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You're a breadwinner now! Congratulations! So, now that you have an income, have you given some thought to saving? If you haven't, now would be a good time to start. It is often seen that young people unintentionally spend way too much, leaving them with very little money at the end of the month. If you're not wise with your money from the very first day, you'll end up in a bad place. So, here are some awesome hacks that help young people save up some cash. Did you know that young professionals prefer renting in Bangalore to furnish their homes? Here are 5 reasons why. Accommodation is vital. You cannot skip having a place to stay. This means your chief expense is probably going to be rent for your apartment. You cannot skimp there; we understand. However, furnishing your house does not have to be expensive. Appliance and furniture renting in Bangalore is the youth’s go-to way to have an instantly furnished home. Everything from essential appliances to furniture is now available for rent on Guarented. We’ve discussed how renting in Bangalore can be a great way to save money. Here’s another great tip. Do not put all your money in one place. At least have two accounts, out of which only one will be used for daily expenses. Transfer what you need for a month to the spending account as soon as you get your salary. Leave the rest untouched. Lay out a budget for yourself. Calculate how much will be needed for rent+utility+transportation+food and entertainment. If you do not have pending loans or other responsibilities, you should be able to save quite a bit by renting in Bangalore. You need not live in rags and in dilapidated houses to save cash. Thankfully, there are many ways in which you can save money while enjoying a decent lifestyle. People have been shifting towards an asset-light lifestyle because that is easy on the pocket and makes one liability free. This is something you could adopt by renting in Bangalore. Avoid buying too many consumer durables. Especially expensive commodities. Gadgets are an exception, though. Daily-use appliances and furniture are available for rent with Guarented. In fact, if you buy such products, you'll either shell out a lot of cash to get a good quality product or spend a little less and compromise on quality. In metro cities, especially ones like Bangalore, the latest thing among young adults is cohabiting with flatmates and renting in Bangalore everything they need. It is common knowledge that unfurnished houses are much cheaper than furnished or semi-furnished ones. If you rent an unfurnished house with your friends, the per-head rent would be quite low. The appliances and furniture renting in Bangalore can easily be done with Guarented. Sum total of all the rented products, when divided between flatmates, then becomes quite nominal. According to research, this method helps people save as much as 80K in a year! So if you're in a posh house now, you could seriously consider moving in with your friends into an unfurnished house and then choose furniture and appliance renting in Bangalore with Guarented. Food is vital; we can all agree on that much. However, dining out or depending on take-outs every day could get expensive and unhealthy. The food industry is constantly under the scanners for potential adulteration scandals, which is not good. Nowadays, it is hard to trust even the raw materials, so imagine consuming hotel food daily and the strain it puts on your body and finances. The healthier and money-friendly option would be that you prepare your meals at home. Or even appoint a cook if you are not very enthusiastic about cooking. But having a functional kitchen is also an expensive setup. Once again, Guarented is here to help out. From refrigerators to convection microwave ovens that can cook whole meals, kitchen appliance renting in Bangalore is made seamless with Guarented! And finally, cover your health. If your job doesn't give you health insurance, get one for yourself and dependent family members. Unexpected health issues can drain your finances in a matter of minutes. So do not take health insurance lightly. Get one to protect your budget. Everyone needs utilities. Phone, internet, gas connection, maids etc are all essentials. Prepaid options are ideal for those of you who are cautious about money. That is one thing you could consider. And then there is transportation. In big cities, you can always depend on public transportation means. If that doesn't suit you well, there are cabs! In Bangalore, you would actually find more cabs on the roads than private vehicles. Carpooling or cab renting in Bangalore are very economical transportation options these days. Make use of them instead of buying your own vehicle just yet. The next and one of the biggest expenses for young adults is entertainment. Just a movie at a mall would cost around 500 bucks. And then the cost of getting to and returning from the movie and the refreshments you have in between could get you anywhere near a thousand bucks. Imagine doing that multiple times in a month. Or just coffee with your friends too. Unfortunately, food renting in Bangalore is yet to be a thing for obvious reasons. If you ever sat down and analyzed your expenses, you'll notice that a lot is spent on entertainment and shopping. Thankfully, you can get quality entertainment via renting in Bangalore! Very often, at the end of the month, you'll have little money left for your bills. So how do we deal with this? Quitting or staying away from amusements may not be feasible. You need to vent out that steam and make yourself happy. What you can do instead is find pocket-friendly ways to amuse yourself. How about getting a smart TV via renting in Bangalore? That's where Guarented steps in. We rent out smart TVs at very, very pocket-friendly prices. You can use the TVs as long or as little as you want! When you’re done renting in Bangalore, simply return the TV to us! If you’ve ever watched the movie Confessions of a Shopaholic, you'll know the kind of feeling one gets when you have no money and end up having to sell everything you need. Becky tells us wisely that turning her life around and starting to plan out her finances was the best thing she ever did in life. So let's lend an ear to that. Be enthusiastic about saving, do not go crazy when you see a sale and above all, always, always keep some aside for a rainy day. And as this article says, renting in Bangalore is the way to go! When you rent furniture and appliances from Guarented, you get the following benefits: Free service warranty: Guarented offers a free service warranty on all of its furniture and appliances. This means that if your furniture or appliance breaks down, Guarented help out with repairs or replacements. Easy upgrades: If you decide that you want to upgrade your furniture or appliance, Guarented makes it easy to do so. You can simply return your current furniture or appliance and rent a new one. Quick delivery: Guarented typically delivers furniture and appliances within 72 hours of placing your order. Customer support: Guarented has a dedicated customer support team available to help you with any questions or problems you may have. Seasonal discounts: Guarented offers seasonal discounts on furniture and appliances. This is a great way to save money on your rental. How long does it take to get my order delivered? Guarented typically delivers furniture and appliances within 72 hours of placing your order. However, there may be some delays during peak seasons. If you have any questions about delivery, please contact Guarented's customer support team. How do I install/assemble my order? All products you order from Guarented come with assembly and installation services. This means a Guarented representative will come to your home to assemble or install your furniture or appliance. If you would prefer to assemble or install the furniture yourself, Guarented can provide you with instructions. How do I return my products when I am done using them? To return your furniture or appliance, simply contact Guarented's customer support team. They will arrange for a Guarented representative to come to your home and pick up the furniture or appliance. What if I am not at home at the time of delivery? The date and time of delivery will be communicated to you ahead of schedule. If you are not home at the delivery time, you can arrange a different time that works for you. More blogs on home furniture #1 Renting In Bangalore Helps Save Money
#2 Save Diligently
#3 Adjust Your Lifestyle - Go Asset-Lite
#4 Kitchen Appliance Renting In Bangalore
#5 Entertainment & Transportation Via Renting In Bangalore
Look After Your Money, And Your Money Will Look After You
FAQ
What benefits do we get if we rent furniture and appliances from Guarented?