Should I Live in a Trailer To Save Money?

[Music] brought to you by the every dooll app start budgeting for free today Nate is with us in Austin Texas hi Nate how are you uh what's up guys uh how you guys doing today better than we deserve sir how come we help all right so I am actually just turned uh 30 yesterday I am happy birthday debt free oh thank you I am debt free um I am on baby step four five and six I guess um and my income is about 85 to 100,000 a year um so my question is I'm trying to save up for a house um but I was thinking of going a different route uh so I want to try and save up as much money as I can for the next two to three to four years right and I want to basically buy a piece of land and put a mobile home on it and just try to pay it off in one big chunk okay I can save up pretty much 75 to 80% of my income you're single I have a girlfriend um but you're not my point you're not married and so you don't have to talk her into living in a trailer no no no okay so yeah so uh my question is should I try and save up as much money as I can and try and just pay something off cash um if you bought a piece of land and put an very very very very inexpensive trailer on it that would mean you'd have be living rentree yeah and you could you know very quickly then save up the money to build a house and get rid of that trailer but whatever you pay for that trailer is going to be lost money so we're not talking about $30,000 and we're not talking about $20,000 we're talking about $10,000 or less yeah which ain't much dude this is not a high standard of living here yeah correct yeah your your girlfriend's not going to be impressed with your bod yeah uh so we already kind of talked about it um she doesn't really care uh where she lives um well she's not living there you are yeah but uh don't tell her this but I'm probably going to marry her uh in 2024 uh oh okay now we got a different part of the equation yeah that's what I've been naming it in this whole conversation your secret is you just ch us and 30 million people yeah there's just about 30 million of us that have to keep your secret now but anyway but the uh uh uh let me just tell you it's a whole different equation for you to live in a $10,000 trailer for four years or your wife to live there for four years and I know what she says but I I you know it's just a different equation you can count on it guys we can sleep under a bridge it doesn't bother us not me ladies are well I know that's true and you know we we get accustomed to the Finer Things We Do Ken but uh I mean I'm Motel 6 is roughing it I'm just saying but the uh she may change her mind halfway through this deal I agree with you my question is why are we why are we in a I'm not saying it's a hurry but why is this the scenario why isn't it why not why not just rent an apartment and save a bunch of money if you're going to get married I'd rent an apartment and save a bunch of money me too I don't get living out on the land I would I might live out on the land if it's me by myself just because I love the math part of it oh I no so yeah so I'm actually am running um a duplex in Austin and it's um I'm probably going to be here for the next two to three to four years uh because my rent is like insanely low well yeah just stay there with her then after you're married and just and then you don't need the trailer but just pay cash for the land and then save up and pay cash for the build I'm okay with that yeah that's not that's a no-brainer I like that better yeah that that makes a lot more sense but we've had over the years Nate we've had a lot of people that are listeners that have done the I'm going to buy a piece of land and live I'm going to build a barn with a bedroom in it a barn dominium and live in the barn while we build the house I've had people do that I've had people buy the $10,000 trailer put it on there they do that um but I always answer questions like what would I do if I were in your shoes if I woke up and I was you knowing what I know now and what I know now is Sharon's not living in that trailer yeah that's a great Point not cuz she's a snob cuz she's not and not cuz she wouldn't follow me anywhere cuz she would cuz you know that you know she'd do anything for me ABS um oh my God but yeah yeah follow me anywhere as long as it's to the rits of the Four Seasons but yeah but the uh uh I'll follow you to the pool at I'll follow you to the pool I'll follow you to the resort you just know better I'll follow you to the club the point is you just know better old and we've done it we've been there done that on the sacrifice thing so uh but yeah but the point is um if I were at 26 and married uh that would not that'd be a different equation for me to do that by myself than I would ask my wife to do that that's the truth now some ladies are perfectly fine with that and some aren't and there's nothing wrong with either Camp uh it's not a bad it's not a moral judgment and it's not a snobbery thing or anything like that I'm not too good to do that so just keep your stupid little TR in to yourself on that but um that's not going to do with that it's just got to do thinking through what is realistic what is sustainable what am I going to be able to do for a long enough period of time that it has the effect yeah yeah and it's going to take a minute that's right create your free every dollar budget today the simplest way to budget for your life