We thought we would show you one of the biggest reasons we decided to build our Tiny Beach house here on the Peninsula.
It truly is a magical place…
We thought we would show you one of the biggest reasons we decided to build our Tiny Beach house here on the Peninsula.
It truly is a magical place…
It could be the fact that I LOVE to organize things or that I just like creating spreadsheets but I had so much fun with this blog post. And I am super excited to share the following information with you.
One of the first things we did in the planning stages when we were deciding what to build and how big to build was to start figuring out how much our new tiny beach house was going to cost us.
I created a spreadsheet for our House Budget where we broke down our build by Exterior and Interior costs.
Then I broke down the cost to complete each of those into detail i.e. siding, foundation, windows,doors, etc.
I also separated some of the costs in more detail by separating labor and materials in the spreadsheet. This way we could see where our labor would be best spent to save us the most amount of money.
This was super important for many reasons.
Figuring this out and seeing the numbers by the room and by the stages of building we were able to see really quickly where we could cut costs and where we wanted to put extra money to get exactly what was important to us.
For instance seeing how much sheetrock was going to cost us made me start researching alternative wall cover materials that were not as expensive. Something that we could do ourselves (sheetrock is not one of our strong suits) that would save tons in labor cost.
And seeing how much kitchen counter tops were made me decide to look into doing concrete myself. Not only would I save $$$ big time I can get an awesome custom look.
As we have spent money in each category I add up the receipts and put in my total spent to date. This has been really key to keeping us on budget. (I will share my numbers with you on another post)
In some instances going over budget can’t be helped. Thats why having our House Budget spreadsheet has been huge to keep us apprised as to where we are dollar wise at all times.
Staying focused and very present with every dollar spent has helped stay in or under budget so far.
At the end of the day we think we will be under $30k for our final cost.
We are doing some things to cut cost like repurposing cabinets, DIYing it all over the place like in the bathroom shower and making our own ship lap for the interior walls.
We’ve also canvased Craigslist, Facebook and yard sales where we have scored nails, air tools (cost of tools I did not include in my budget) and hardware for next to nothing. At one yard sale alone we scored $75 worth of nails for only $10! And $50 worth of plumbing materials for only $5! !!CHA-CHING!!
The House Budget also kept us from doing work that we can actually pay someone else to do for us cheaper than we could do it ourself. My back and shoulders say thank you!
So checkout and download the House Budget spreadsheet to see how much you can save on your own house build.
In a few days I will do a post showing you how much we have spent on the house so far and you can see for yourself where we are at compared to our budget.
Please share the House Budget with anyone you think will find it helpful and let us know if this has been helpful for you.
There is absolutely no reason you cannot be mortgage free.
Wether you choose to pay off your current house, build your own tiny/small house or buy an RV, you can eliminate your number one biggest expense which is your cost of housing.
This will not require you to win the lottery and you won’t need a college degree either.
But it will require you to do some “Side Hustle”.
Here’s how we did exactly that.
There are so many things to think about when you decide you want to build your own home, be debt free and mortgage free.
One of the most important pieces that most people miss is the financial piece.
Of course it is important to put together a budget and plan how much money you plan to spend on your building project but it is just as important to think about your financial plan.
Two years prior to our selling our big house and downsizing we really took a good hard look at how much money we spend on debts and to live each month.
To begin with most people have unnecessary debt that is eating them alive. A car loan, credit cards, large cell phone bills, ridiculous cable TV bills and little if any savings.
Most of which are completely unnecessary.
The first thing we did when we decided to live mortgage and debt free was take a good hard look at what we could cut out of our monthly spending that could go straight into paying off both of those.
We canceled the cable, cut our cell phone bill in half and canceled the credit cards.
Then we took the money from the monthly bills we had cut and started putting large chunks on our debt to get everything paid off as fast as possible. Starting with the lowest balance to free up more monthly cash flow.
It was amazing how quickly our disposable monthly cash flow started stacking up. This gave us the ability to really start saving money toward building our new mortgage free house.
The big turning point for us in the finance and freedom department came when we decided to move into our RV and sell our 3000 square foot home.
