Are you living paycheck to paycheck?

Are you among the majority of Americans that are living paycheck to paycheck? If you are, this article is for you.

Most Americans live paycheck to paycheck, a large number can’t come up with $400 for an emergency, and there’s no money to save for retirement and other goals. - Richard QuinnClick To Tweet

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Living paycheck to paycheck is a way of life for the majority of U.S. workers, according to a CareerBuilder survey. Here are some of the highlights from the CareerBuilder study: 2

  • 78 percent of U.S. workers live paycheck to paycheck to make ends meet
  • Nearly one in 10 workers making $100,000+ live paycheck to paycheck
  • More than 1 in 4 workers do not set aside any savings each month
  • Nearly 3 in 4 workers say they are in debt today – more than half think they will always be
  • More than half of minimum wage workers say they have to work more than one job to make ends meet

How Can Rent Items Help You Achieve Financial Freedom?

One of the primary reasons why Rent Items exists is to combat this problem. Part of our mission is to help people adopt better financial habits by renting out the items they already own to generate an additional source of income. In addition, we want to help people to save money by renting instead of buying everything they need. Good financial habits start by changing the way we manage the resources we already own. For example, How many items you own are being put to good use on a regular basis? Most people only use a small fraction of what they already own on a regular basis.

The average U.S. household owes $16,061 in credit card debt.Click To Tweet3

Consider how you can be increasing your income and saving money by renting items that are sitting dormant which can instead be creating value for both parties – an owner and a renter. If you are older and have accumulated items over time, why not help others in your local community save money while you make an additional income in the process? What do you have in your garage, closet, storage unit, office, store, or warehouse that is sitting idle and only decreasing in value? What do you need only temporarily that would be better to rent instead of buying and owning? Creating good financial habits means thinking and doing things differently than what has been done in the past. It is our desire we can help our rental community create better financial habits and establish new ways to utilize the items we already own and are not using.

Join the Rent Items community today and start generating an income as an owner or saving money as a renter.

Footnotes

  1. https://www.marketwatch.com/story/these-16-money-wasters-are-why-so-many-americans-cant-save-for-retirement-2019-05-08
  2. http://press.careerbuilder.com/2017-08-24-Living-Paycheck-to-Paycheck-is-a-Way-of-Life-for-Majority-of-U-S-Workers-According-to-New-CareerBuilder-Survey
  3. http://money.com/money/4607838/household-credit-card-debt/