On the Move: Renting Basics

Abstract: Getting your own place is a major step toward independence and adulthood. It is often considered a rite of passage, and living successfully on your own helps build confidence. You can get started on a successful path through careful preparation and effective planning. Creating a realistic budget is important. Once you've started your search for a new place to live, weighing your options with important criteria will help you find the best choice. And when you sign a lease, make sure you clearly understand the terms so there aren't any financial surprises. Finally, if you maintain a good credit record and make good personal choices, the transition into adulthood will go far more smoothly.

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Page One Economics Newsletter

Publication Date: 2018-02

Pages: 1-6