Good Cents by Payactiv

Good Cents by Payactiv

The Financial Benefits of Renting: How to Make the Most of Your Lease

June 28, 2023

Renting sometimes gets a bad reputation. Buying a home is often considered a sign of financial success or milestone, but for many of us, renting can actually be a more prudent choice based on our goals and current financial situation. 

In today’s podcast episode, we dig into when and why renting is better than buying a home and how you can maximize your money as a renter.

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Here’s the recap of today’s 18-minute episode: 

  • How Payactiv can help you save money for rent 
  • Meet Matt Rogers, a homeowner and current renter, and learn about his renting journey
  • Factors that impacted increased prices for homes
  • The maintenance benefits of renting a home
  • How you save by renting and the perks of being a part of a community
  • How renting compares to home ownership financially, both in the short term and long term.