Learn how you can save money with “5 Steps to Save Money as a Teacher”
Housing is one of the biggest expenses in a teacher’s budget—often taking up 30% or more of monthly income. In this episode of the Teacher Money Show, I share 5 strategies teachers can use to reduce housing costs and free up money for savings, investing, and financial freedom--potentially even living for free!
We explore:
1. Renting vs. buying as a teacher and how to decide what makes sense in your market
2. Downsizing or moving within your city to cut costs without sacrificing quality of life
3. Relocating to a lower-cost state with potentially higher teacher salaries
4. House hacking strategies like renting out a room, Airbnb, or multi-unit properties
5. Extreme savings ideas—living in a tiny home, RV, or as a caretaker
Reducing your housing costs can do more for your financial future than skipping lattes ever will. By lowering your largest expense, you’ll create breathing room in your budget and accelerate your journey to financial independence.
Explore the show notes at:
https://www.teachermoneyshow.com/show85
Become a guest on the show:
https://www.teachermoneyshow.com/guest
Leave a voicemail question:
https://www.speakpipe.com/teachermoneyshow
📘 Get Shaun’s free ebook “5 Steps to Save Money as a Teacher” at https://www.teachermoneyshow.com/save
👉 Watch now and subscribe to the Teacher Money Show for more teacher-focused personal finance tips!
#TeacherMoneyShow #TeacherFinance #HousingCosts #FrugalLivingForTeachers #TeacherBudget #HouseHacking