Monique Jeremiah makes more than $600 in additional income each month because to the rental of part of her bed.
The businessman from Australia is responsible for coining the phrase "hot bedding."
She claims that it is ideal for individuals who are looking for companionship in addition to financial benefits.
individuals have been forced to get creative as a result of the rising cost of living crisis. One forward-thinking entrepreneur is making a lot of money by renting out half of her mattress to individuals who are looking for a cheap place to sleep; she calls this technique "hot bedding."
During the pandemic, Monique Jeremiah, a resident of Queensland, Australia, saw a decline in her income and began searching for ways to increase it. She came up with the idea of selling heated bedding during this time.
The Australian woman believes that renting out half of her bed to a stranger for the sum of $631 per month is the "perfect solution" for people who are both lonely and financially strapped.
The woman, who is 36 years old, revitalized her career by using the additional revenue to launch her own dream company, Diversity Models. Diversity Models is a modeling agency that focuses in delivering curvy, cultural, and mature-aged models to businesses.
During the epidemic, an Australian woman named Monique Jeremiah from the state of Queensland came up with the concept of heated bedding.
The Australian woman believes that renting out half of her bed to a stranger for the sum of $631 per month is the "perfect solution" for people who are both lonely and financially strapped.
'It is the perfect route to save money, live simply, and of course not be alone,' the Australian entrepreneur and reality TV star stated, claiming that this will be the future for property owners and claiming that this will be the future for property owners.
Jeremiah told Caters News that "hot bedding is excellent for people who are able to detach emotionally and sleep next to another person in a completely respectful and non-strings-attached manner." "Hot bedding is excellent for people who are able to sleep next to another person in a completely respectful and non-strings-attached manner."
Although he referred to it as the "perfect situation," the business owner did acknowledge that it was necessary to establish certain limits—for both of the persons involved.
"It is the perfect situation, especially if you are a sapiosexual, like myself, and you prefer companionship over the physical," she explained. "It is the perfect situation, especially if you are a sapiosexual, like myself."
Sharing a room with two beds is 'exactly like' having hot bedding, according to Jeremiah. The most notable distinction is that you sleep on a single mattress.
She went on to say that "it is just like sharing a room with two beds; however, you only sleep in the same bed together, so you definitely want a big bed and lots of space in the room to make it worthwhile." Since "it is just like sharing a room with two beds," it is clear that "it is just like sharing a room with two beds."
During the COVID-19 epidemic, Jerimiah's world, like the worlds of many other people, was flipped upside down, which is where the idea for 'hot bedding' came from.
"At the beginning of COVID in early 2020, I found myself suddenly single; my thriving business of an international education agency and student accommodation collapsed overnight; and my teaching career suddenly became unfulfilling as education went online," she added. "At the same time, my thriving business of an international education agency and student accommodation collapsed overnight."
The hot-bed guru continued by saying, "My life was literally falling apart and I had no control over it."
"I knew that the only option I had was to innovate and think outside the box, and that is how I decided to do hot bedding," the speaker says.
Sharing a room with two beds is 'exactly like' having hot bedding, according to Jeremiah. The most important distinction is that you sleep on the same mattress.
Additionally, the Queensland businesswoman has allowed her exe-boyfriend to sleep on her mattress in exchange for a weekly payment of $160.
Jeremiah described a time when she had to'swallow her pride' and make contact with her ex-boyfriend, whom she hadn't spoken to in a year but who had slept in her bed for two of the years that they dated. Jeremiah hadn't spoken to him in a year.
I asked him, "Do you want to survive COVID together?" and he responded in the affirmative. "and to my surprise, he said "yes,"" she recounted, "he said."
Surprisingly, the arrangement was successful, which prompted Jeremiah to carry it out a couple more times. Despite the fact that the prices have grown to reflect the rising cost of living, she maintains that it is well worth the investment.
"I have now rented to my former partner on two separate occasions," she stated. It won't be long before he comes back to sleeping with me.
She stated, "I will be raising the hot bedding rate to $160 a week when he returns as the cost of living has gone up significantly in Australia and my room is still a beautiful, comfortable room, the size of a five-star hotel suite." "When he returns, the cost of living has gone up significantly in Australia and my room is still a beautiful, comfortable room, the size of a five-star hotel suite."
Jeremiah claims that the notion has been perfect for her up to this point, despite the fact that some people find it strange.
She emphasized that becoming an entrepreneur is already a solitary endeavor because it requires one to develop a firm from the ground up. The question then becomes, "Why sleep alone when you can sleep with a companion, with someone who has the same discipline and drive, while making money while you sleep?"
She claims that her room is still "beautiful and comfortable, and it's the size of a suite in a five-star hotel."
Home, sweet home, just the two of us: A number of TikToks included discussions on the idea, with some users characterizing it as "sad."
Jeremiah is convinced that using heated bedding is the way of the future, and he predicts that the popularity of this trend will only increase as the expense of living continues to rise.
The rising expense of living has given rise to a growing interest in the concept of hot bedding.
7,000 international students who were residing in Sydney and Melbourne were asked their opinions for a survey that was conducted in 2021 by the University of Technology in Sydney. Three percent of the students polled admitted using hot bedding to save money on rent, while forty percent of the students reported skipping meals due to financial pressures.
According to a survey that was conducted in the United States in 2022, nearly three quarters of Americans stated that they were anxious about the growing costs of electricity and gas. This was because customers faced high rises in prices of heating oil, propane, and other fuels in the coming colder months.
Because the cost of rent in major cities is increasing at a faster rate than the average income, over two thirds of those surveyed stated that the current energy crisis and the rising cost of living were impacting their plans for future spending. And they have good reason to say this; the energy crisis and rising costs of living are affecting the cost of living.
According to data provided by Moody's Analytics, the annual rent in the United States has climbed by a total of 134.9 percent since 1999, while incomes have increased by a total of 76.8 percent during the same time period.
The research conducted by Moody's revealed that in 2022, the proportion of household income required to rent an apartment priced on average in the United States exceeded 30 percent for the first time in the 25 years that Moody's has been tracking the trend.
It would appear that cash-strapped renters are becoming more interested in the 'hot bedding' craze.
On some of the TikToks that have been posted regarding the idea, some have commented that it's "sad," while others have claimed that they already do it.
One user argued, 'Just get a bunk bed,' while another said, 'It's a terribly sad way people are forced to live.' Bunk beds are available for purchase online.
Other users of TikTok claimed that they had even experimented with it themselves.
My friend and I do this together, and I'm now studying medicine in New Zealand. "Of course," they wrote, "at first it was completely anonymous, but we decided to meet." At the time, neither of them knew the other.
"I work with a nurse who is responsible for doing this. 8 people crammed into a house with only two bedrooms. Someone else remarked that while one area served morning and nightshift customers, the other served 9 to 5 and interstate customers.