Economically, times are tough for most people. Wages aren’t rising in line with inflation, so we need to make savings where we can. Did you know there are many things you can rent instead of buying? Sometimes, we may only need an item for a short amount of time so surely borrowing is better than buying.

1. Tools

Many people have expensive tool sets that simply sit in the garage and rot after being used for one project. Renting a specialized tool is a great idea for when you have a one-off or rare job to handle around the house or with the car. It saves money and gives you more space as you won’t need to store the item. There are many places to go for tool hire, which makes great economic and environmental sense for jobs you don’t do often.

2. Gadgets

There always seems to be a new gadget or mobile phone being launched. If you’re tired of signing away your life on a two-year contract, have you considered renting the latest gadgets? The thrill of new technology soon wears off, and a newer model normally gets released in less than two years so renting provides a means to test a device first. The scheme is a great way to try before you buy, and if you love a gadget, then you can decide to fully invest in one.

3. Camping Gear

A full set up of camping equipment can run into hundreds of pounds. Unless you you’re a committed camper, you won’t want to spend that much on an activity if you’re never likely to repeat it. Using a tent once a year, and have it getting damp in a shed for the rest of time doesn’t make much sense economically. Look online for companies that hire out camping gear, especially if you’re new to the activity.

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4. Vehicles

Want to drive the latest models but can’t afford to buy outright? Car leasing is becoming increasingly popular as an option for accessing top end vehicles in a cost-effective manner. It is often cheaper than taking out a loan, has many benefits included in the package and you can change your vehicle every two years. For Vehicle Leasing Leicester, visit http://leasing.totalmotion.co.uk/

5. Pets

This sounds odd but when you look into it, it can make perfect sense in some circumstances. Maybe you want a pet but need to know if you’re allergic to the fur? Some people might want to comfort an elderly relative but can’t keep a pet at their home. There are specially trained ‘therapeutic’ dogs for example who live with pet carers and are available for short periods of time to act as companions. It’s a great idea for someone who would benefit from pet companion but cannot look after an animal permanently.

6. Designer Handbags

Want to look chic and sophisticated but without the price tag? Whether you’ve got a big night out or wanting to dress to impress for a job interview, there are websites that offer hire of designer handbags and other accessories including jewellery, watches, sunglasses and luggage.