Saving Money How to cut down on rent to save money

[Augusta]

Payment of Rent is one major drain on one's finances. If one is looking to save money especially on rents there are diverse routes to go but it should be the one that will be most comfortable for you.

The following ways can help you cut back on your rent.

Start with negotiating with your landlord: if you have been a good tenant. Let your landlord see the need to reduce your rent especially if they are open to it to help you save on it.

Secondly you can take up smaller places to save: This will be helpful if you would be living alone Save money on smaller apartment.

You can cut on rent and save money if you move to a cheaper area: some cities, towns, and neighborhoods can have cheaper places to rent so check them out and rent to save money.

What are other areas money can be saved with rent?

 

[Rubz]

I'm afraid bargaining with the landlord to cut down one's rent does not work out in my country even though one has been a good tenant. The highest thing I know a landlord can do for his or her tenant if they have been good is to enlongate their payment date if they were not able to meet up with their due date of payment
Moving to a cheaper area is a very good way to cut down one's rent. Some people might see it as one settling for less, but that is not true. One is simply being smart by saving more money. One might even be lucky to get a place way better than the one another person is living in who is paying exactly the same amount as one but in a more expensive location.

 

[Yusra3]

There are a number of ways to save money on rent, and one of the easiest is to cut back on your rent. This is a great way to save money while still living in the city you love, since you'll be able to enjoy all the things you want without sacrificing your lifestyle.

First, do some research. Figure out what kind of apartment size will suit your needs and budget. Then calculate how much money it would cost each month if you were paying rent instead of buying furniture or appliances. If this amount is too high for your bank account, then go ahead and buy whatever's necessary for living space. just make sure it fits within your budget!

Next, look at whether or not there are any other ways that can help bring down your costs. For example: maybe there's an opportunity to sign up for a roommate who'll pay half the rent or split utilities with you so that both halves are paid monthly (or even bi-weekly). Or maybe there's an option where you could get a discount on electricity through having solar panels installed on top of your roof? Whatever it is, don't hesitate to reach out and ask questions about how each option works from an economical perspective!

 

[Yugocean]

Negotiate with the landlord?
This idea is never going to work if you are new, but for old tenants, a landlord might accept this, only because connecting with a family for years will make him emotionally attached.

A relative's family used to live in a flat near a market; the rent was too high, but as time passed, the landlord did not increase the rent much due to good relations with that family. They lived there for 20+ years.

Later, when they moved to another city, that flat was rented to another family. Those new tenants were new to the landlord; there were no emotions now, so anything negotiable wasn't going to happen.

An old maid of our relatives informed us that a new family left the flat because the landlord increased the rent by 400%. (Once there was no emotion, the rent was increased as per market price.)

Final conclusion: You need emotional attachment with the landlords' family so that no one in the family objects to renting to you.