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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs tiny home living the secret to saving money today? Make It journeys to Atlanta, Santa Monica and New York to connect with three individuals who live in small spaces to save big money. Alex Verhaeg, 23, lives in a tiny 95-square-foot apartment located in NYC's East Village. In 2022, Sung Yoo moved from New York to Santa Monica, California, into a 140-square-foot tiny home. Precious Price, 26, lives for free with her dog in a tiny home in her backyard in Atlanta, Georgia.
Persons: Alex Verhaeg, Sung Yoo, Precious Price Locations: Atlanta, Santa Monica, New York, NYC's East, Santa Monica , California, Atlanta , Georgia
In particular, I wish I knew about Roth individual retirement accounts when I was in high school. Even though they're for retirement savings, anyone with earned income can contribute to one, within certain income limits, and let their money grow tax-free. In the spirit of Financial Literacy Month, I asked my coworkers what they wish they knew about money when they were younger. Credit card debt adds up quicklyIn my 20s, I didn't think much about the interest I was paying on credit card debt, and it probably cost me thousands of dollars. —Mike Winters, money reporterBut credit can be a useful toolI wish I know more about credit in college and my early 20s.
This one holds 25 ounces of water, more than a standard water bottle, and it's way cuter than having cups all over your nightstand. Baggu socksIllustration by Elham AtaeiazarPrice: $14 "These socks are fun and cozy, but a little on the pricey side. MoMA card holderIllustration by Elham AtaeiazarPrice: $16 "I never knew how much I hated my wallet until my mom gave me a card holder. BraletteIllustration by Elham AtaeiazarPrice: $15 "A bralette might not seem like a typical gift, but hear me out. A dozen macarons variésIllustration by Elham AtaeiazarPrice: $5.50 "This Trader Joe's treat was my first introduction to macarons, and I haven't looked back since.
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