i'm moving out from parent's house HEEEEELP?

Question

i need advice, i don't know how much money i need to live on for a month! food, utilites, enternet, ..... i'm gonna get a job but its nothing special. Basicaly i need to get a feel for a monthly budget. if you remember your first move pls post some advice.

Thanx for all the great info, here's some moe info that might make it easier exactly what i need:

i live in the San Francisco bay area thats US, california. i have a car. and i think my parents will give me enough money to stay alive for the first month. i've got alot of great information here so i think this question has been answer, several times.

thankyou everyone

Answer 1

Ok here goes. Get a paper and pencil and make a list:
Rent
Utilities (Elec &/or gas)
Food (a biggie, don't short yourself!)
Phone (optional)
TV/Cable (optional)
Parking (if applicable)
Insurance (for your car, if applicable)
Any Payments (car, etc. that may be applicable)
Now, fill in the projected amounts, based on apartments you have looked at, questions about average utility payments, etc. Now, talley it up and compare it against your (projected) income. This will tell you A0. if you can make it, B. what your limitations are, and C. what you can afford as far as housing goes.

Answer 2

I can tell you roughly what my bills and monthly expenses are. I've had my own apartment for almost five years now. I have a small studio apartment.

electricity $30-$80 depending on the season and how much I use my heat/ac

cable $50

home phone $50

Internet $13 for dial up

groceries/household/personal necessities $100, but I'm a girl so I have more necessitates than a guy would. Plus I'm a light eater so I don't buy a cartload of groceries. I use a carry basket.

It may seem overwhelming when you're thinking about it but it's very possible to live on your own. A system I've used is with each paycheck I first pay my bills. Then I get my necessity stuff and groceries. IF I have any money left over after all that I have fun (hit the mall, go out to eat with friends, etc.). It may be trial and error in the beginning but you'll make it. Oh btw, I don't have a fancy job either. I work in retail.

Answer 3

2

Answer 4

You are most definitely NOT READY to be on your own, especially if you are not working. You need to stay put, get a job (or two) and save a few thousand dollars to start out on...in the meantime, you need to be looking around at apartments, duplexes, etc and see what is available and how much your rent would be; you need to call your local utilities (the electric company, gas company, water, etc) and find out how much their deposits are and ask for their best estimate of what an average monthly bill would be in the area of town you are thinking about moving to; you need to start comparing phone company charges, they all charge a deposit and then there are the service fees each month which will differ from company to company and plan to plan; you need to compare isp's as well. Go to the grocery store with a grocery list and write down how much everything costs, go to several grocery stores and compare prices - remember, you will be starting from scratch, so on your first grocery shopping trip you will be buying stuff you don't have to buy all the time but you need to know what to expect. You will also need to be shopping for towels, sheets, dishes, pots & pans, a broom, vacuum, trash can, etc...all the stuff you need to set up housekeeping - not to mention furniture! Plus, you will also need to be paying for your own gas and car ins if you are not already doing that ( I would assume not, if you are not working) so you need to be comparing insurance rates and pay attention to how much it costs to fill up your car with gas and how often you have to do so. Isn't being an adult fun???

Answer 5

as we do not know were you are from it is not posible to give you yo the penny numbers.You say you are getting a job you need money to move out on most Places you rent want a deposit and first and last month rent. If you can find some one wth the same power company they can co sign for you.Do not forget the water bill and as for food as i was told do n ot have a french wine taste on a beer budget. the best thing you can do kif you do not have a job yet get one of them first pay you mom and dad rent and lights get them to help plan your budget and how to live on It save money. You did not say if you have a way to get from point a to point b car good car we allneed to be able to go med best thin g to tell you is ask places were you want to live what the bills are they can tell you what they run most ofd the time

Answer 6

I'm not sure which country you are from, or what area you are living in, so I'm not sure exactly how much you will need. I know that when I moved out of home I was 17 and had nothing really to my name, except the money I had raised from selling my first car. I got a study allowance from the government bc I was going to uni, but it wasn't much! You would be amazed at how far you can stretch things if you really have to!
Anyway, I digress, one thing that really helped me was the student services centre at uni, which had 'cost of living' booklets etc. From which I could begin to put together a budget. You can also try getting a feel for rental property prices and utility prices (try and get a capped plan, they are the most economical!) online. Check out a few different ones and factor in the cheapest ones. As far as food goes, anything goes depending on what you buy and how much you eat! You can save money by going to places like "Not Quite Right" in Australia which have products that are either overstocked in shops or have the label on the wrong way for about a quarter of the price you get it in the supermarket! Eating lots of pasta and rice also helps as you can buy it in bulk and it doesn't go off!
Also, ask people who are living out of home what they pay for things.
And most of all, GOOD LUCK! Its pretty hard moving out for the first time, no matter how old you are! You will miss your parents support network for a while (hopefully they will still be there if you REALLY bugger things up!) and the security of not having to worry about these things, but believe me, once you are used to it, its pretty good! (Expensive compared to living at your parents house, but good!)
Let us know how you go!

Answer 7

Well, you have to live without a budget for one month & the end of this one month, you will know what regular expenses will be incurred & you can make a budget based on this & decide what to spend on & what not. Don't bother in the 1st month becos the first months always have misc expenses like repair jobs, installations, new furniture, etc. These can't b part of the budget. All the Best!

Answer 8

Food=$500
Utilities=$150
Internet=$55
Rent=$400
Transportation=$150

Total $1255

Answer 9

If you don't all ready have a job and money saved don't bother packing. To start off you will need a minimum of $1200.00 for 1st& last month's rent let alone if they want a security deposit plus utilities $300.00 plus monthly then food $150.00 minimum if you eat normal and don't pig out, then don't forget those friends who will drop by especially at dinner time, if you don't have friends wait you will once the word get's out you have your own place. Trust me stay with your parents their rules aren't that bad !!

Answer 10

You might wanna start planning, saving, and finding the cost of an apartment, before you actually make the move!