In some cases, it’ll be obvious why you have a problem.
Perhaps your income or expenses have suddenly changed for the worse.
For example, because you’ve lost your job, or your partner has moved out and stopped contributing to the rent.
In other cases, it might simply be you’re living beyond your means. Either way, you’ll need a plan.
Being repeatedly late with your rent might lead to eviction and a bad reference from your landlord, which will make it difficult for you to find another property to rent.
Your landlord might also withhold some of the deposit to cover underpaid rent if you still owe money when you move out.
Making a budget can help you find out where you’re spending your money and where you might be able to cut back. If it’s likely to be a long-term problem, getting help right away might be the best solution. Before matters get out of control.