The amount of money you spend on food each year is about the same as the amount spent on entertainment, clothes, and other expenses. That means that if you are buying a lot of food, the same amount of money you spend on entertainment will also be spent on food, leaving less for every other category of spending and entertainment.
The other thing to keep in mind is that food is a very energy-dense category of spending. It is one of the fastest ways to use energy by using up all of our physical sources of energy. So if you are buying a lot of food, you might have to go out of your way to do something that consumes a lot of energy. If your rent is due this month, you might have to go out of your way to buy a big box of cat food.
So maybe we shouldn’t spend a lot on food, but a lot on rent-to-own clothes and shoes. There’s no such thing as “enough” in this economy.
When we say “enough in this economy,” are we talking about money? Or do you mean the stock market or even the property market? Perhaps we should talk about consumption, not investment.
One of the things about rent-to-own is that it has an element of uncertainty about what will happen. One might be able to rent a certain pair of pants for a certain price. But what will happen if the rent goes up and the landlord moves in? Also the landlord might not want to pay the rent, so the tenant might refuse to go on the property at all.
In rent-to-own deals, the owner can choose to just take the rent as it comes or wait and see if the tenant will decide to leave. If the tenant does decide to leave, then the landlord will then have to pay to remove the tenant’s possessions and move in the next tenant. If the tenant decides to leave the property at all, then the landlord will then have to pay another rent for the space to be rented.
In rent-to-own situations, the landlord may choose to pay the whole rent upfront, pay the balance on the rent at the end of the lease, or wait for the tenant to decide to leave.
If the tenant decides not to pay the rent at the end of the lease, then the landlord can choose to either take the whole rent for the space or to pay the entire rent upfront, which means the landlord will end up paying a lot more than in rent-to-own situations.
But the way in which landlord choose to pay upfront or to pay at the end of the lease is often complicated by a few factors. One is the tenant’s age. If the tenant is younger, the landlord may be a bit more lenient about the upfront payment. Another factor is the tenant’s credit score. If the tenant has a low credit score, the landlord may choose to pay at the end of the lease. Yet another factor is the length of the lease.