It should be no surprise there is currently a "tiny house movement." The traditional home ties you as firmly to the ground as a typical house's concrete foundation. Plus the housing market is outrageous these days in terms of affordability.

Yes, regular homes get you more square footage than a small house. But with a traditional house's additional space comes a far higher overall expense. I'm talking about a mortgage or rent, not to mention maintenance costs and building codes to follow.

The RV industry and tiny house enthusiasts have found a creative solution. If you don't need a ton of interior living space, tiny homes and recreational vehicles can serve as a wonderful primary residence.

So if you're interested in entering the tiny home lifestyle, you have a choice to make. Do you invest in one of the many types of RVs, or a tiny house?