How to Beat the High Cost of Living

Step-by-Step Guide

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   Step 1: Consider a roommate.

   If you have an extra room, try subletting for a few months of the year.
   
   In large cities, you can do this without taking on a roommate for a year lease.
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   Step 2: Rent out your extra space with Air bnb

   If you get good reviews, you may get more business. , If you find yourself working from home or employed by a flexible company, consider Arkansas, Texas or Tennessee.
   
   Look for the lowest cost of living with the best job prospects in your field. , You may fall within the income threshold.
   
   Authorities suggest paying no more than 30 percent of your monthly paycheck on housing, otherwise you won’t be able to afford other necessities. , By using the same company, you can get a discounted rate on all these necessary monthly expenses.
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   Step 3: where vacationers rent your couch

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   Step 4: living room

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   Step 5: bedroom or house for a slightly lower rate than a hotel room.

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   Step 6: Consider moving to a city or state with a lower cost of living.

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   Step 7: See if you qualify for low-income housing.

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   Step 8: Bundle your home

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   Step 9: car and other insurance.

Detailed Guide

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