Live Tiny, Save Big

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By the time Michelle Jackson hit 34, she was ready to buy her first home but didn’t want to spend a fortune. So she purchased a garden-level 495-square-foot (46-square-metre) one-bedroom apartment in Colorado in the US. Her friends gave her a hard time over her choice.

“I was teased a lot because I bought so conservatively,” said Jackson, now 42. “Some of my friends didn’t understand why I wanted such a small place. There was some peer pressure that I didn’t expect.”

But, a smaller home — and the smaller bills that come with it — gave Jackson a lot of freedom. “Because my home is so inexpensive, I felt comfortable leaving my job of 10 years and now am working for myself,” Jackson said. “I feel thankful every day when I think about the life that I have because of this choice.”

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