Are you planning to move places in the recent future? Maybe, you just got a place of your own! Exciting times ahead, congratulations! But either way, you are currently experiencing a huge financial drain.
Australia is one of the most expensive places to live in. This means that expensive utilities, expensive real estate, and everything in between is expensive too! On top of that, if you have to spend more on something, it could lead to more financial as well as emotional strain. However, the utility of somethings is indispensable. For example, furniture! We all need some or the other type of furniture in our homes. Even if you are a minimalist and you do not want to clutter your space (which we feel is very smart), you would still need a bed at your home. You will still need perhaps two decent chairs and a sturdy table.
Whatever is your requirement, furniture in its different shapes and sizes makes up an essential part of our different houses. So, while putting a huge amount of your savings into the furniture could increase your financial strain, renting could be the sweet deal for you to close!
When you rent your home furniture, you aren't paying at least ten times the money you would need to pay to buy it. Moreover, furniture is the one investment that isn't even an investment. Since the minute you purchase it, its value starts depreciating. So, let's say you bought a bed and after a few months you want to sell it out, you would not get it sold for the same price. If you are lucky enough, you would only incur a 1 or 2% loss. Most furniture, when sold after months, has already declined in value by 5 to 10%. This means that if you invest in furniture, you are merely putting a considerable amount of money away into waste! What you could do is rent your furniture out from a trusted portal such as RentaCentre and invest the saved money into fruitful avenues.
There's more; another advantage of renting furniture instead of buying it is that every few months, you get to redo your house. You could opt for different pieces of furniture and give your home a proper makeover every once in a while. You could completely revamp the furniture that you got if you mention it in your rental contract.
When you buy the same thing, you are stuck with it for a longer period.
Moreover, when you buy an item of furniture and move a place eventually (which most of us will) the logistics of transporting the furniture fall upon your shoulders. What this means is that you may have to incur extra charges and still run into the risk of damage. Upon renting, your rental provider would handle the logistic parts. You will only be responsible for what happens to the device after it has reached you.
If you are presently starting in the corporate world or just thinking of setting up your own business, you need to save every penny you can.
This saving can come in the form of renting your furniture out. Your house warming cannot wait, and so, we understand that you need to put your furniture in place as soon as you can. The one way to get it done is by renting it out and not burning a hole in your pocket!
Before you sign the contract for rentals, we recommend you go to all the options present at your disposal and choose the most reasonable and flexible one.