Latest news with #RVliving
Yahoo
25-05-2025
- Business
- Yahoo
A Redditor Is Concerned About Their Brother Financing An RV Because Rent Is Too High: 'My Gut Tells Me This Is A Poverty Trap'
Sometimes, you have to downsize to cut costs. It's pretty common for retirees to reduce their costs to give their nest eggs more mileage. However, cutting costs can also make people comfortable with staying low instead of pushing toward challenges. That's why a Redditor is concerned that her brother wants to finance an RV because rent is too high. The brother is married with kids, and this decision can reduce costs while giving him ownership of an asset. However, the Redditor isn't sure if it's a good idea. "My gut tells me this is a poverty trap," the Redditor explained. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Other Redditors jumped into the comments to share their thoughts about financing an RV. RV living has been growing since the pandemic due to its affordability and flexibility. The Personal Finance Reddit community suggested getting an RV that's a few years old to save on costs. New RVs are more expensive, and they have higher insurance and maintenance costs as well. However, the brother will have to buy an RV that is less than 10 years old. Most long-term RV parks will not let you park your RV there if it is more than 10 years old. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Living in an RV may be a poverty trap if the brother doesn't have the goal of owning a house in the future. Having a bigger goal can inspire you to work harder and put yourself in a better community. While each RV community is different, he may get comfortable with owning an RV and scrape by with that setup. We don't know about the brother's level of ambition or the people he surrounds himself with. However, if he isn't surrounded by ambitious people, he is unlikely to become more ambitious than he currently is. This mentality can also help the brother when the RV inevitably needs repairs or breaks down. RVs don't last forever, and RV parks can boost their rents at any time. Most RVs can last for 100,000 to 300,000 miles, with a range of 10 to 30 RV living has risks, it can be a great idea if you approach it with the right mentality. One Redditor explained in the comments that they know doctors and nurses who have lived in RVs for two to five years to save money. Then, they were able to become debt-free and buy their dream home. The doctors and nurses in this example could have bought a smaller home instead of living in an RV. However, they now have much larger homes in more desirable locations. Doctors and nurses aren't the only ones to capitalize on the RV living costs. The original poster mentioned that the brother has that type of plan. RV living as a short-term solution can bolster your finances and set you up for a better lifestyle in the future. Read Next: Maximize saving for your retirement and cut down on taxes: . 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article A Redditor Is Concerned About Their Brother Financing An RV Because Rent Is Too High: 'My Gut Tells Me This Is A Poverty Trap' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Associated Press
11-05-2025
- Lifestyle
- Associated Press
Time to RV Unveils Expert-Curated Guide for Full-Time RV Beginners
New guide from Time to RV supports families taking the leap into full-time RV living—includes tips, planning help, and real-world insights. FL, UNITED STATES, May 11, 2025 / / -- Time to RV Publishes Free Educational Guide for Families Exploring Full-Time RV Living Time to RV, a family travel and lifestyle platform, has released a free digital guide designed to help individuals and families navigate the transition to full-time RV living. The resource, The Ultimate Guide to Full-Time RV Living, offers a comprehensive overview of the key considerations involved in adopting a mobile lifestyle. Interest in full-time RV living has grown steadily in recent years, especially among families seeking alternatives to traditional housing, education, and work-life balance. However, the path to becoming a full-time RVer involves multiple logistical, financial, and lifestyle adjustments that are often difficult to research or understand through fragmented sources. The guide aims to serve as a central reference for those evaluating or preparing for full-time travel. Topics covered include selecting a suitable RV, budgeting and expenses, mobile internet options, route planning, and considerations for homeschooling on the road. It also addresses commonly asked questions related to mail forwarding, insurance, and RV park memberships. 'We created this resource to support others who are looking for a structured way to plan their transition,' said Lauren Gamble, co-founder of Time to RV. 'Many of the questions we receive center around practical decisions that need to be made early in the process. This guide is meant to provide clarity on those points.' In addition to checklists and planning tools, the guide includes personal insights from full-time RVers who have experienced both the challenges and benefits of life on the road. It is intended for families, couples, or solo travelers considering RV living on a short- or long-term basis. Key sections include: Overview of lifestyle and mindset changes associated with full-time RV travel Guidance on choosing between RV types and layouts Monthly budgeting frameworks with sample expenses Homeschooling resources for families with children Tools for maintaining reliable internet access on the road Route planning strategies and campground selection tips The guide is available to download free of charge at: About Time to RV Time to RV is a digital platform created by Lauren and Donny Gamble, who began traveling full-time with their family in 2024. The site provides practical information for RVers of all experience levels, including destination reviews, travel planning strategies, and educational resources related to RV living. Media Contact: Lauren Gamble Email: [email protected] Website: Lauren Gamble Time to RV email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
