The Pros & Cons of Renting Alone vs. Renting with Roommates


The great thing about being a renter is the flexibility of your living arrangements. From space to budget and amenities, renting an apartment is a good fit for different people at different times. Depending on your situation—as well as your personality—another very important question to ask yourself is “Should I rent alone or find a roommate?” 

As with most things, there are pros and cons to either option, so there is not one correct answer. Evaluate your situation, think about what type of person you are, and then decide if roommates or solitude are your best fit. 

Renting Alone

If you decide to rent your own place, you’ll have a lot of freedom. You can personalize every room the way you want to, without having to worry about the preferences of anyone else, other than the landlord. You also don’t have to think about abiding to someone else’s schedule; so, any time you feel like singing or watching TV or blending some fruits, you can make all the noise you want.

Privacy is guaranteed, and it weighs a great deal if you’re someone who needs their space. However, if you like having people around and you’re not used to being on your own, it might be difficult to deal with all the alone time.

Renting alone also comes with a lot of responsibility, meaning you’ll have to clean and maintain the apartment yourself, pay the bills on time, and manage the costs of groceries and other expenses on your own. It also might be more expensive to rent alone, even if you’re renting a smaller apartment. But, if you take control of your finances, you can end up saving money. 

Renting with Roommates 

Co-living is trending right now, and for a good reason. More people means more money to spend, which automatically means more space, even if it is shared. Privacy will be sparse, so if you value your alone time, think about the implications of almost always having people in your home. Depending on how much you’re all willing to compromise, you can get an apartment that is much larger than the one you could get on your own. 

Sharing a place means you will also share the cost of utilities—and maybe even groceries—with your roommates, cutting down on expenses. This is especially helpful with subscription-based services such as internet, cable, or Netflix, where you’d have to pay the same amount even when living alone. Cooking together and splitting the cost of food will also lead to some serious savings if you manage your finances properly

Besides splitting bills, you’ll also be splitting chores. This can be a friction point, so it’s best to set some ground rules and create a schedule to which you all agree. If you do so, some of the painful cleaning and decluttering can actually become fun. 

But remember that roommates can be wildcards – you never know what you’re going to get. If you don’t have any friends or acquaintances who want to join you in sharing a rental, be sure to turn to a trustworthy source to avoid scams. Do your research, ask a lot of questions, and make sure you find a roommate you’re compatible with

Whether you choose to rent alone or with someone else, there are many ways you can save money as a renter. Adopt a frugal lifestyle focused on minimal expenses and follow the golden rule of 50-30-20: 50% of income goes to needs, 30% to wants, and 20% to savings. It may seem complicated at first, but with dedication and experience, you’ll be saving money in no time. 
About the author: Mihaela is a passionate reader and writer, with an affinity for language and linguistics, as well as the latest technological developments. She discovered her passion for real estate at RENTCafé, and you can read more of her articles on their blog.

5 Ways to Supplement Your Income from Home in 2019

Save money

If you’re looking to supplement your income by working from home, now is a better time than ever to get started. A recent survey conducted by FlexJobs found that 22% more freelancers found work online between 2014 and 2018. The number of freelancers who earned more than $75,000 per year increased 15% in the same period.

Making money online doesn’t require a significant investment of time, an esteemed education or a specific skill set – especially considering the wide range of opportunities that are only growing by the day. Think about what a few extra dollars could do for you, or what a few hundred or few thousand dollars could do?

You’ll have more money to pay off debts, to put towards luxuries such as your hobbies or a vacation, retire earlier, invest in bigger plans… the list goes on. The potential here is truly limitless. To help you get started on the right foot, here are five ways to supplement your income from home in 2019. 


Filling out surveys is perhaps the most simple and easiest way that anyone can earn money online. Sure, it won’t make you rich, but an extra $20 here and there isn’t bad in exchange for a few minutes of your time. There are countless survey websites to choose from, and signing up is completely free. 

Some popular choices include Swagbucks, Pinecone Research, American Consumer Opinion and Harris Poll Online, but there are many more. A good approach here would be to create another email address and use it to sign up on as many websites as possible. This way, you’ll have a steady stream of incoming surveys – without spamming your personal inbox.


If you have an interest in business and the economy, trading may be a considerable side-income that could turn into something much bigger as you gain experience. Of course, whether it’s stocks, forex or crypto, there’s a lot to learn here, and you’ll inevitably have to spend some time with your head in the books before you make any real money. 

Starting with a well-documented, beginner-friendly method such as copy trading would be your best bet. This method is perfect for beginners, as it involves automatically copying trades performed by more experienced traders. You can head over to InvestinGoal for a comprehensive overview of trading strategies, including how to use ZuluTrade as a cross-broker platform, and they also provide advice for beginners. 


There are a variety of paths you can take as a writer online. You could start a blog and write your own content, profiting from affiliate commissions and ad placements. Alternatively, you could set up a profile on freelancer websites such as Upwork and become a content writer, putting together web content for other blogs.

If that’s not your cup of tea, you could start writing eBooks and sell them on your own website or marketplaces such as Amazon. Perhaps writing fan fiction or short stories for users on forums such as Reddit in exchange for some cash is more your type of thing. The sky’s the limit here, so don’t hesitate to get creative!


If you have a good grasp of English and a passion for passing on knowledge, online tutoring is well worth considering. More often than not, you don’t need a certificate or teaching degree to get started. Most websites ask for an English as a Second Language certification at most, which can easily be obtained online. 

Schedules are flexible, which means you can do it after work or on weekends. As for earnings, you can expect an average of between $20 and $30 per hour, but this can increase as you build a portfolio and find better websites. Education First and VIPKID are popular companies in the English tutoring space, but there are many more. 


As the emphasis on developing more mediums to share content with audiences on the internet grows, the demand for transcriptionists has steadily increased. The premise is simple: you’re given an audio or video file to listen to, and your job is to type out what is spoken into a certain format. 

It’s worth noting that due to the strict formatting requirements that most transcription websites have, there’s a bit of a learning curve and your hourly earnings won’t be spectacular from the get-go. But if you manage to get the hang of it quickly enough, transcription could make for a decent and fun side-income.


These are just some of the countless ways that you can earn money online in 2019. Alternatives include starting your own website, becoming a digital marketer, being a virtual assistant, a bookkeeper, website tester or even a combination of one or more of those jobs. In fact, this list can, quite frankly, go on forever.

Just about every opportunity is flexible enough that you can try more than one thing at the same time. And if you don’t like it, there are plenty more around the corner.