Creating Financial Security in a Tiny House: Insights from a Certified Financial Planner

Sep 8, 2023

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Laura Lynch is a certified financial planner who specializes in helping people financially execute their plans to go tiny. Laura shares her insights on the unique aspects of tiny living, including the financial considerations and the importance of creating a supportive community for the longterm. She also opens up about her own journey towards embracing the tiny lifestyle and aligning all aspects of her life to her authentic self. We'll discuss the financial questions and challenges that arise when it comes to tiny houses, such as loans, and prioritizing sweat equity. It's going to be an eye-opening conversation, so let's dive in and explore the world of Less House, More Moolah, with Laura Lynch.

In This Episode:

📈 Rising Costs: Laura emphasizes the need for legalizing tiny home communities to combat rising prices and build sustainable communities.
🏡 Building Community: Laura advocates for connecting with others, legalizing tiny home communities, and fostering relationships within a supportive network.
💰 Financial Decision-Making: Why you might consider testing out the desired lifestyle before committing to it.
⚒️ Sweat Equity: Building things yourself not only saves money, but also leads to personal growth and the acquisition of valuable skills.
🔄 Reassessing Life: Uncertainty can lead to reevaluating one's life and making significant changes, requiring bravery and the willingness to step outside of societal expectations.
🤝 Community Advocacy: Raising awareness about the challenges and obstacles faced by people pursuing alternative housing options, such as tiny living, is essential.
💡 Financial Security: Reducing living costs through tiny living, creating financial security within the lifestyle.

This Week's Sponsor:
PrecisionTemp:

We spoke with John and Fin Kernohan from the United Tiny House Association, they have a total of three PrecisionTemp On Demand hot water heaters. PrecisionTemp professionally installed all three of the Kernohan’s water heaters and now they have an on demand supply of endless hot water. These units are suitable for any tiny lifestyle and are available for propane or natural gas.

PrecisionTemp is offering $100 off any unit plus free shipping when use the coupon code THLP. So head over to precisiontemp.com and use the coupon code THLP at checkout for $100 off any unit. Thank you so much to PrecisionTemp for sponsoring our show.

Visit www.thetinyhouse.net/laura-lynch for full show notes, links and resources.