We spent $40,000 while living on a boat for a year and traveling. It was cheaper than living on land, but there were some trade-offs.

Tech Insider : Business, Environment, Travel
A couple posing in front of a boat.
Elliot Schoenfeld and Jennifer Johnson lived on a boat for two years to save money.

Courtesy of Elliot Schoenfeld and Jennifer Johnson

We're homeowners in Mexico and renters in the US. It's allowed us to live the best of both worlds for 20 years.

Tech Insider
Overview of colorful buildings in Guanajuato in Mexico
We enjoy spending part of our year in Mexico.

traveler1116/Getty Images

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