In my opinion, for items or tools that we use frequently, it would be better for us to have them so we should be able to collect money to buy them.
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Try to purchase and own things you use frequently than renting them.
- Thread starter Kross
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I have realised that paying rents on monthly basis is pretty expensive than owning something and use for the rest of your life.
Imagine that you pay $5 to rent maybe a speaker that you use every week. In one year, you would have spent the money needed to buy same speaker on renting.
In a way you are right but if you don't need the thing for a long time then its better to rent and not own like if you need to travel a lot, switch jobs or location then its better to rent.