Renting

Renting 101

100

Something you pay each month to live there.

RENT

200

The person may not own the property but collects rent.

PROPERTY MANAGER

300

Legal agreement between you and the landlord that explains the rules and price.

LEASE

Can You Afford It?

100

If you have $250 at the end of the month to spend, could you afford to buy a new phone?

LWK PROB NOT

200

You only have $1,000 and you want to buy a computer that's $1,500. Can you afford it?

NO

300

You've got $1,500 in savings, and you need 2 new tires. Can you afford it?

YES

Credit Matters

100

What will happen if you pay your rent early?

Your credit score goes up.

200

What happens if you make a payment late?

Credit score goes down.

300

Is credit score important when it comes to renting an apartment?

YES

Renter Mistakes

100

Not paying this on time will cause problems with your landlord.

RENT

200

Not reading this before signing can lead to surprises about rules, rent, and fees.

LEASE

300

Not telling your landlord about this can make small problems become big problems.

Damages

Smart or Dumb

100

You make $800 a month and you want to rent an apartment that's $600 a month

dumb

200

You get paid and save some money instead of spending it all.

smart

300

You don't have a whole lot of extra spending money and decide to go gambling.

Dumb (could be smart)