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Moneysaving With A Flatmate In Your Rented Flat

By Louise Servage

It is right to say that living costs are among the highest costs we have today. If you have to change your abode to another for your work or your study, it could be a very expensive affair. You might buy a home directly, or maybe you get it on a lease, but one thing is common-your budget will take a hit. That’s the reason a lot of people out there think of saving money by acquiring their accommodation on a lease and then sharing it with other people who are also looking for accommodation.

Flatmates are people who live with you and share in the expenses. Ads in the papers or in the online classifieds can help you find them. You could ask around for contacts as well. Even ask your friends; it could be great if they turn out to be your flatmates. The way this becomes economical is that all expenses get shared.

That is where the great benefit of having a flatmate sets in-you can split costs of living with them.

So, what are the kinds of expenses that you can share with your flatmates? Here we shall try to understand what these are.

1. You can split the rent of the accommodation. This is done according to the number of flatmates. As an example, if you are sharing your house with just another person, then both of you pay half of the rent. If there are 3 more with you, each will pay one-fourth of the rent.

2. Most utility bills can be split. This includes the electricity bill, the telephone bill, the Internet bill and so on. Here, some prior decisions might need to be taken. Now, electricity is something everyone uses and so those bills will be split in the right proportion. But, the Internet bills may be different. Suppose it is just you who uses the Internet and your flatmate doesn’t at all, then it is only fair that you pay the entire Internet bill.

3. It is also all right if you split the routine living expenses. Repairing expenses might also be split. Most repairs should be carried out by the landlord anyway but there are some small ones that you might have to bear, which you could split. Festival expenses are another thing that all flatmates usually share.

4. One more thing you have to think about is sharing the expenses of food. Since everyone will be eating, everyone living in the same flat must pay for this expense. This expense also applies to things that are connected with food, such as the refrigerator for example.

So, getting a flatmate could be very economical. Then there are also additional benefits like having more security around the house, having some company if you are the friendly sort and so on.

Author Louise Servage is knowledgeable about everything to do with flatmates in Australia and her one goal is to help people find share accommodations that is cost effective and suitable and helps save them money stop by today.

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Article Citation
MLA Style Citation:
Servage, Louise "Moneysaving With A Flatmate In Your Rented Flat." Moneysaving With A Flatmate In Your Rented Flat. 6 Jul. 2010. uberarticles.com. 23 Sep 2014 <http://uberarticles.com/home-and-family/moneysaving-with-a-flatmate-in-your-rented-flat/>.

APA Style Citation:
Servage, L (2010, July 6). Moneysaving With A Flatmate In Your Rented Flat. Retrieved September 23, 2014, from http://uberarticles.com/home-and-family/moneysaving-with-a-flatmate-in-your-rented-flat/

Chicago Style Citation:
Servage, Louise "Moneysaving With A Flatmate In Your Rented Flat" uberarticles.com. http://uberarticles.com/home-and-family/moneysaving-with-a-flatmate-in-your-rented-flat/


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