To live in a Travelodge

[oakkiln]

Inspired by the other poster who started a threads about liquidating their assets and living in luxury hotels in their old age (but, for us, sadly without the assets!)

My husband and I are in a desperate situation. We are both late middle age and still rent. We are doing everything we can to save for a deposit for a house and live very frugally.

Rent, rates and all house costs etc come to £21k a year. But we could live in a Travelodge for £11k. Storage for furniture etc would be £2k

Are we crazy to consider it for just a year or two?

OP I live near Frome and it's lovely, but pricey for our area. Keep looking - I'm sure you'll find something.

I have friends who live in a camper van in Portugal and have done since taking early retirement years ago. They love it! But maybe it's cheaper and easier to move around and find affordable sites out there - plus they seem to eat out all the time, for not much!

One point - we are 55 and 60 and I don't consider that to be late middle age!! Surely that would be late 60s at the earliest.......😂

@Teenagehorrorbag ooh you sound my kind of woman - we are 63 and 60 over in Bath- FIL newly moved to Frome at 85!! I agree I'm very much middle aged at 63 - no 'late' about it - !!

And I'm the 60 year old with a younger DH! Go us......😃!!

@Teenagehorrorbag absolutely !!

And off topic but the Cheese and Grain has great bands..........😁

Sorry, quoted myself earlier, by mistake......😁

YANBU at all OP

i read about a couple who did this - and it worked for them

Also YANBU - facilities are good and you don’t have to clean

I'm a guy that can relate to this issue. My wife and I lived 9 months in a boat of similar size and accomodations. Neither of us would repeat that experience.

Absolutely nuts. I've done it. Expensive beyond expectations. £1050 a week. Better off in a caravan like gypsies and travelling around. Done that too. Just don't talk much to other people about your life. If you want to save then you can speak to a financial adviser. 21k seems exorbitant and rent shouldn't be more than £850 pcm.

Would you consider rentals for over 55 s? There may be more available and more secure