There’s no way around it – you need extra cash. While selling blood plasma may have crossed your mind, there are easier ways to pad your bank account. Have you thought about selling stuff that you no longer want or need online?
From furniture to textbooks and even the most random knick knacks, you’d be surprised what people are willing to pay for the stuff you’ve long neglected. The hard part may be determining the best vehicle for getting your stuff into a buyer’s hands. Craigslist and eBay are two notoriously popular options, but which one is right for you? Apartment Guide explains the good and the bad of each.
Our recent budget survey found that a majority of people who are moving opt to do the work themselves — without hiring a moving company – and they are spending less than $1,000 on the entire move. One in three renters plan to spend more on entertainment at home in their apartments this year, however. (Maybe that’s where the moving money is going?)
On that subject, LearnVest notes that the average American spends over $900 a year on cable. You might consider a less-expensive option to get access to your favorite shows, like HuluPlus or Netflix, instead.
Here are a few easy, fairly painless ways you can get a new saving plan started in 2014!
Lose the “latte factor”
Financial expert David Bach, author of the best-selling Finish Rich books, advises everyone to determine their “latte factor.” Your personal “latte factor” refers to the small, seemingly insignificant items you purchase on a regular basis, such as a daily coffee from Starbucks. These items may have small price tags, but when purchased periodically they really add up. You could buy café lattes five days at $3.50 a pop, or you could choose to save that money — which adds up to over $900 a year — in an interest-bearing account. Saving money is the same thing as making money, so it’s a good idea to look at where you’re bleeding extra cash — such as daily coffees, cigarettes, unused gym memberships, etc. — to consider what you might be able to cut out.
If your used clothing is in good shape, consider selling a few items to make some extra cash.
It’s practically inevitable: Live in an apartment for a while, and your rent is likely to go up at some point. And hey, we feel your pain. No one likes to pay more per month for the same thing. But c’est la vie, life isn’t fair, you can’t always get what you want, etc.
The National Association of Realtors predicts average apartment rates will rise 4.3 percent in 2014. That could sting a little – unless you’re prepared to budget for a rent hike. We’ve got some ideas to adjust your spending habits so it won’t hurt as much to give your landlord a little extra money every month.
The new trend in long-term renting serves many apartment dwellers well. Check out the economics behind the phenomenon here.
If you see yourself living in your apartment for the foreseeable future, you are not alone. Chances are, you may fall into a category labeled “perma-renter.”
For perma-renters, apartment living isn’t a temporary situation; it’s a preferred way of life.
The number of perma-renters is on the rise. In the wake of the recession, the housing bust and a stagnant job market, perma-renters have no interest in becoming homeowners. They’re content to stay put, seeing apartment life as a more convenient and affordable alternative to buying a home.
Here’s a look at some of the economic factors helping to create the current perma-renter boom.
Will you hire professional movers or do the hauling yourself? That’s one question to consider when you’re planning to move.
Moving involves a number of steps, and getting a firm grip on the details can really help. You can likely lower the cost of a move, for instance, when you seek out reliable information. After all, a little intel goes a long way.
To get a handle on how much a move might cost, keep these six key questions in mind.