A year ago, my wife and I lived in a one-bedroom apartment in Seattle.
We had to pay for a few months of school in advance, and for the next few months we lived on our own.
I was fortunate enough to get a job teaching in the Seattle area and was able to save enough money to live on my own for a year, but my wife was struggling with student loans and a new job in another city.
I was fortunate that my wife managed to get her loan servicer to work out a deal that would allow us to stay in our apartment until she graduated in January.
In our three months of living on our income, we earned $3,100, which made up just under $2,000 a month.
With a $7,000 monthly mortgage, that was still a little under $1,800 a year.
After two years of living paycheck to paycheck, I had a net worth of $10,000 and I was able, through the help of a friend, to buy a house in the neighborhood.
We still had to work a full-time job every week, but we were able to earn a decent living.
When I moved to the Seattle metro area in January 2018, I started to think about the value of an extended-stay apartment.
I thought about the cost of living, but I didn’t have to worry about paying rent on time or having to put food on the table.
I didn-only have to look at the costs of groceries, laundry, gas and electricity.
Living in a place where I didn?t have to work for a living, I realized that there was a better alternative.
As an intern for a marketing agency, I spent my first week with a coworker who was living on $1 a day, about $10 a week.
He had been living on a $1-a-month salary since he graduated high school, but after a couple months he was looking for a way to support himself financially and I decided to help him out.
He asked me if I would live with him for the first year, paying for his rent and utilities, as well as food, gas, and utilities for the rest of the year.
I immediately accepted.
The cost of rent has gone up by $200 a month over the past year, and the costs associated with groceries, utilities, and transportation have gone up an additional $1.
Once I moved into my apartment, I knew I could keep up with my bills without spending a lot of money on anything.
The apartment has had a hard time finding enough space, but it also is an opportunity to help someone in need.
Over the next year, my monthly costs increased from $5,600 to $9,500.
I had to make some tough decisions to keep up and manage my expenses.
The biggest expense I could afford was gas, which was $4.50 a gallon, but the gas price dropped by about 10 cents a gallon the next month.
Since my wife is now graduating high school in the fall, she is going to need to work part-time and my financial situation has been hard.
My wife and children are now enrolled at a community college, and I am working part-timly.
My job at the agency is getting harder as well, and with my wife having an early graduation, I will have to decide whether to stay on at the company or go to another agency.
I also have to consider the financial impact of being in an apartment.
The landlord in the apartment I was renting out for a full year had been paying $1 an hour, which I thought was crazy.
I’m not sure how I could survive on $2 an hour after paying for my rent and electric bills, but even if I did, I still didn?nt want to be paying $5 an hour for the apartment.
Although I had my doubts about staying in an expensive apartment, it was an opportunity I never knew I had.
A year later, I am living in a $30,000 apartment in the San Francisco Bay Area.
It?s hard to say how much of an impact my decision will have on my family, but at least I know I have saved enough money that I will be able to live independently for the foreseeable future.