03 November 2017

The Ultimate Renter's Guide to Saving Money

Expense, expense, expense! That is what it can feel like when you're moving home to a rental property, what will all the fees and costs involved. However, there are some very valuable strategies that you can follow to save you some hard earned cash and have a successful rental move that won't break the bank. Read on to find out what they are.

Shop Around--

It's funny, but sometimes people forget that renting a home is like any other higher value purchase you make. You are rarely (if ever) going to go for the first thing you see. Instead, you need to shop around to check out the best items and the best price, and this is exactly what you should do with rental properties, too.


However, it's important that you don't let your emotions rule your head here, especially if you're likely to fall in love with a certain place because you have to consider things practically to get the best deal. Look online for a room for rent or a whole property to get an idea of the price that you will be expected to pay, and then go and see these places in person.

Remember, too, to ask the property company that is dealing with them all about the initial fees and deposit you will be expected to pay, as well as your first month's rent. This is because different companies have different rates and you can save a lot if you go with your head and not your heart and pick the right one.

Drop the Professional Movers-- 

Next, if money is a concern for you then its advisable to not hire professional movers and do the heavy lifting yourself. Yes, this is going to take a lot more physical work, and it will probably be a tad more stressful as well, but you can save hundreds of dollars this way.


To help you make it go as smoothly as possible, recruit in family members and friends to help you move the large items like pieces of furniture. You can also ask them to pitch in with transporting items from one place to another or hire a van for the day.

Furnished from Preloved & Upcycled--

Next, it is common to find that when you move into a rental property, you do not have the right furniture to fit into the space that you have. Of course, most of us then decide to go out and buy new stuff rather than have our home in chaos, but this can be a very expensive thing to do. So, instead of buying brand new, or even worse putting things on credit, why not furnish your rental space with preloved or upcycled items?

Preloved items are things that have been used before but are still it pretty good condition. These should be a lot cheaper, and you are doing the planet a service as the won't end up in landfills when they are still perfectly usable.  There are a lot of places that you can find these from garage sales to online auctions. This makes preloved things a great low-cost way of furnishing a home, although you do need to be aware that it may be harder to find things that all match, shopping in this way. That is why you often see apartments furnished in a retro or Scandinavian eclectic style, as then you don't have to be so strict about getting everything from the same collection. Something that produces a pleasant look and can make spending less money much more achievable.

Ask for a Decoration Contribution--

Last, of all, one thing that many folks find they want to do when they get into their new rented accommodation is to decorate to make the place seem a bit more like home. Of course, this is one thing that can really add to the cost of the move, and as it's not even your own property that you are decorating, so it can often seem like a bit of a waste of money.

That is why it's always best to do any decorating in agreement with your landlord, as then you can negotiate with them for a contribution towards the cost. After all, they are getting a newly decorated property for nothing! Although, do remember that you will need to have an in-depth discussion about what colors you can use and what item you can fix to the walls, or you may end up losing your deposit when you move out.  Something that could cost you more money in the long run and eat into your moving budget for next time.


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