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Have you heard of people leasing or rent to own their stuffs?
by Lilian ·
Many people who are in their 30s and below probably do not know how common leasing was two decades ago. During the 80s, times were bad and people have to resort to leasing to own cars, homes and even their home appliances and other expensive items.
Now, we are seeing subtle signs that we are once again in a bit of trouble. Hence, people are not going to tie themselves down by spending too much money buying things. So, they prefer to opt for those deals like the easyhome rentals. They rent the furnitures, computers and other things and use them. At the end of it, they can opt to either own them or not.
I do not know how rent-to-own differs from buying things on credit? I suppose one can easily return the item if they cannot afford to pay anymore.
So, will you try lease to own if given a choice. Let’s say you are crazy about some super duper expensive cameras for your business, for example, will you try this method of owning it?
I don’t think I will because I am awfully frugal and disciplined.
