Is it possible to save money on items you can borrow from friends or family? Not only will you save money, but you won’t be cluttering up your home!
The following are some items that many people purchase but could benefit from borrowing instead:
1. Books – Since many people only read a book once, there is no reason to purchase one when you can borrow one for no cost or a small fee.
Most certainly, you live near at least one library.
Your local library is likely to have the book you’re searching for.
If not, most libraries within a city will have it, and they can send it to your nearest library.
2. DVDs and Movies – Aside from their treasured films, most people only want to watch movies once, similar to how they feel about books.
You should rent a movie from streaming services or a friend rather than purchasing one you will probably only view once.
Because Netflix has thousands of movies available to view whenever you want, you can even consider signing up for it.
Some streaming companies charge a modest fee for each movie you rent.
You can attempt a free trial of Netflix, and borrowing a movie from a friend likely saves you money.
3. Tools – Before you purchase a tool, see if you can borrow or rent it.
The best option may be to borrow the tool from a friend because most tools take up a lot of room and are expensive.
Renting from neighborhood tool stores is an additional choice. Rental fees at tool stores are generally quite reasonable.
4. Luggage – Traveling already costs a lot of money. You don’t need the extra expense of purchasing luggage.
If you go on trips regularly, you might want to buy a suitcase. However, the majority of individuals only take a few trips each year.
In these situations, check with your friends and family to see if they have a bag they’d be happy to lend you instead of going out and spending hundreds on a bag.
5. Sports Equipment – If you’re new to a sport, you might not be very good at it yet, or you might not keep playing the sport.
Until you discover you love playing a particular sport, check with friends and relatives to see if they have any used sports equipment you can borrow.
Save Money on Items You Can Borrow!
Simply stated, there are alternatives to buying something that will only take up space and be used occasionally.
Be judicious in how you handle and spend your money. If you think you should purchase something rather than borrow it, go ahead and do it.
But first, ask yourself if you’ll ever use that item again.
Additionally, consider what you need it for specifically.
In all likelihood, you may not need the item you’re considering purchasing more than once.
