Would You Trade Your House For A Motorhome?
These days, people are willing to try just about anything to improve their quality of life. They’ll work longer hours, move to a different country, and even start their own businesses, just for a shot at living the life that they imagine for themselves.
Now this experimentation has reached new heights. Instead of living in regular homes, many families are toying with the idea of spending their lives in an RV instead.
But is this the right thing to do? In this post, we take a look.
Selling Your House To Live In A Motorhome
Selling your house to live in a motorhome offers a lot of benefits and relatively few downsides. Perhaps the biggest perk is that you can tour the country, living in new spots as and when you feel like it. If you get tired of a particular area, you can move on to another one. You can also go to places few people ever venture to. Your home is nearby so you have more freedom than the average person tied to a particular city or job.
Then there’s the financial aspect. Touring local campervan showrooms, you’ll notice how affordable many modern vehicles are. Selling your house will easily finance your purchase and provide you with extra money to fund your adventures.
You can also make money from your home’s equity by investing it in the markets. Over time, it’ll generate a passive income that you can use for supplies and food.
The Importance Of Having A Financial Plan
Of course, if you do sell your house to live in an RV, you need a financial plan. While motorhome living offers advantages, it doesn’t really make sense if you are tied to a particular location. The whole point of the lifestyle is so that you can roam the country, looking for new places to explore for weeks on end. It doesn’t make a great deal of sense if you need to commute into a big city five days per week.
You also need to think about your source of income. Most people live in cities for access to work. But when you live in an RV, keeping it downtown isn’t ideal or possible. Therefore, you’ll need to arrange your work so that you can take it anywhere.
How you do this depends on you, but mostly you’ll be working online. You can hop from city to city, offering services locally, but this type of work tends to be less reliable long-term.
If you’re retired, it’s a different story. However, you’ll still want to consider your health. Living an independent lifestyle might not be possible if you have a chronic medical condition.
Going Minimalist
Ultimately, motorhome living is for people who want to become minimalists and leave consumer culture behind. You have to have a passion for nature and everything that it offers to experience RV living at its best. Cycling, hiking and sailing should all be activities that you enjoy while you are out on the road. It’s about leaving the trappings of the world behind and just doing your own thing.