Is moving out of my parents house after i graduate high school a good idea?

Question

i been wanting to move out of my parents house for a long time. i wish they just kicked me out. i work at this fast food restruant and make 6.90 and hour pretty sure ill make more later and get a better job. i turn 18 this summer and graduate in 2008 so should i wait?

Answer 1

fast food jobs never last long or even pay enough to support you. you should continue your education and get your career going first with a stable income. remember its not just rent to pay there is also
neccessaries:
rent
deposit
cable
water
electric
house phone
food
tampons/pads if female
t.p
laundry and soaps
dishes
furniture
bedding
curtains
gasoline
insurance
registration
car repairs

optionals:
internet access
cell phone
entertainment

figure out your cost for all this add some extra for unseen things take that amount every month and set aside if you can do it without it hurting you are good to go

Answer 2

Okay. This is what you need to do:
1. Do some research and see how much it is going to cost you to live somewhere else. How much will you pay in monthly rent? How much will monthly utilities be? How much will I have to pay to attend college classes? How much will all other bills be? Cell phone, cable, internet, car pmt and insurance, food, medical insurance, etc. cost?
2. Based on that research, calculate how much it is going to cost you to "survive" each month.
3. Calculate how much you make each month with your current job.
4. Calculate how much you NEED to make... find a job that will actually pay that much. $6.90 an hour isn't going to cut it.
5. If you don't graduate from H.S. until 2008, then stay with your parents! It is so much easier (unless they are abusive).
6. Try to save money over the next year to pay for all of those things, and try to get a better job. Also apply to take classes at a community college. Most likely, the only way you are actually going to be financially successful and have financial security is if you get a college degree. Unless you want to have a hard life, go to college
7. If your parents are abusive, call child protective services or a relative and get some help.

Good luck to you!

Answer 3

Ask youself this.
1. Where you gonna go when you leave your parents house?
2. Do you make enough money to take care of yourself?
3. Could you pay rent, car((including work on the car)), insurance,food, gas, utilities making 6.90 an hour?

Only reason why i ask you these is because when i was about 18 i left my mothers house and it was very hard for me..I worked 40 hours a week making 8.00 an hour and i still struggled very badly, i couldn't even pay all my bills...
Befor making any decisions sit down and think really hard about it, you have to find out if you would be able to handle everything on your own with the pay that you get..Everything is expensive these days...

Answer 4

What? Why on earth would you wish they would kick you out?

Moving out on your own is a great experience - you'll grow fast and learn things about yourself you never knew. Just make sure that when you're ready to move out, you're ready to stay out. Don't do it if it's going to break the bank and you'll have to move back home. Once you move away from home and explore your independence, it's hard to move back. For both you and your parents. So figure out your budget and see where you stand.

And moving out and going to college don't have to be mutually exclusive. In fact, living close to your campus near other students who are in the same situation as you is a lot of fun! A great experience! And often times, you can get financial help to go to school. Be very careful of student loans - those pile up and when you graduate, you have an incredible debt that you have to pay off with your shiny new income rather than do all the things you're excited to do as a college graduate. Instead, look into government grants. That's basically money that the government gives you for free to go to school and become something. Look into scholarships. Sponsorships. Look into the kinds of jobs that a campus offers - they may not pay more than your fast food job, but they often give you real-world skills and sometimes bump your tuition down.

I fully support being out on your own - exploring your independence is freeing and makes you appreciate all the things you don't even know you're taking for granted.

Just make sure you're doing it for the right reasons, and that you're not going to get in over your head, financially.

Good luck!

Answer 5

If you move out before you graduate then it will be very hard to live. Education is very important, so at least finish high school before moving out. Living on 6.90 an hour is almost impossible. Think about going to college too. It will help if you live with a friend to split the bills.

Answer 6

if you make enough money to live on, you can move out after you turn 18. make really sure you know how much everything will cost before you make any decisions. ask your parents about the electric bill and other utilities. how much does rent cost in your area? how much deposit do you need to rent a place and have utilities turned on? do you have transportation? can you afford to pay all your living expenses and the upkeep on a car? what about furniture? dishes, towels, sheets, cleaning supplies, all the things you use every day that your parents probably buy now and you'd have to buy if you moved out. people all over the world are moving back with their parents because the cost of living has gotten too high.

Answer 7

Your going to find that being on your own is very hard. You'll have to save up a couple of thousand dollars to make deposits on apartments, lights, phone service, and Internet.. Just to get out on your own..Then keeping up with all that plus buying your own food , insurances...car payments,gas,and everyday things like laundry detergents and shampoos and such will also cost. Then the other activities, like going out with friends and having fun, they cost too...If you are only making $6.90 an hour, that is going to be hard even with a roommate or two. you'd be better off sticking it out and going to school so you can get a better position in life. You need go to collage, and living in a dorm will give you a taste of what it is like to be on your own and manage your own money.. Hang in there and make it work till you graduate and get your foot on the right path for you.

Answer 8

I would dedfinatly get a better paying job. Its hard to pay the bills right out of high school. I moved out when I was 18, but I realized that its harder than it sounds. Make sure you make out a budget and plan accordingly for the rent and utilities, not to mention food, gas, and things you'll need. If you plan ahead, then you should do fine.

Answer 9

There are several factors to consider :
1. Are you ready for your financial obligations if you are to move out (ie..rent, food, clothes, utilities, cable, internet, car pymt, gas, insurance, renters insurance, phone bill, general living expenses...)
2. Are you responsible enough to get your bills paid monthly, keep your apt. picked up, work full time to make enough money to support yourself and go to school
3. Do you want to consider all the money you can save by living with your parents for one more yr so that when you do get out on your own, you'll have a head start on expenses

Weigh out the pros and cons...actually sit down and make two columns on a piece of paper and write the pros and cons of being out on your own. From there, you can make an educated decision.

Best Wishes!

Answer 10

If you are able to do it (without their financial help), then I say save your money now and then "GO FOR IT!" - AS SOON AS YOU GRADUATE!! Our oldest daughter moved out soon after graduating from high school, and it was the best thing for her - she developed a whole new appreciation for us after a few months in the REAL world where SHE had to pay the bills, buy the groceries, clean the house, do the laundry, etc!