Thursday, June 12, 2008

Why buy when you can rent or borrow?

In today's society we are trained by mass media that purchasing something is probably the best thing to do.

Have you ever thought about renting a movie rather than buying it?

Have your thought of going to the library rather than buying a book from the bookstore?

Have you ever thought of renting a larger vehicle for use on the weekends were potentially renting a truck for moving something rather than buying your own truck and parking in the driveway?

What about power tools? Can you rent a saw rather than buying one? Can you borrow a saw rather than buying one?

There are probably more examples that I have not identified and that you can come up with. Overall, you can easily save money by not buying something that you will only use once and never again. If you use it multiple times, then buying it might not be a bad idea. Conversely, if you want to be a super stingy person than you can also rent it multiple times or even borrow it multiple times.

No comments: