Wonder if your parents gave you any advice. A lot of good advice in this thread whether it's stay at home and work hard to save enough to move out comfortably or move out AFTER you have a job and get roommates. If you have any friends who live on their own or relatives, perhaps where you are now, ask if you can do a trial. By trial I mean create an identical practice situation where you are living on your own and supporting yourself but with the subconscious knowledge it is for practice . My parents did this, treating me exactly like a tenant so I could learn how. I learned really quick what I needed to do when living on my own. LOL I think I remember the Cosby's doing this to Theo and it was funny as hell. Good luck to you![]()
Moved out on my own as fast as I could. Stay with your parents and finish school.
If your parents aren't bootin' you out and/or the school you're attending isn't prohibitively far away to commute to from their place...stay at home.
I mean, you do want to be able to get out on your own at some point, but there's no sense rushing if you don't have to. When you do, though they can be annoying, get roommates.
Seriously, stay at home if you have any kind of decent relationship with your folks. I know some people don't and so want to get out as fast as they possibly can, but if you get along with them, stay home. It makes such a huge difference on your income.
Is it a community college? University with dorms? Which city are you in?
As for.. staying with parents vs. apartment. I'd stick with parents. Assuming they aren't a huge nuisance, you get free room and food at the least.
You can still work as planned but that way you get to save money otherwise renting an apartment is a huge money waster.
I say screw staying at home. Sure you can make more money if you actually feel motivated to work when everything's free, but your overall freedoms are incredibly limited unless you have some crazy lenient or barely around parents or you're never home yourself. Find some roommates, work with your college to get an on campus job (even small community colleges offer work for students if you can land a job) and life can be pretty good. I'm with other people insomuch that living alone isn't a great idea when first moving out. First of all, it can be incredibly lonely and that's too much for some people at first. Second, with two or three roommates you can sometimes get by on only $500 a month depending on how smart you are beforehand. Good rule of thumb is to have at least 3-6 months rent in the bank before you move out though in case of emergencies or lost jobs.
I think the social experiences you can get away from home mixed with learning the ropes before exiting college is a good thing if you're responsible enough to handle it. So many people get out of college and then get stuck with no clue what to do. I moved out at 18 while going to college and working 20-30 hours a week in a computer lab and now I'm 26 and married and have never regretted even a second of moving out when I did. In fact, I probably would have hung myself if I'd stayed at home and I LIKE my parents.
shit is situational
Don't do it alone.
Finally someone said this after reading numerous "stay at home" responses.
Unless you are flat broke (less than 1-2K in the bank) and/or you're a person who sits around and plays MMOs all day every day, move out asap. College is a blast and it's great to be in the environment. You're only young once and you're pretty limited on what you can do living at home (no girls/drugs/loud music etc). Get some roommates who don't totally suck and a part-time job, learn to manage your expenses, such as drinking at home / house parties and not the bar, and you'll have a good time and make great friendships which last a long time.
Here is what I currently pay (I have a great job though and this is nothing to me but just wanted to give you a real heads up)
Rent: 600
Water: 45
Electricity 180-200 (its summer I live in texas)
Student Loan: 60
Internet/Cable: 110
Renters Insurance: 25 (don't be a fool and not get it; if your shit burns down you want it to get replaced)
Groceries: For 2 people we spend 300-400 a month on groceries (we eat healthy, and healthy stuff costs more)
FFXI: 15
Gas: 100 (i spend roughly 100 bucks going to work and driving around and out and about)
Car: 375 a month
Sometimes I do miss being at home but my parent's were not terrible either. Miss simple things like washing my clothes, cooking dinner, taking us out to eat, and stuff of that nature.
This does not also cover the cost of doing things I enjoy, going out to a bar with friends, going out to a movie with my fiancee, car wash, eating out (if we do)....
It depends on where you are. Prices for rent flux all around the country. My 2 cents are get a "sane" roommate. You can also deal with your parents as long as you can while you find a job and build up a nest egg so you can actually have a decent place to live. I'm 22 and I lived with a roommate for awhile and couldn't deal with it & moved back home.
I think OP might need to consider that why he want to move out. If it is because that the annoying house work required by parents, I would say stay with parents.
The housework with living alone always more annoying than living with others anyways... Basically I spent about average 1-1.5hrs just for cooking dinner and washing those dishes everydays.
