Do you renew your domain and hosting for one year or multiple years (2 years, 3 years, or 5 years)? When you renew for multiple years, you can save money, however, you also have to spend a lot of money at once. I renew for one year, I don't have a budget to renew for multiple years. Even if I had I do not want to freeze my funds for a long time when I have an option to use them for a better purpose.
