Where Buying Beats Renting in Savings Rent/Borrow Items Instead of Buying. This is smart financial advice for anyone, but is particularly relevant if you are short on space and money! Though buying some items makes sense (Don’t rent the sofa you sit on every day!), when it comes to infrequently-used items, renting or borrowing can be a big space and money-saver.

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Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend.

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Royal United Mortgage LLC, headquartered in Indianapolis, Indiana, is a privately held national mortgage lender that has been in business since 2008.

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