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I Lived Out of a Suitcase for 2 Years. It Improved my Finances.
Impulse Buying Stops All Together
This is the greatest benefit of all. I know that when I travel, I am limited to 50 pounds or 22 kilos. I’ve stopped myself from buying any heavy electronics, extra clothes, or souvenirs. When I moved out of my last permanent apartment, I could not believe how much I wasted my money on THINGS. There were so many gadgets I never used that I thought would be useful. In the modern era, you really only need clothes, your phone, a laptop, and toiletries. Everything else is at your destination or can be borrowed.
I Never Have to Pay for Moving Expenses
Well besides the $35-$60 checked baggage fee that is. Moving expenses can balloon into the thousands if you have to move cross country.
No More First and Last Months Rent and Security Deposit
The system of renting apartments in the U.S. keeps your capital tied up forever. You can never access this money until months after you vacate, at which point, you will probably need it for another apartment. Your landlord could also claim that a dent on the wall was your damage, even though it was a previous tenant. Some landlords are dishonest and try and hold this money for as long as…