Financial Hardship – Survival Strategies
If you have determined that you will likely be out of money in the next five or six months, you might consider taking evasive action now before all of your money is depleted. Facing the prospect of being homeless requires careful consideration and planning. Today, there are many emergency resources for the homeless, including shelters, food banks, food stamps, assisted housing, financial assistance and counseling.
Homelessness is not the end of the world. While there is an element of grief and hardship, some find there is also an element of freedom and solitude. Most people today are homeless by circumstances; others however remain homeless by choice.
People that are facing homelessness are finding hope from unexpected places like the great outdoors. There is a huge secondary market for recreational vehicles of all types and sizes and many of them are actually quite affordable. If your lucky enough to still have a small savings – you might find that spending your money on a used recreational vehicle is your best option to avoid being homeless.
Here are some of the basics you will need to know if considering purchasing a pre-owned recreational vehicle. The standard type of recreational vehicle comes with a bed, kitchen area, storage areas and a table. At the other end of the spectrum are RVs that come equipped with full bathrooms, Internet access, satellite television, living areas, refrigerators, and even master bedrooms. Most people depending on their budget and circumstances find something in the middle.
You might be able to get lucky by finding a well-equipped RV from an auction or from a motivated private seller. In these difficult economic times, it is not hard to find people who are motivated to get rid of their non-essential luxury items in order to continue making their mortgage or paying their children’s tuition.
Government auctions can be a great source of cheap recreational vehicles. One of the advantages of auctions is the large variety of pre-owned recreational vehicles in just about any condition and price. Some are like new, having been repossessed only months after its original purchase. Others are considered surplus models that are no longer needed by the government, such as the vehicles that were purchased and stocked for emergencies such as hurricane Katrina.
If you were to purchase a brand new RV you would be looking at spending anywhere between $20,000 for a very basic version to $200,000 or more for a well-equipped luxury model. However, if you set your sites on a pre-owned one, say eight to ten-years old, you could end-up shaving retail prices by as much as 60% or more depending on its condition and amenities. The good news however is that nothing seems to lose its value faster then an aging recreational vehicle, which often means a huge savings for the secondary buyer.
For those people facing the prospect of bankruptcy, foreclosure or impending homelessness, finding a comfortable home on wheels for as little as $15,000 might be the best option. Most local campgrounds can cost as little as $10.00 a night. This comes to about $350.00 a month. Compare that to the cost of paying rent for an apartment – especially in Los Angeles!
Here are a few things to consider should you choice to explore this RV option in more detail.
Consider the amount of living space you will need. If you plan on sharing the RV with another person, and you are on an extremely tight budget, a small A-frame camper may be your best option.
First choose the conditions and amenities you believe will keep you and loved ones safe and comfortable. Even the most basic of recreational vehicles have small showers, toilets, stoves, and refrigerators. The basics provided by mobile living will keep you going until you can get back on your feet.