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About this iReport
  • Approved for CNN

  • Posted October 22, 2008 by
    Location
    Charlotte, North Carolina
    Assignment
    Assignment
    This iReport is part of an assignment:
    Surviving a tough economy

    Family of 6 Sold our WI home, moved to N.C. & live in our 32 ft travel trailer!

     

    What does a family of 6 do after living expenses continue increasing? Listed our house 4 sale by owner, sold it within a month, and walked away from alot of debt! We now are living FULL TIME in our 32 ft travel trailer, with our 4 children and 2 pets. In addition we bought a 24 ft cargo trailer that serves as our extra addition to our home..it houses a large pantry, clothing racks, dressers, and toys. No, we weren't forced to do this, we did this by choice. Tim is a pilot and his wife Cindy is a nurse. They are planning ahead to be completely out of debt and bank away alot of money into their children's college funds and their retirement for the future. They are not tied down to any specific location or mortgage. They can pick up and relocate whenever they want to. They have decreased their living expenses from paying a 1st and 2nd mortgage and large utility bills in the winter months, down to $500.00 a month with all utilities included! They reside in a campground and pay a monthly rate where the kids enjoy a park like setting, new friends, and a large swimming pool! It can be done and we are not depriving our family of anything!

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