One of the most common reasons people choose the tiny lifestyle is because they are tired of working their whole lives just to afford their mortgage. Tiny houses come with a much smaller price tag than traditional houses, helping people save more of their time and money so they can enjoy life. But maybe the benefits reach beyond the tiny house community. What if this lifestyle choice could impact entire economies?
Economies across the world are consumer based, meaning that constant spending by people like you and I is essential for economic health. So when people struggle financially, the economy only gets worse, since people are saving rather than spending. The only way things will get better is if governments and companies can somehow raise consumer confidence in the market and get us to spend our money.
But how could we let go of our precious dollars, the ones we worked so hard for? The same dollars we owe to the mortgage company, the power company, and maybe we have some other loans to pay off, and then we need to eat and maybe put gas in our cars, and by the end of the list we have just a few dollars left, if any, or we might still be in debt. Check out the video below for a breakdown of the average American's expenses in 2012.
So how can we fix the economy when we have nothing left to contribute? For those interested, tiny living may be one answer to this problem. Cutting your bills in half or more will definitely leave you with a lot less financial worry, and while it is still smart to save some, it can be possible to spend a little more freely than before. Money becomes less of a driving force for survival, and therefore it is easier to part with when we find the right opportunity. And as the tiny house community grows, so will the impact on society. In an economy that relies on consumers, we have more power than anyone else to stimulate growth.
http://jobenomicsblog.com/consumption-based-economy/
https://www.creditloan.com/blog/how-the-average-us-consumer-spends-their-paycheck/
