Let's say, god forbid, a tornado comes around and levels the place. You are left with nothing minus the prepaid rent.
It's basically loaning out money with no interest, maybe if the landlord gives you a discount for pre-paying, but otherwise - I would advise against it.
Pay off a debt you have, credit card maybe.. Or open a savings account.
All the pics of horseshoe bend never do it justice. Here it is with a boat for scale.
DoubleReputation2 t1_j6g9lms wrote
Reply to Is prepaying your rent a smart idea? by MailsDavis
Terrible idea.
Let's say, god forbid, a tornado comes around and levels the place. You are left with nothing minus the prepaid rent.
It's basically loaning out money with no interest, maybe if the landlord gives you a discount for pre-paying, but otherwise - I would advise against it.
Pay off a debt you have, credit card maybe.. Or open a savings account.