The place I am renting is better than I have ever had. I have just got it the way I want it. The problem is the rent just went up and I got offered a place I had put my name on a list two years ago. The new place goes based on my fixed income. The new place would be 1/4 the amount I am paying now. With my fixed income and the place I have now, I can barely pay utilities. But it is a wonderful place. If I move I will have to give up one bedroom, two decks, a woodburning stove and a garden. I also cannot take my kitties as they will not allow them even with a note from my doc. Help!
2007-08-01 04:08:52 · 5 answers · asked by sisterwater92 2 in Business & Finance ➔ Renting & Real Estate
Sounds like your place is great; however, any place you rent is money being thrown into someone else's pocket. If I were you, I would go into the "new" place at 1/4 the rent, and take at least another quarter of what you were paying(preferably 1/2), open a money market acct and stick that extra into it. It may take awhile, but if you are self-disciplined, you can buy a home where you can have all those things you enjoy now. You sound creative and I bet you can take the new place and incorporate a balcony garden, use a room divider for a spare bedroom. I have no advice about the kitties (I have 9) except to know that when you do get your own place, no one is going to impose their rules on you!
2007-08-01 04:24:42 · answer #1 · answered by gorge momma 3 · 0⤊ 0⤋
You have to weigh the good and the bad. If you move out and to the new place you will be able to save up some money, so eventually you can move to your dream home. It requires a lot of sacrifice, but you have to think about what will be better for you in the long run. If you think you'll still be living where you are at now, 10 years from now, then you may want to find some way to supplement your income to afford the rent. If you look at the situation and you would really like to be somewhere else 10 years from now, then move and save up money to make your dreams come true.
2007-08-01 04:23:26 · answer #2 · answered by Olivia 3 · 0⤊ 0⤋
It sounds like you have no choice. If you can barely pay utilities what about other expenses? Maybe you could find some kind of part time job to supplement your income so you could stay. Ask your apartment complex, maybe you could be a tenant liaison or recreation director or something to help offset the rent.
Good Luck.
2007-08-01 04:15:27 · answer #3 · answered by Don 5 · 1⤊ 0⤋
You can't afford the place you are at. Move to the more affordable place. Since the new place is based on your income, you are likely to be able to afford it in the future. Sometimes you just have to bite the bullet and live within your means.
2007-08-01 04:19:33 · answer #4 · answered by bdancer222 7 · 0⤊ 0⤋
well i think u should move to the cheaper place. granted u will be leaving a lot of stuff behind but u will be saving a heck of a lot money. make a list and weigh out ur options. best of luck to you.
2007-08-01 06:14:19 · answer #5 · answered by spadezgurl22 6 · 0⤊ 0⤋