On the Wall Street Journal today I found a great tip for saving money. With property values down and the current economic situation affecting almost everyone, we’re all trying to cut costs and manage our debt. For a lot of us, our biggest expense every month is rent. In order to significantly reduce your rent, follow WSJ’s Mary Pilon’s simple advice to lower your current rent. Use her plug and chug letter, send it to your landlord, and (hopefully) reap the benefits.
When Pilon and her roommates discovered that their new neighbors had secured a lease for $300 less than their lease while they received a $100/month hike in their rent, they were understandably perturbed. After sending said letter to her landlord, Pilon shaved $300 off her rent.