If I was working, how much money do you think I need if I was moving in a year?

Question

Like moving in my own place.

Answer 1

i hear that your savings account should be 3 full months of bills and expenses, maybe not the answer you were looking for, but at least a start!

Answer 2

Are you getting a house or an apartment? House; you need a loan from a mortgage lender and possibly $1000-5000 for closing costs. However, you can negotiate closing costs in the price of the house. Apartment; First months rent, deposit which can be anywhere from half a months rent to two months rent depending on credit. Moving costs all depend on how far you're going. If you're just moving across town, you can hire a moving company for about $500. You'll want 3 people, not 2, so the job moves faster. They charge by the hour.

Answer 3

If you are staying in the same state? I would say, $5,000. Of course, that depends on the type of place you will be looking at.

But, one bedroom (approx $600 pm), utilities on (approx. $700), Security (2 months $1,200), Food $100, Apt accessories (curtains, sheets, towels, dishes, small appliances, etc. $1,000 if you're a thrifty shopper), Moving expenses & help $1,000,... Even if you don't "hire" movers, your friends & family would love to have things to drink & eat.

Give or take a few hundred. This may be high or low, but you could make it work.

I would add an additional months' rent in there for your own security. Also, consider if you have a car plus insurance, renters insurance, emergency fund in the bank that you don't touch....

Good Luck! Getting your own place is Awesome! So much fun!

Answer 4

Don't know if I'm reading this right. But if what your asking is how much will it cost to get your own place, than you 1st need to get a job !!! Figure out what the average rent is in the area in which you are moving to. Add monthly expense's such as elect., telephone, cable, water, sewage, yard mait. etc. Don't forget most rental places will want 1st, last and deposit on apartment. Your utilities will want deposits also. Than you need furniture, groceries, towels, sheets, bathroom necessities, pots, pans, dish's, cloths and the list is unlimited. Am I scaring you yet? Well, that's life. And to survive we need goods jobs, with good benefits. Once your on your own, you will be responsible for all your own medical bills. Oh yeah, you might want to add a washer and dryer to that list. It's cheaper than a laundry mat. And than there's the car expense and gas and maintenance.
But, to get back to your original question. You need A LOT OF MONEY when moving out on your own. Good Luck with all of that!

Answer 5

You have to estimate how much you would use for everything like: groceries, fuel, laundry mat or home electricity, water bill, gas bill if you have it, and the extra expencies of going out and enjoying yourself, but you can't forget about if something goes wrong on your car or place. It is tough at first but if you can manage your money well and you can make it through the first year or so, you should do fine. After the first year you have been through all the seasons of the year and you will have an idea of bills and how much you will spend on everything else that comes along with it. Good luck with it, it is an exciting experience for sure.

Answer 6

If you live within your income and have at least 3 months of salary in the bank, you should be ok to move.

Answer 7

Bad question. You must be young. You need to make more in a month than you pay in rent. Stay at home untill youre smart enough not to ask such a stupid question.

Answer 8

moving from and to? very bleak