Planning to move Out of parents house but have some problems please help?

Question

I have been saving on and off to move out of my parents house since I was 16, I have some money saved up, but there are times when I am ready and then I get cold feet. A friend of mine is also wanting to move out and she asked me to be her roommate. I would love the idea but she wants to move into an apartment like fast, giving me no time to really plan. I dont have good credit at all, so I think it'll be hard for me to be on the lease or get my own apartment by myself. If anyone could help me with what to do as far as how to save alittle more money, finding a way to either convince my future roommate to slow down, or a way for me to get my own place when I am fully ready, that'd be really helpful. Thanks, oh also I dont have car yet but will be getting one in January (already saved for that), and also I am not very good at managing money so I know that's a downfall too. Any sane, and logical suggestions will be helpful.

Answer 1

I went threw this before.I was scared to tell my parents because I thought that they would probably think that I was trying to grow up too fast. Anyway I got the nerve to tell my father and he wasn't mad at all he gave me some good advice he even helped me by some things for my first apartment and gave me money. We figured out how much money I brought home after taxes. Added up about how much monthly expenses I would have for rent,light bill,gas,food,insurance,other(household items)and $30.00 a week for savings, we over estimated everything in case of emergencies and we subtracted that by my monthly income. Which left me in the negative.This gave me 3 options which was stay at home till i got more financially stable, lower my standards and live in the hood, or get a second job so I could live more comfortably. I chose to get a second job. It depends on how mature you are and how bad you want it. But if I could do it all over again I would have stayed at home for as long as I could at least until I finished college because bills are no joke and jobs don't pay much. But a car is a necessity not saying you can't make it without one but it is hard honey If you ain't use to catching the bus (I am not). If I were you I would probably rethink the roommate thing try to get your own because I have seen a lot of friendships breakup because they are living with someone that is so much different then themselves. But I wish you luck in the future and I hope what I've said helps you.

Answer 2

First of all, how old are you? It sounds to me like you are making excuses not to move out. It sounds to me like you are not mentally ready to move out just yet. It is great living at home. No bills really, and you have a meal, and laundry done for you. (just assuming here). I think you should hold off, and wait until you get your credit a little more straightened out, and tell your friend you just can't do it financially yet. Don't move out because she is ready and you are not because that could ultimately ruin a friendship too, because you could start to resent her if things start to go badly. Good luck to you, but I would definitely wait a little longer.

Answer 3

Having a roommate potential you desire to place self belief in somebody else for his or her 0.5 of the lease. undesirable concept. I easily have had many buddies that have stumbled on themselves caught (using fact the roommate moved on) and had to enable every person flow in only to conceal the lease. Get your self a automobile. positioned your self on a funds. Make have self belief which you have your very own residence and construct a funds around that. Say $800 a month lease. meaning that each and each week you place away $2 hundred in the direction of lease. $20 in the direction of electric powered, $60 for groceries, $50 for food, $20 for telephone/cellular, automobile insurance, laundry, automobile maintenance/maintenance. stay to tell the story this funds for 3 months after which you would be waiting to strike out on your very own.

Answer 4

Talk about it with your potential roommate and your parents.