Many Americans dream of living in a beautiful home that looks inspired by featured houses in magazines, but getting the keys to unlock a white, picket-fenced home involves a winding, expensive journey. Not all people have the financial means and living conditions to afford single housing, but hope is not lost! If you’re in a financial bind, other housing options allow people with unique needs, incomes, and lifestyles to find their own cozy abode.
Instead of pushing forward amidst the urban housing crisis, living with roommates in a shared housing offers everyone a safe oasis where they can feel at home, all while saving hundreds of dollars worth of money. Splitting on the rent, groceries, and even furnishing to liven up the lackluster space will be easier when you have roommates to share the financial responsibilities of a homeowner.
Why It’s Worth Living with Roommates, No Matter Your Age
Benefit #1: Save on Rent
Sometimes, the most obvious realization can still pack the most impact. In the case of shared living, it’s expected that you’ll be saving on rent, but do you know how much it can change your life knowing that you can have enough breathing room in your pockets?
Shared living in New York, for instance, can save you a whopping $1,000 each month. This gives you enough extra to dedicate to other things in your life—be it to build your wealth on the side or even go for higher-end apartments with your roommate to experience luxury for less.
Benefit #2: Save on Living Costs
You can live comfortably and have enough to set aside for your savings when you split the rent, even more so when you share all the living costs from apartment-related bills, furnishing, utilities, supplies, groceries, and more!
The fact that you’ll be equally dividing your financial obligations means that shared living with roommates is a money-saving opportunity of a lifetime. The best part? With all the costs split, you and your roommates have more money to spend on better living arrangements—be it a more luxurious apartment, high-quality finishes, top-end appliances, and more.
Benefit #3: Always Have a Friend Close By
When life gets too tough to handle, you never have to feel alone in your apartment, drowning in debt as dark clouds fill your mind. Living with roommates promotes a lively and convivial environment, so anyone can find a family in each other’s company.
How is this money-saving? Living with roommates means you’ll be cooking for more people now and sharing meals, which is undoubtedly cheaper compared to the costs of cooking for one. Not to mention, you’ll be rich with newfound friendships by the end of it all!
The Bottom Line: The Financial Wonders of Living in a Shared Housing
Whether you’re strapped for cash, struggling with disabilities, a veteran who can’t commit to a permanent home, whatever reason behind your difficulty in, unlocking the doors to your dream home shouldn’t stop you from making the most of shared living.
Home is wherever your heart is, so living with roommates in a shared house setting makes it possible for anyone to feel like a homeowner—minus the financial burden that comes with it.
Are You Looking for Shared Housing in Stanislaus County, CA?
Finding a comfortable living space is an expensive journey, but if you’re not ready to settle down into a home you can call your own or even an apartment, then it’s worth finding your temporary abode in rooms for rent.
Stayhaven Homes can give you a safe haven without breaking the bank with our shared housing services, so get in touch with us at 209-280-0776 and see how we can help you live in a community that strives to put an affordable roof above anyone’s head.