Rising Rent After Lease Renewal
For many young people, the shock of rising rent after a lease renewal can throw their budget into chaos. With paychecks often staying the same while housing costs climb, it’s a struggle to make ends meet.
To manage the increase, consider negotiating with your landlord, finding a roommate, or downsizing to a smaller space. Explore local rental assistance programs, and cut non-essential expenses to free up funds.
Planning ahead for lease renewals and building a small housing emergency fund can make these jumps in rent more manageable—and keep a roof over your head without constant stress
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