This is probably a decent set of numbers to go by. My situation is pretty cheap and it would still be hard to do part time if I wasn't engaged. For me I have all my debts paid off except student loans, and I haven't graduated yet so those aren't coming in yet. To boot, my mother also still covers my car insurance so that would add to what I have. Here's about as cheap as you could probably get for my region (Southern Indiana).
Rent:430 (2 cats so that's 10 each); water, basic cable and wireless internet included
Electricity: 100-130
Renter's Insurance: 125 per year
Groceries: 120-150, not including eating out
FFXI: 28 for me, 15 for my fiancee
Gas: ~24-28 for me, ~100 for her
Car: 150 for her loan
Etc: 40 on medicine she takes
Really I think it would be hard getting by too much cheaper than that as we pretty much do the bare basics when it comes to things like groceries. We get pretty much only what we know will be eaten and nothing thrown out, plus buy generics. Could throw out FFXI obv, and there are ways to cut costs in electricity, but to mimic everyone else: stay with your parents if you can.
Yeah, that's probably the best thing. Work out all your potential bills and then mabye add in 150$ more just for OHSHIT moments.
I would try to get a roommate just cause you'll find 2bedroom apartments or whatever are a tiny bit more then 1bedroom. I know the ones at my last place were like... 700 for 1bedroom and for 2bedroom 2 bath it was about 850 or something.
if you do go the roommate route, make sure it's someone who you know will never piss your off or really irritate you. someone who is kind of a clean-freak helps too.
but like others have said, if you can tolerate living with your parents and everything is cool with you/them. I would just stay there until you get more grounded. or at least save up some money from your junky joarb.
This also depends where you live.
I was going for an Engineering Degree but living in Michigan in the last few years which has the worst Economy in the US on top of 30% of the jobs in the field are now gone made it a bad choice for me to continue, so now I am starting a computer science degree while staying home with my folks.
I work 32-40 hours a week at $11/hour and I could not make it on my own with rent being 600 a month around here with 200 for utilities I would have to work with 300 a month and thats credit card, car payment, phone, food, any other fun things like internet, mmo subscription, doing things ect.
IMO the people who say living at home in your 20's is bad is either an idiot or rich in some way as with todays economy depending where you live its just not worth it, sure I want to live on my own and not have to deal with my sister but my family isn't uptight like some and I get along with them, that and I can actually pay for school without getting student loans and work on school and not fuss with the details of trying to sustain myself on my own.
Could I do it? Yes. Is it the best choice? No.
It's more about what sacrifices you intend to make for your independence. Do you need a car? Depends on where you live, but in most college towns, no. Do you need to live all by yourself and pay for a $600 apartment when you could split with someone in a two room for $400 each or less? Can you live without cable? Yes. Can you live without a cell phone? Yes. Can you live without having to eat out every single day? Sure. If you get right down to it, you can cut a ton of expenses just by cutting some of the things you don't need. If you want to live more pampered, then that's one thing, but you don't NEED all those things.
When I moved 8 years ago out I worked for $8 an hour, my parents didn't give me shit other than taking me out to eat now and then and things have worked out pretty well for me. I did share expenses with another person though. It would have been incredibly hard to do it alone. I do believe that after 20-21 you're basically mooching off your parents as most people have the ability to get out of the house by then, but some parents like having their baby close.
I live in Texas, about 30 minutes outside of Austin. I'm not living in the most expensive apartments, but I am living in the 2nd best out of about 20 complexes. I pay 600 for a 821 sq. ft 1 bedroom apartment. Things are honestly cheaper in Texas I have noticed. When I used to live in Austin, I was paying around 950 for a very nice 1 bedroom apartment but that was also in a bigger city. Granted our cost of living isn't as high as most people either. Oh yeah so that Loan I took out to pay for my car, will be payed off in two months. Then I can truly say, yes I do own that black 1967 Dodge Charger! :D
So after readin over this thread and seein all the advice for moving out when you're younger and goin to school and stuff, I gotta ask if anyone has any advice for someone in their mid 20s who's movin out? Not to derail the thread, it's a similar question just different circumstances, just not enough for a new thread imo. For someone who already has a steady job, no major bills, and a fairly decent place lined up already, is there anything important they should know before stepping out on their own?