Economic Analysis: Living With Less (LWL)

1541 Words 7 Pages
The housing market currently, in my opinion is completely out of control. Aren’t you tired of paying so much for your rent? Don’t you want to stop paying someone else’s mortgage? Homeowner’s insurance, escrow balance, interest percentage, principal amount… so many different things you got to keep up with. I believe the solution lies within the concept of “Living with Less” (LwL). The “LwL” approach to life offers people affordable housing, the ability to become debt-free or minimize their living expenses, and the opportunity to leave a smaller ecological foot print on the Earth. Adopting the “LwL” philosophy will allow everyone to do their part to help maintain resources, be less wasteful, and ensure there is still enough …show more content…
Come on, let’s face it, the United States is currently the world’s biggest consumer. Frankly, it is for this reason that the country is in debt over 14 trillion dollars. Collectively, what percentage of Americans are burdened with debts they will never pay off, or homes they will never own? Quite often in recent years, there has been a phenomenon of retirees returning to the workforce; simply because they cannot survive off their retirement alone, due to the burden of their enormous debts. One of the new housing solutions brought about by the “LwL” philosophy, was that of the “Tiny Homes Movement”. Tiny Homes are built per current safety codes on 21-30-foot utility trailers. These homes range anywhere between 200 and 400 square feet. Tiny homes boast to have all the modern amenities of a regular foundation built house. Tiny homes are also available at only a fraction of the cost of traditionally built houses. Maintenance and repair costs have also been reported to be lower apparently, this is due to the efficiency of the homes construction, and overall lowering of ones Eco. Footprint. The best thing about tiny homes in my opinion, is they are mobile, and give you options. Radically even the option to live completely off grid by utilizing solar panels, composting toilets, and diaphragmic water intake …show more content…
“I can’t possibly down size anymore”. “My family barely fits into our house now”. “I am not wasteful, everything I own has a purpose and is being utilized”. “My stuff is not junk; It has sentimental value”. What about those of you that are in denial? “We have plenty of resources, I turn off all the lights when I leave to work, and do my best to conserve water”. “I just got a promotion at work, and I deserve that new bigger apartment”. I challenge you to take a closer, unbiased look at your lives. Learning how to use space efficiently is one of the principals involved in the “LwL” philosophy. Most people have 12-15 feet from the floor to the ceiling which is half wasted. Tiny Homes utilize this space by making loft style bedrooms, and storage areas maximizing usable space. Thus, allowing one to downsize, and increase their efficiency. Inspect your house on any given day and I’m sure many of you can find a plethora of items covered in dust which, you haven’t touched, used, or seen in years. These items fall into the “no longer have a use” category. The treadmill you bought with the intention of losing weight you used for two weeks and never touched again. Those picture frames you bought a year ago, and just haven’t got around to putting up. Those clothes you still have hanging in your closet, from when you were 2 waist sizes smaller. All these items can be gotten rid of. Understandably I know some items have a sentimental value

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