Tag Archives: bills

Fitting Independence in the Budget

When Easter Seals Greater Houston Housing and Financial Coach Carmen Phillips first met “C”, she was transitioning out of homelessness and back into her first apartment.  Due to her disability and low wages, C has always needed a roommate in order to afford housing.  Unfortunately, depending on a roommate to fulfill their half of the obligations proved detrimental to C’s financial stability and left her homeless yet again.  After several months of homelessness, she eventually managed to find a new roommate she had met at the local shelter and they got a new apartment. Despite some of C’s objections about saving money, she and Carmen continued to work together to build up her savings account just in case she found herself in a similar position in the future.  Because she receives disability and works part-time, it was hard for her to rationalize why she needed so much money in her savings account, since her disability was guaranteed.  Well, fast-forward to COVID-19.  Unfortunately, C was laid off from her part-time job and the very same month, her disability benefits were suspended due to some type of error regarding her wages.  She was now stuck in an apartment lease with zero income.  Fortunately, she had her savings to fall back on until her disability benefits were re-instated.  Throughout the pandemic, with the help of her stimulus checks and her unemployment, C managed to pay her rent, pay off her credit cards and build her savings up to $17,000. 

However, shortly thereafter, C’s roommate left unexpectedly, leaving her stranded with a 2 bedroom apartment and bills to pay. Fortunately, she had her savings account and decided to make a drastic move.  She took a portion of her savings and purchased a 5th Wheel Travel Trailer in order to have a home of her own.  C now owns her own place, does not have to depend on a roommate to split housing costs, pays less renting her RV spot than her apartment and has drastically lowered her electric bill, all while retaining $5,000 in her savings account.  C hopes to eventually save up her cash and purchase a small lot in order to completely eliminate paying monthly rent to anyone.

Learn more about Easter Seals Greater Houston’s free resources for Financial Education, Homebuyer Education Services & Public Benefits. Our agency also has programs for Veterans, Service Members, and Military-Connected Families here.

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