We are officially in a recession. Bushfires in the Summer followed by Covid-19 has created a very difficult economic environment. Many people with solid careers have found themselves in a dire situation looking for work whilst managing debt. For most of us the largest debt we have is our shelter. A home loan or paying rent is a large part of our pay packet and when the money no longer comes, you have a problem. An option that a lot of us are turning to is moving back home with mum and dad. Should we do it?
The Pros of moving back home with the parents
It might not be everyone’s first choice, but it’s definitely a decision worth considering. Here are some of the benefits of moving back home to save money.
1. Pay down debt
2. Grow some savings to get a deposit on your own home
3. Contribute to family home – help
4. Offer care for other family members
The Cons of moving back home with the parents
While there are considerable benefits to moving back in with your parents to save money, there are some drawbacks as well. Of course, every situation is unique. Before you make the decision to move home, you want to see if you think any of these issues will impact you or your family.
1. Peer pressure
2. Different lifestyles
3. Sticking points around money
4. Expectations for Later
Moving is never easy, and what do I do with all my stuff. I don’t want to get rid of all my belongings which has taken me forever to gather. I love my couch and furniture and don’t want to shop for these things again once the tide turns and I get my own place again.
The answer is move back with the family and keep your prized possessions using self storage. What is the cost of self storage? That is the question. You definitely want to obtain some self storage prices before you commit to storage rental. Controlling self storage cost is important to help you save money. You want to get on the phone or jump online to compare self storage prices. Some websites require you to fill out a form so they can contact you to “sell” you.
You also have to get your goods into storage. You will need some cardboard boxes for storage as well. So more questions, where to get moving boxes? Should I get used packing boxes? Where can you buy cheap moving boxes? The answer to all these questions are in one simple easy to use place. The Kennards Self Storage website. Here you will find an easy to navigate one stop shop where you can get Kennards Storage box prices, order and pay online, then either have them delivered or pick up in store. You can also find prices for storage spaces and rent online, quickly and easily.
Like all our Kennards Storage centres, Kennards Self Storage Homebush has pay by the month storage options with no lock in contracts. You pay for a month and when you finish up there is no fee. Better still we will refund you any unused rent. Kennards Storage Homebush has many different options and sizes. If you contact Stuart and Chloe on (02) 9763 1211 or [email protected] they would love to help determine what the best space is for you. They will ask some questions and offer you a couple of choices. Their aim is to offer you the best storage solutions that service your needs with the best possible price.
It’s also handy to know the cardboard boxes purchased from Kennards Self Storage are easily stackable, which will help you utilise your space efficiently.
Conveniently located on the corner of 2 Parramatta Road and Columbia lane Homebush, you can access your space 24 hours a day 7 days a week. Storage unit prices start from $57 for a 1 cubic metre locker.
Kennards Self Storage, creating the space for change…