Which gives more financial stability between monthly and yearly rentals?

[King Belieal]

Most people have to live in rented apartments where they pay a stipulated amount as rents. There are always two options to pay your rents, and that is either monthly or yearly. Between paying your rents monthly and paying yearly, which one affords you financial stability?

 

[Fidelia]

I prefer to gather money and pay my rents in bulk at once because it gives me a mental release from having to frequently worry about rents.

 

[Authenticity101]

I think paying in bulk, as in an yearly payment is better off for financial stability. But then you need to consider whether you will live there the whole year to avoid issues with refund processes. If there was such probability of living there fully, you can pay yearly and focus on other financial decisions you have.

 

[cherry123]

I prefer yearly rental as you would be able to get bulk money and save better

 

[Etini Willie]

I think paying in bulk, as in an yearly payment is better off for financial stability. But then you need to consider whether you will live there the whole year to avoid issues with refund processes. If there was such probability of living there fully, you can pay yearly and focus on other financial decisions you have.

When I pay rents, I purpose my mind that I am going to live there a whole year. Unless something really unexpected happens that I would pack out but it has never happened before.

 

[nomad]

Let say your rent is $100. I believe paying $100 every month is better than paying 1200 for one year rent. YOu can invest your 1100 and earn with your money

 

[Fidelia]

Let say your rent is $100. I believe paying $100 every month is better than paying 1200 for one year rent. YOu can invest your 1100 and earn with your money

Some people just love the fact that they are not under any form of financial pressure every month to start looking for rents.