Save Money Even While you’re Renting

The renting costs nowadays is on the rise, especially in Utah. According to studies, the average renter usually spends at least 35 percent of what they earn every month. However, getting a house is even more expensive. Not only will you be paying for the property taxes, you also have to worry about the costs for your house’s maintenance and repairs. That’s why most people would still rather rent instead of getting their own house. But there are still ways on how you can save money even you’re still renting.

Negotiate with Your Landlord

If you’re planning to sign a new deal or renew your lease, talk to your lender and see if you can negotiate your renting fee. There’s no harm in trying so you can ask him you can get a discount since you’re going to be renewing your lease with them. If she looks like she isn’t open with the idea, try to see if you can include the utilities to your renting fee instead.

Search for a Roommate

If you have a spare room, why not look for someone who can occupy it? It’s a great way to lessen your expenses. Instead of shouldering everything on your own, you have someone to share the expenses with. Living in Salt Lake City can be expensive. That’s why there are a lot of people who are willing to rent a room instead of renting their own place. It’s relatively cheaper plus the expenses will be cut in half as well. Just make sure to ask your landlord’s permission about this.

Discounts for every Referral

If your landlord is looking for another tenant, try to offer him some assistance in exchange for a discount on your rent. Your landlord will get a new source of income while you can cut a portion of your rent because of the discount.

Share Your Meal

Another easy way to save money is by sharing your meal with your roommate. You can even ask her if she would like to shop with you so that you can split the cost. This will be very beneficial for the both of you since you wouldn’t be spending much for your every meal. Plus, you can even make an agreement as to who will be in charge of cooking per day. Both of you will save a lot of money since you’ll only be preparing one meal for two persons already.

Be Mindful of How You Use Your Utility

You might be surprised as to how much your utilities can drain from your paycheck. So before you leave the AC on, make sure to check your utility bill first and learn how to manage the energy.