GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Recession?.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you might read more about oureditorial guidelinesand our products and servicesreview methodology.

But are we taking it too far?

facebook sharing button

Sometimes and in some cases, we just might be.

Lets look at sixextreme frugal practices some people swear by.

Some people are getting very crafty and renting storage cubes to be used as offices.

twitter sharing button

Along with that, you will want to look into the legality of it before doing so.

Living On a Cruise Ship

Ahoy!

Cruze said shes hearing aboutmore and more peopledoing this.

linkedin sharing button

Laughter with hues of disbelief.

Long-term, I think finding a place and buying, eventually, is the smartest way, Cruze said.

And, more recently, tiny houses.

email sharing button

Both can save you money, so why not combine them?

Cruze has heard of peopledodging electricity expensesby using communal electricity.

An example from Cruze: blowdrying your hair in the hallway of your apartment complex.

Cruze didnt have much of a reaction beyond a bemused chuckle with this one.

The van life has really taken off on social media, she said.

Some people love it.

Cruise ships, vans, storage cubes … and, finally, sailboats.

Cruze gets why youd do this, but suggests that its probably not a good idea long term.

You should buy a home instead if you want an asset that will appreciate.

More From GOBankingRates

Share This Article:

The Latest inSaving Money