{"id":155,"date":"2022-03-25T10:47:25","date_gmt":"2022-03-25T10:47:25","guid":{"rendered":"https:\/\/compoundingstacks.com\/?p=155"},"modified":"2022-04-04T14:59:46","modified_gmt":"2022-04-04T14:59:46","slug":"what-are-common-expenses-when-renting","status":"publish","type":"post","link":"https:\/\/compoundingstacks.com\/what-are-common-expenses-when-renting\/","title":{"rendered":"What Are Common Expenses When Renting?"},"content":{"rendered":"\n
Moving into your own place is a thrilling feeling. It\u2019s a step towards being an independent adult and having your life together. <\/p>\n\n\n\n
But it can be hella expensive. <\/p>\n\n\n\n
Paying the rent itself is probably one of the largest costs of renting a home, but it\u2019s not the only one. There are lots of little costs along the way. <\/p>\n\n\n\n
These add up into bigger ones and before you know it you\u2019re left with exactly $0.01 in your bank account at the end of the month. <\/p>\n\n\n\n
The best thing to do is to budget your money. Budgeting is a great way to stay in control of your finances. But before you do that, you need to figure out what expenses are affecting your finances. <\/p>\n\n\n\n
Here we have some of the most common extra expenses, when it comes to renting, that you should be factoring into your budget.<\/p>\n\n\n\n
This is probably one of the most annoying costs out there. When you start looking for a place to rent, you have to fill in an application. Usually, this application will come with a fee attached to it. <\/p>\n\n\n\n
The fee will cover the cost of a background check and credit score check. <\/p>\n\n\n\n
Generally, these are around $25, however, application fees vary a lot depending on how many checks need to be done, and the kind of apartment you\u2019re interested in renting. <\/p>\n\n\n\n