To make this transition we sold, donated and gave away about 60% of our belongings. At first it felt painful and very emotional.
But then something cool started happening.
We started feeling way less weighed down with all the “things” that we owned (the majority of which we hadn’t even been using for years) and it relieved a lot of stress from our lives. We felt lighter, happier and had more time freedom than we had had in years.
The RV we bought was 14 years old and we paid cash for it. We paid 1/3 of what a new RV would have cost us and it is just as nice.
Some would say that what we did was drastic.
And maybe it was.
But we felt like something drastic needed to happen to change life as we were living it.
We were working full time with very little time to spend with each other, our children and grand kids. Our health and fitness was suffering and our time was scheduled for us based on what other people wanted us to do.
Fast forward to today…what does life look like?
Well we are still living in our RV (one year later), building our mortgage free “small” house by the beach and our time is 100% our’s to spend how we want.
We have never felt less stress and more freedom than we do right now.
The biggest decision of our day is wether to go fishing or go for a ride on the Harley.
The reason life looks like this for us is because we changed our financial mindset. We came up with a financial plan that included zero debt (including mortgage), very little daily living costs and saving money.
For years we lived a life that was funded by our debt.
Sounds like an oxymoron doesn’t it?
But that is how most people fund their current life style.
So if you are following us and reading our blog I am guessing it’s because you aren’t happy with your current financial/housing situation.
And if that is the case I want you to know that you have the ability to change your finances and become mortgage and debt free no matter what your circumstances.
It doesn’t matter what you have for education, debt load, hourly wage or fixed income you can get out of debt and own your home outright.
It just depends on what you are willing to do to obtain that.
Kevin and I do not have college educations and have been in debt over our heads many times over the years. We have lived paycheck to pay for years and some months our paychecks couldn’t cover everything.
So where do you start?
You start right where you are right now.
In order to do that you must figure out where you are in the money/finances department.
Here are the 5 steps that we took to figure out where we were financially and got us to financial Independence.
Step #1 Know Exactly What Your Financial Picture Looks Like
You can create a spread sheet in your computer or grab a pen and paper and write down the following in two columns.
In one column write down your total monthly expenses. Include all debt payments, monthly living expenses, vehicle gas and food costs.
In the second column write down all of your net monthly income.
Now subtract the two and find out how much money you have left over every month to save, spend on extra’s like clothing, entertainment, care repairs, dining out, etc.
You may be shocked when you see the numbers looking back at you.
Hopefully you are not in the red and have some money left over each month.
If you don’t like the financial picture staring you in the face then you need to decide what your next steps are to change it.
And what are you willing to do to change it?
Step #2 Cut You Monthly Expenses
Cancel your cable service. Get Netflix for $8 a month and save a bundle.
Shop around for cell phone service. Lower your data or minutes if you aren’t using them all each month. The market is very competitive right now and we were able to cut our cell phone bill in half and get an even bigger package and we didn’t have to switch companies. But if its cheaper to go with another company it may be worth it to pay the difference to cancel your current contract.
Stop eating out, buying snacks at the gas station and drinking $4 cups of coffee. I treat myself a couple of times a month to my favorite Starbucks drink where as I used to buy 4 or 5 a week.
Shop exclusively at Costco for food and Amazon for everything else. Staying out of Target, Walmart and Safeway with save you hundreds each month.
Cancel your credit cards so you cannot charge on them anymore.
If you cannot pay cash for it then don’t buy it until you can save up enough money to do so.
There are so many things you can do to cut your monthly expenses I could do a post just on that topic alone.
And maybe I will 🙂
Step #3 Get Rid Of Stuff
In our country especially we work so hard to accumulate things. We measure our success, worth and even desirability by how much and what kind of stuff we have.
SERIOUSLY…STOP IT RIGHT NOW!!!
Without thinking too much about it get rid of half of all of your shoes, clothes, purses and jackets. Trust me you have too many. You can only wear one pair of jeans at a time.
Go thru your kitchen, closets, basement, garage and bedroom and if you haven’t used or touched it in 6 months get rid of it.
You can sell it in a yard sale, craigslist ad, Facebook group or just donate it.
