Sometimes, you should reduce the size of the costs. It is very common for retirees to reduce their costs to give their eggs more miles. However, reducing costs can make people comfortable to stay low instead of paying the challenges.
For this reason Redditor feels anxious Her brother wants to finance RV Because the rent is very high. Brother is married and has children, and this decision can reduce costs while granting him ownership of assets. However, Redditor is not sure if it is a good idea.
“My intestine told me that this is a poverty trap,” Raditur explained.
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The other Redditors jumped in the comments to exchange their ideas about financing a mobile housing vehicle.
RV Living has grown since the epidemic because of its ability to withstand and flexible costs. The Reddit Personal Finance Community has suggested that RV get a few years old to save costs. The new RVS is more expensive, and it also has high insurance and maintenance costs.
However, the brother will have to buy RV less than 10 years. Most of the long -term RV gardens will not allow you to stop your RV there if it is more than 10 years old.
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Living in RV may be a trap for poverty if the brother does not have the goal of having a house in the future. There is a greater goal that can inspire you to work more seriously and put yourself in a better society.
Although every RV community is different, it may feel comfortable having a mobile housing and abrasion with this setting. We do not know about the level of ambition or the people who surround it. However, if he is not surrounded by ambitious people, it is unlikely to become more ambitious than it is currently.
This mentality can also help the brother when RV definitely needs repairs or collapse. RVS does not last forever, and RV gardens can boost their rents at any time. Most RVS can last from 100,000 to 300,000 miles, with a group of 10 to 30 years.
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Although RV Living has risks, it can be a great idea if you deal with it with the right mentality. One of Reditior explained in the comments that they know the doctors and nurses who lived in RVS for two to five years to save money. Then, they managed to become debt free and buy their dreams.
https://media.zenfs.com/en/Benzinga/d79caaa464b81618b188ca783bf75a9b
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