First post. Just growing out my stache' and have a decision to make. I just re-located back to my home state and I'm looking for housing.
I have an opportunity to take a position as a "security resident" where I would be given an apartment and utilities for free in exchange for being "on-site" during the evenings if an alarm goes off. The "job" would entail some light door-checking and keeping an eye out and while I keep my 9-5 job. The down side is that it will be about 25 miles one-way from my current job. Call it 50 miles round trip and about an hour each way. If I choose an apartment close to work (walking/biking distance) the going rate is about $1500 a month for a one-bedroom.
So, what do you guys think; trade two hours of my time five days a week plus commuting costs to save $1500 + utilities and put that money towards building my stache' or pay the going rate with no commute close to work? (I plan on keeping the job, so looking for another isn't in the cards right now.) Would love to hear your perspectives. Thanks!
I suppose if $1,500 > (cost of commuting + value of time spent commuting), then it seems worthwhile.
Depends on what $18k is worth to you. You didn't post how much you'll be making, but even if it's $100k/yr, that's still a solid chunk!
It could be a way to save up a ton of money for a year, as you'll be saving $1,500+util each month ($18k+). If you can deal with being busy during the week, I'd totally go for it! I'd also take that time to find a place to get with a roommate in a year closer to work to get the $1,500/1br down a little bit.
Happy driving!