WE all dream of finding ways to double our disposable income without making drastic lifestyle changes.
And one woman has discovered the perfect way to achieve just that.
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Katrinas revealed how moving into a static caravan has transformed her finances and quality of life by significantly reducing her living costs.
Sharing her journey on TikTok under the username ‘katrinascaravan,’ she explained to her 27.7k followers how this unconventional move has allowed to enjoy newfound financial freedom.
Katrinas explained that her disposable income has doubled since the move, something she never thought possible while living in houses and flats her entire life.
She shared how moving into the caravan has been a shock.
READ MORE ON STATIC CARAVANS
Katrinas says: “Everything is cheaper than I thought it would be. And I don’t have to work seven days a week anymore.”
Now it means that the savvy money saver can take days off work to go paddleboarding, and doing things she enjoys.
She says her life now feels like a “semi-retirement” as it has been the “best” decision she’s made.
She also highlighted how much cheaper the costs of living in a caravan are compared to her previous flat, where she paid high rent and dealt with poor insulation.
Katrina admitted she initially overestimated her bill predictions, only to find that the reality is even more affordable than expected.
And while she acknowledges that winter may bring higher gas and electric bills, she believes it will still be more manageable than her old flat.
And now, embracing this alternative lifestyle has given her a fresh perspective.
After one day of sharing her video, Katrinas gained 22k views and 57 comments.
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One wrote: “Well done, I’ve got a big mortgage for a son that’s not moving out and has no money drive. We have our static too. I’d love to cut the costs.”
A second added: “Live your best life, don’t worry about anyone else, enjoy and do what’s right for you.”
In the comments section, Katrinas also revealed that she lives in the park for 11 months of the year.
How much does it cost to live in a caravan?
LIVING in a caravan can be an economical and flexible lifestyle choice in the UK. Here’s a breakdown of potential costs:
Initial Costs
- Caravan Purchase: £8,000 – £40,000 (depending on size, age, and condition)
- Caravan Insurance: £200 – £800 per year
Ongoing Monthly Costs
- Pitch Fees: £150 – £600 (varies by location and facilities)
- Utilities (Electricity, Gas, Water): £40 – £120
- Maintenance and Repairs: £20 – £80
- Internet and TV: £20 – £50
- Gas for Heating/Cooking: £15 – £40
Other Potential Costs
- Waste Disposal Fees: £8 – £25
- Transport Costs (if moving locations): Variable, depending on distance
- Optional Add-ons (Awning, Solar Panels, etc.): £400 – £1,600 (one-time)
Sample Monthly Budget
- Pitch Fees: £400
- Utilities: £80
- Maintenance and Repairs: £40
- Internet and TV: £40
- Gas for Heating/Cooking: £25
- Total: £585
Annual Estimated Cost
- Total Monthly Costs: £585 x 12 = £7,020
- Insurance: £500
- Maintenance and Repairs: £480
- Total Annual Cost: £8,000
Tips to Save
- Off-Peak Pitch Fees: Look for lower rates during off-peak seasons.
- DIY Maintenance: Handle minor repairs yourself.
- Energy Efficiency: Invest in solar panels to reduce utility costs.
While initial setup costs can be significant, ongoing expenses for living in a caravan can be relatively low, making it a viable option for those seeking an affordable and mobile lifestyle in the UK.
