Money Magazine - Rent These For A Good Lifestyle and Save Several Bucks
With the economy taking a downhill in recent years, people are either losing their jobs or getting paid less than before. Hence, they are finding it very difficult to maintain their previous lifestyle. If you are one of those who have lost his high paying job or your paycheck has dwindled, do not worry, there are some simple tried and tested tricks and hacks that will enable you to face the tough situations life will throw at you. One such trick is to rent stuffs instead of buying them.
Owning things may seem cool, but renting certain things you only need occasionally is a wise financial decision. It not only helps you to save money while maintaining your lifestyle, but also has a positive impact on environment. When you rent things instead of buying, it will conserve the massive energy required to produce new products. For example, if five people rent a car instead of buying individually, then a single car is manufactured, instead of five and huge energy is saved as four cars need not be manufactured. Further, more the things we buy and then throw away after using, more waste is produced. Therefore, sharing resources and renting stuffs is an amazing idea to save both money and our planet.
Cars
Cars are expensive and buying them put unnecessary strain on your financials. Not to mention the cost of their maintenance. It is better to use public transport instead of buying cars. If you need to travel longer distances, you can easily rent a car of your choice from any rental services available out there. You can either rent the car along with the driver or without driver.
Books
Renting old books from library or online rental platforms is a better option than buying them. You may not need the books after a semester is over and hence buying them will prove unnecessary. Further, renting books instead of buying a new one saves paper and helps in protecting trees.
Designer stuffs
It’s not a smart idea to buy a dress you will only wear once. It would be wiser to just rent one and then give it back after partying. You can rent other designer stuffs like handbags, shoes, fashion jewelries and other accessories as well. In this way, you will always have a new clothes and accessories for special occasions without paying huge shopping bills.
Sports equipment and power tools
There are certain sports you indulge in hardly once or twice a year during vacations. It seems really stupid to buy those equipments instead of renting. Similarly, there are power tools, you don’t use unless a problem occurs. Hence buying them, will not only put a dent in your pocket, but also utilize unnecessary space in your home. Therefore, it is a smart choice to rent these stuffs when you need them.
Entertainment related stuffs
Buying a DVD of a movie or watching it in theatre is very expensive. Even online streaming of movies though free need high speed internet and unlimited data for watching them. It is lot cheaper and less complicated to rent the DVDs and watch them. This point also applies to other entertainment related stuffs like video games, music etc.
Though it is a pleasant feeling to own something that belongs to you alone, but if a number of aspects are not considered before investment, these fleeting moments of happiness may prove detrimental to your financial stability. Thus, it is better to rent things to save bucks and buy only when it is really necessary. Renting is a smart option for saving money and still maintaining your good lifestyle. It is better to save money today than face financial crisis tomorrow.
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