|Two old cook books in perfect nick for $5.|
I love the two fat ladies and their delicious
food and fun
THIS post is for renters.
So often renters can be made to feel like they are second-class citizens because they have not quite 'made it' to the top of the financial pack. Those with their own home (well with mortgages anyway) can sometimes make renters feel a little inferior...."Oh, you only rent" or worse still "What, you're STILL renting?"
OK renters - cheer up, gird your loins because the following should make you feel much more worthy. Renters can rock at being frugal along with the best of them!
|Curious shaped boxes always|
make for a unique storage
- Don't have to worry about paying twice the price for their house due to interest payments
- Renters can always afford to rent a nicer place than they can afford to buy
- Renters never have to worry about installing new kitchens or upgrading bathrooms
- If something breaks or wears out - ring the landlord and keep your money in the bank.
- Save on a million home improvements that you simply would never be tempted to do on a rental property.
- No distracting thoughts about resale values or updating for the market.
Renters can still excel at being frugal. Just because you rent does not stop you from stockpiling, cooking from scratch, furnishing your home off gumtree (seriously, the beautiful things people just give away!), being mindful of power and water usage, growing your own vegetables in containers, mending, making do, saving and practicing thrift.
|The overflow working perfectly on my self watering vegetable|
boxes. Unlike other wicking boxes, 90% of the bottom half is
just water - no medium or filler in this version.
Renters - Try This Tip:
Most renters can certainly afford mortgage repayments - it is usually the deposit that seems impossible to save up. Also stamp duty in Australia is pretty much the same amount as a basic home deposit....also seemingly impossible to save up.
So what to do? Well, just pretend you DO have a mortgage.
By pretending you have a mortgage, this will allow you to save a deposit for a home (or even enough to buy a country town home for cash if you are patient!). In Australia, rent is usually much cheaper than having a mortgage.....rent of $450 per week would require you to have a mortgage payment of about $600 a week for the same home (using basic average figures). So pretend you are paying the $600 per week mortgage - just pay your rent and bank the $150 every week (that's $7800 saving per year using this example). This will require you to tighten your belt exactly as if you were in a mortgage.
Just a thought folks.
Take care folks and stay nice.