or more.
So obviously there are ways to do this. One way is buy new and make payments which depends on your down payment and your credit score. Most RV payments don’t really exceed $500 a month. Then there is the cost of where you are gonna put it and pay that fee as well. Which most RV parks costs are, you pay for the lot and electricity and water and cable is included. Others you have to pay all utilities. They all vary in how they charge, what they charge.
There is also boondocking, which means you fill your water tank and go out into the wilderness and only come back into civilization for dumping and refilling tanks. We haven’t done any boondocking but maybe one day! I would like to experience it. What are your thought on boondocking? Would you try it?
Another way is to buy your RV used, then you don’t have to worry an RV payment you just have to worry about the fee for having your RV at an RV Park. Or pay nothing at all and boondock, or if you have family that has some land that you can hook up to then that’s a money saver as well. I would give family a little something though.
So in the three years we have lived full time in the RV we have eliminated and paid off 3 credit cards, that were pretty high limits. So that is hundreds of dollars saved. So that money saved is now going towards paying more debt off. The RV loan and the car loan. Then we are done with debt. Even by paying off the debt credit scores go up so our next steps would be to save up for a house. So it is obtainable living an RV just because everything is cheaper in cost. What we have paid has been so less costly then a mortgage, that we could have struggled to pay, just due to all the accrued debt. So we have something to look forward to and to pursue with way less anxiety about being able to afford it. YAY to being debt free!!
So I would love to hear your thoughts….if you could, would you go full time RV living? In your opinion, do think becoming debt-free is obtainable for you, if you went full time living?
Please leave a comment and share your thoughts, and as always thank you so much for reading and I look forward to hearing from you. Hope you have a blessed day!
One Texas Sweetheart 