Living at an All-Inclusive Resort Can Be Cheaper than Living at Home
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Ok , this man doesn't live in the UK, he is from the US, but he decided to see how much living in an all inclusive hotel rather than at home would be to save money
It would work out cheaper doing this than having to pay for rent, his bills including wi fi and his food and drink, even gym membership , as the hotel has this included
He found accommodation in an all inclusive in Mexico for just a little more than he paid at home, then one in the Dominican Republic that worked out cheaper
And don't forget he wouldn't have to cook or clean , go shopping, make his bed and his heating and air conditioning is paid for
He also wouldn't need a car if everything was at hand
Also if he shared a double he could afford an upgraded room for half the price
I have seen retired couples doing this type of thing, but usually on cruise ships , where they pay for each year in advance , but never thought of younger people doing this at hotels
I know some people from the UK work abroad, usually in rented accommodation and it also works out cheaper and they get tax relief on their electric bills and wi fi
But this is taking it to another level
Obviously this wouldn't work for families, but for single people it could be a lucrative second option
What do you think of this idea, is it something you would think about doing if in a similar situation ?
Wow seen people living in rvs and cars and tiny homes and narrowboats. Never seen anyone live in a hotel though. Knew people did year long cruises didn't know they did it longer though.
Jerseydrew Just another step towards alternative living J
I was reading an article recently and the person was saying living on a barge is so more expensive now than years ago, mooring fees and insurance have almost tripled in price
I assume the main compromise is how much space you actually have, i.e. a room compared to a house or flat. I'm guessing if you lived and worked in Mexico you wouldn't have an income to pay for this. It's like here in the UK sterling is very overvalued so often its cheaper to holiday abroad than at home even allowing for all taxes and transport costs. Same if your job can be done remotely you can live in a country with lower taxes and lower costs all around and perhaps run your UK business via online and skype etc and this could save you huge money.
BonzoBanana Yes you need to think of your personal space B, most hotel rooms are tiny
If that suits the person then why not as long as they pay for it. To me I understand working away and holidays but living is completely different. The one thing about hotels is although you have your own room- and usually only a bed and bath. The rest of it is all very public. You don’t know who is next to you all the time, walking past people in corridors, eating areas etc. I suppose that’s what a home is for, you can do anything in it and be mostly private. In a hotel if management decide on doing things e.g building works etc you are stuck with it.
It may have worked for him but I can see very little pros but many cons. First, you couldn't really own anything due to lack of storage, couldn't have guests in 'your home', or invite for dinner, would have to find a job near your chosen resort or at least be set up to work 'at home'.
There is also the problem of if long term who would look after you if you got ill (would you be able to get on a doctor list if on permanent holiday) or when you were old and maybe had mobility problems?
Finally, if you had not saved while living la vida loca where would you end up if it all came to an abrupt end?
Must be quite well off one person splashing out over £3000 per month for accommodation and food. I managed to support a family of 4 on far less than that each month. Could you image just living in one small room,breakfast ,lunch and dinner repetitive and at the same times each day , away from your family and friends and you still have to pay for things like clothes, travel, toiletries laundry , insurances etc on top.
Mango4 Yes the small space is a problem M, the travelling the person in the article was saying a plus as he didn't need a car, but other people might need to , bed sheets and towels would be included , but not his own clothes , so not so expensive to wash , and toiletries are normally included , except toothpaste , mouthwash and deodorants
So yes , more things to think about
My brother let his house for a few years and lived in Europe in a motor home. When he eventually returned he had made enough money to buy a bigger and better home.
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