Time. Money. Energy. Perhaps three of the most collective words heard in relation to value. But there’s a definitive reason for the commonality. People hold these three words to a higher standard and worth than most everything else in society.
Let’s take this ideology and use it when considering why renewing can be the more convenient and cost-efficient decision vs. moving outside of your current community.
Sure, when most apartment renters think the word “renewal” they think higher prices. To clear the air, that is often times a true statement. However the mistake some make when considering an extension on their lease is not logically considering what comes after.
What follows the decision to move is dollar signs, a detour on your personal time, and an abundance of voluntary energy and unintentional stress (of which I can attest to personally).
Starting to sound familiar? Or maybe you don’t believe me? Either way, take a look at the chart below. It details some of the most popular things that occur during the moving process and hopefully will resonate that moving involves more than just physically moving your items into a different living space.
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Time |
Money |
Energy |
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Sounds like a lot right? Of course. Perhaps overwhelming is the right word. Either way, if you are considering a move, I’d highly recommend bookmarking this article as a guide. Due to the varying cost on an individual basis, it’s near impossible to put an exact monetary figure on a move but on average, the total cost associated with a move exceeds $2,000. In addition to that, there’s a good possibility there are additional things to take into consideration when moving that I haven’t detailed already.
So that begs the question…Would you rather spend days, even weeks planning and completing these action items or spend a mere 10-15 minutes renewing (signing) your lease at a place where your surroundings are all familiar?
