First-time renters should budget beyond rent for setup costs, monthly bills and replacements, while prioritising essentials and avoiding debt-led overspending.
Subscribing or leasing a car works well if you aren't planning to use the vehicle for too long or don't want to borrow to buy one. But they have their limitations
Renting and sharing is getting bigger with the increasing use of online platforms. The key advantage is that you save on huge upfront payments and can use the product for as little as six months
