At the Chernov Team, we understand that owning a home in the Studio City area is very expensive; but did you know that there are a few important household items that you can rent for a fraction of the price of owning them? This is particularly useful with items that will only see limited use. Below is a list of a few items you may not have known that you could rent.
1. Energy Efficient Solar Panels
If you’re like most homeowners, your utility bills are a constant thorn in your side, an ever-present bane to your household budget; if only you could find a way to decrease those costs, because yelling at the kids to turn off lights when they leave a room isn’t cutting it right? Solar panels are a great way to reduce your electric bill, and wont cost you an arm and a leg. While the cost of owning solar panels can be off-putting to most people, the cost of renting solar panels is far more manageable – for example, Tesla’s 3kW costs between $25 - $100 per month to rent depending on the specifics of your home. In most cases, the solar panels will save you more than your monthly electric bill.
2. Furniture
Imagine this, you go to the store and pick out the perfect couch for your living room for $800. You place your couch in your living room and love it, but now it needs matching chairs, rugs, etc. so you go out and buy those for another $800. Your living room looks spectacular… for a while. Eventually, the room starts to feel a little stale to you, and you feel a redesign is in order. You sell your furniture online for a fraction of the price you purchased it for, and then shell out hundreds of dollars for more furniture that you will invariably sell online for a fraction of the price. Why not just skip the wasting money part and rent different pieces of furniture at your leisure; you can only lose money if you’re the type of person who wants one color scheme for the rest of your life. Websites like Furniture offer rentals on a variety of household furniture for as little as $50 per month (if we use our $800 couch example, that’s 16 months of couch, with none of the commitment). Sure, you make good money – that’s no reason to be a dunce about your spending habits though.
3. Christmas Trees
Buying a Christmas tree is a fun family activity, but logically it doesn’t make any sense. You shell out all this money for a tree that will spend a few days in your living room and then end up in the trash. Companies like Living Christmas Company have solved the wastefulness of Christmas with a novel concept; let people rent their Christmas trees! The idea is simple, you and your family pick the live Christmas tree that will make your holiday perfect, Living Christmas Company delivers the tree to you and picks it up afterwards, then Living Christmas Company repots the tree so it doesn’t get thrown out and go to waste. While Christmas is the season of giving, that doesn’t mean we should be wasteful.
At the Chernov Team, we understand that money doesn’t grow on Christmas trees. In the interest of building a better tomorrow for our families, it is important to spend our limited assets efficiently, and sometimes renting is better than owning.