22 tips for 2022: when it comes to saving money, a roommate is worth 1,000 coffees

22 tips for 2022: when it comes to saving money, a roommate is worth 1,000 coffees

“They’re harder decisions to make, obviously. But they give you more bang for your buck.”

“If you get a roommate or move to a cheaper place, those major decisions are going to save you so much more money,” says Kristin Wong, author of Get Money: Live the Life You Want, Not Just the Life You Can Afford.

Highlights

  • “I moved back in with my mom when I was paying my student loan. I paid it off so much faster, and I saved so much money,” says Wong. “Sometimes you have to give up what you think life should look like to think about what it could look like.”

  • Wong has walked the walk on this.

22 tips for 2022 is edited and curated by Dalia Mortada, Arielle Retting, Janet W. Lee, Beck Harlan, Beth Donovan and Meghan Keane. This tip comes from an episode of Life Kit hosted by Chris Arnold and produced by Sylvie Douglis.

Here’s more on sticking with a budget.

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