Times
are tough. This is an undeniable fact that everyone in the world knows. Unless
your family already has millions of pounds in the bank, you are affected by the
global recession. The global economy has
been bad for a long time. The standard prices of basic commodities have
drastically multiplied over the years. On the other hand, the average household
income has stayed almost at a constant throughout the years.
This
phenomenon creates a substantial financial deficit for families. Households
have to make many adjustments just for their budget to tide them over before
the next payday. There are three strategies that a family can employ when they
realize that their current budget is not enough:
- Borrow money. This is a
quick and convenient way to tide you over. However, how exactly can you
pay your debt to them afterwards? Loan interests will also drive you
further in debt unless you can pay them off in one go
- Second Job. If your salary
from your main occupation is not enough, there is the option of signing up
for a second job. Unfortunately, this would take up a lot of your time and
will be exhausting both physically and mentally
- Make some cost-cutting efforts. Push back some expenses such as limiting activities (going out to a pub, choosing to cook instead of eating at restaurants, and staying in instead of watching movies)
Cost-cutting
efforts will usually do the trick. Unfortunately, for others, some
life-changing decisions have to be made, such as moving to a different
location, somewhere with a lower cost-of-living index. Aside from moving,
downsizing is also another option.
Downsizing
takes place when a household decides to transfer to a much smaller home with
cheaper rent. Space is then a problem. By making your house more compact, there
is a high chance that space would not be enough for you and your items.
One
industry that has been making considerable strides in the UK right now is the
self-storage industry. Aside from the convenience that storage facilities bring
to its users, there is also the economic factor that has to be taken into
consideration. With the cost-of-living index in the UL continually increasing, it cannot be helped that people downsize and rely on storage units for storage solutions.
Here,
I have listed down some ways on how to get the lowest self-storage prices in Henfield Storage.
Get Only A Right-Sized Unit
One
mistake that residents make is by renting a storage unit that’s way above their
needs. Make a list of all the items that you want to store in your unit. From
there, you can estimate the actual dimensions that you need. For example, a 25
square foot storage unit will be able to accommodate 60 medium boxes or the
load of one small van.
Another
money-saving tip that you can do is to share the storage unit with a friend or
family member. One 50 square foot self-storage facility is much cheaper than
renting two 25 square foot self-storage facilities. Dividing up the costs will
lighten the burden on you.
Rent Longer
Most
storage sites are happy to provide discounts on tenants who sign a contract
longer than a month. The longer your duration of stay in a storage facility is,
the cheaper rent could become. If you think that you’ll be staying for an
extended period of time, then sign a contract for that duration instead of
repeatedly renewing your one-month contract.
Find A Storage Unit Far From The City
As
with most real estate opportunities, the closer you are to the city, the
pricier space could be. This map of London accurately
shows how expensive rent is before the closer you are to the centre. Try to
determine whether you need to keep your excess items close to you or not. If
you plan to store excess furniture, seasonal clothing, and personal
memorabilia, items that you won’t need regularly, then it might be better for
the sake of your wallet to consider renting a storage facility outside of the city.
On
the other hand, if you’re going to be storing cooking appliances and daily
supplies, it wouldn’t be worth the effort to drive out of the city every time
you need them.
Don’t Rent Storage Facilities With
Extra Amenities
Amenities
such as climate control, 24/7 CCTV surveillance system, and Internet access can
drive up the cost of your self-storage facilities. You don’t have to get these
amenities if you do not need them for your items. Signing up for additional
amenities could double your bill.
One
other thing. If you’re going to rent a unit with a CCTV surveillance system,
make sure that it’s fully functional. The cost of CCTV repairs should
be handled by the storage site if it was damaged before you moved in.
Ask
You
would be surprised at just how much you can save from just asking. If times are
tough, don’t be afraid to ask the on-site manager for any promos or price
reductions that they have. Usually, storage sites have ongoing promotions to
encourage people to rent more. Ask for details of their current one. Who knows?
You might get a free month or a free pickup service.
Great tips especially for families who are transfering to a smaller space.
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