One family of 4 has cut their expenses drastically by building a 168 sq. ft. home and only paying $40 per month for their electric bill! Click HERE to see a video of the family in their home.
They only paid $12,000 to build the house and they are saving to pay cash for a larger home. I'm guessing there's no cable TV in that house!
Could you do it?
When I was a teenager, my family of 5 lived in an RV for about 6 months while we traveled the US and Canada. Compared to the RV, 168 sq. ft with a full loft looks huge! I'm certain I could live like that, if needed. I just prefer not to. So, for now, I that also means we still have a mortgage.