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7 Great New Year’s Resolutions For Renters

7 Great New Year’s Resolutions For Renters

John Cameron2019-02-27T08:00:58-06:00
Apartment Living

The New Year is an ideal time to think about ways of improving your routine in 2019. It’s also the time to refresh and reflect on your life.

While numerous people concentrate on fitness and health goals especially after a season of drinking and eating throughout the holidays, you can commit to other resolutions to make your life more organized and enjoyable.

A happy rental is vital to happiness, so some resolutions for your rental are excellent ways to set yourself up for success. Fortunately, you can make these simple changes that will leave a big impact on your rental.

1. Commit to Timely Rental Payments

While this might seem apparent, its effect on your mental health is paramount. Issuing your check on the first day of each month will ensure you have a balanced bank account and you won’t have to worry about door notices by the management.

You simply need to schedule a reminder using tools such as Google calendar. It’s worth noting that timely rent payments are beneficial to your credit score as well.

2. Enhance Your Financial Capacity

Enhancing your financial capacity is a significant resolution for renters. You can do so through investments in the stock market, establishing a business, or generating passive income. This will come in handy particularly when the property owner decides to hike the rent.

3. Declutter

It might be tempting to have more items in your rental. However, you’ll soon discover that this could make your place seem crowded. Consider going through your closet and throw or donate anything that’s stained, ripped, or unworn for a long time.

Decluttering doesn’t merely involve the closet. You should go through the kitchen drawers and discard items you don’t use. Next, examine the bookshelf and establish what you like and what you’ll probably never read. Decluttering will make you feel refreshed and organized.

4. Have Emergency Funds

Setting up emergency funds is extremely crucial. Actually, you should do this as soon as you begin working. Having this kind of fund will help during a dry spell, for instance, an abrupt loss of employment or health emergencies. If you lack one, it’s best you incorporate it into your list of new year’s resolutions.

There are numerous ways of saving for emergency funds. One way involves separating 1/3 of your income each payday until you attain the desired amount. Experts assert that the fund must be at least thrice your net salary and that it must grow constantly. Additionally, it must be something you can withdraw easily.

5. Buy a Huge Item on Your Rental Wishlist

Everyone has something he’s been longing for a long time, but the price tag oftentimes proves to be a hindrance. The New Year is the ideal opportunity to let go of the checkbook a bit and buy that must-have item on your wishlist.

Go ahead and splurge on the sectional or headboard you’ve wanted for a while. Your apartment will feel homey and you’ll appreciate yourself for having accomplished something.

6. Use Energy Responsibly

If you wish to save this New Year, consider being responsible when it comes to energy use. This implies switching off appliances when no one is using them or during times when the room is empty. It’s a good way of saving money and extending the lifespan of your appliances.

7. Undertake an Improvement

While it’s your landlord’s responsibility to ensure your unit is updated and safe, you could do small things around the rental to enhance it and make it feel like home. For instance, you could change the drawer pulls in the bathroom or kitchen or put temporary wallpaper in your bedroom.

Final Thoughts

The New Years always provides an opportunity for a new start. If you’re a renter without resolutions, consider this list.

For more information on New Year’s resolutions for renters, contact us at Apartment Agents or leave a message.

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