Whatever you do get rid of as much as you can as fast as you can.
Step #4 Get Completely Out Of Debt
Let me say that again for emphasis….GET COMPLETELY OUT OF DEBT!
Chances are if you are like most Americans you have 2-3 credit cards with balances, a car loan, student debt and a mortgage.
If any of the above is true your financial situation is seriously critical in my opinion.
Do whatever you can to get ALL of this debt paid off as quickly as you can.
Be brutal in completing Steps #2 and #3 and then take every dime you raise from those steps and pay off your debt now!
You can be very aggressive with this by thinking outside the box.
Step #5 Have A Savings Account That You Can Live On For 12 Months
You’ve probably heard people say have enough in savings so you can live off of it for 3 to 6 months.
That means you are 90 days from financial disaster if your income stopped tomorrow.
I don’t know about you but that is pretty scary to me.
And the more aggressive you get with Step #2 the less you will need in your savings.
I am not going to lie. There were some painful moments in this process at first. But no different than ripping off the bandaid so to speak you are going to go thru the pain of paying off your debt one way or the other.
You can either choose to do it fast and quick or long and slow.
The more aggressive you are with these 5 steps the faster your debt, stress and lack of freedom with disappear.
In an couple of up coming blog post I will go into some more detail about how we did each of these steps.
But for now I would really love to hear from you if you want to share where you are right now or after doing any of these steps.
Here’s to you living a Self Reliant Life.
Super excited to be posting an update on more progress!
We have been super busy pounding nails and shooting video for everyone.
In this video Kevin explains the framing process and how we installed the trusses.
So excited to get the roof shingles on and be dried in 🙂
Things are moving along pretty good on the new beach homestead.
Roof is 100% and now we need to finish up the gable ends and get on to the siding.
We are thinking cedar shingles but we are still deciding for sure.
I am very excited to get to staining the cement slabs!
I am going to use an acid stain and the cement will become our finished flooring inside the house.
Don’t worry I will do a lot of video on that process so I can share it with you.
But I digress…
The reason I posted on the blog today was to share with you a little video that I shot of Kevin installing our kitchen/patio bar window.
After changing our mind a couple of times we finally plugged in the sawzall and started cutting…
Here is a special invitation that Kevin has for you with a special limited time offer.
Click here to sign up and get started! Don’t forget to enter the coupon code “special30” so you get your discount.
For more details about the Builders Developers Course go here.
That’s a lot of stinking cement! You can definitely say we have a sturdy foundation to build on that’s for sure.
Now that we have our fill inside the footers we are packing it down so we can pour the cement for our slabs. The main slab for the house and then the mono pour slab that will be our patio area.
Don’t worry I am editing some really AWESOME video that I shot of the whole thing and I will be posting the slab work here in a few of days once I have it uploaded.
We had the plumber out to set the vents, drains and bring in the sewer and fresh water lines before the cement was poured as they all have to come up thru the slab. This will probably be the only part of the plumbing that we hire out as we plan to do the rest of it ourselves. We just felt it was money well spent to make sure that the grade was correct to drain into the lines heading to the septic tank. Since it would all be set in cement one little boo-boo could become a big mess real quick.
We are so excited for our huge covered patio area. We plan on putting up a bar here and creating a very indoor/outdoor living space. And wait till I post some pictures of the sunsets we get to see from this location over the Pacific! They are to die for.
Here you see us setting the beam pockets into the patio slab before it sets up. There are 3 – 6×6 posts that will set in them to support the beam that will hold up the trusses on that side of the house.
It was very warm here with pure sunshine for about a week after we finished our pour so we had to babysit our slabs big time. The house slab is going to be our finished flooring as we will stain it so we didn’t want it to dry out too quickly and crack. So we had to keep it damp which meant watering it about every 15-20 minutes for about 8 days.
Its been pretty convenient that our RV is right next to the building site so the Camera Girl has been able to get some really good photo/video from an arial view. 🙂
Let us know if you are enjoying watching the beach house go up. And if there is something in particular that you would really like to see let me know and maybe I can make it happen.
Until next time…
The Camera Girl