Moving out for the first time.

  • Posted by a hidden member.
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    Mar 16, 2010 4:21 PM GMT
    I could probably find a more appropriate site for this topic but I am curious how other people have dealt with this situation.

    So anyways I was going to back out of signing the lease until my mom called me worthless and told me I am a failure at life because I was moving out. I don't need to be around that.

    Anyways in Minnesota apartment rent is pretty expensive. My 1 bedroom apartment is 700 dollars. That is half of my monthly income. I have to work full time and I want to go to school full time again. How have other people dealt with this? I think i am good with a tight budget but I want a reply from people with first hand experience.
  • rj303

    Posts: 42

    Mar 16, 2010 4:43 PM GMT
    Well, my moving out story is that I left for bootcamp. Since then I've either been given a room or roommed with friends. Right now, I'm living with 4 other people and we're renting a house. That's one good option. Splitting up a place can usually bring the cost down.

    Another thing you might look into is that if you're going to go to school fulltime, dorm rooms are generally a lot cheaper than an apartment. I don't know much about Minnesota, but those are my two suggestions.

    Living away from home is fun though. It's a whole new type of stress while you get to leave a lot of the old stress behind. (Some lingers). I hope you find a solution that works for you. Good Luck.
  • masculumpedes

    Posts: 5549

    Mar 16, 2010 4:55 PM GMT
    Living away from home is fun and independence is wonderful. My moving out story is that I moved in with my very first boyfriend. We both moved away from our homes and into our new apartment together. I was 23 at the time.....(yeah, I was a late starter....lol). I hope you find your answers or at least a roommate to help share expenses.icon_wink.gif
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    Mar 16, 2010 6:24 PM GMT
    I moved out of my parent's when I was 17; I had difficult parentals. The transition was a bit hard, I had to work full time and go to school full time, but I managed and I'm sure you will too, you'd be surprised at how quickly you can adapt to a new lifestyle. But aside from the stress accompanies, there is nothing like having your own place. Its exciting and you have complete independence.

    It'll be fun. Good luck man.icon_biggrin.gif
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    Mar 16, 2010 6:43 PM GMT
    being on your own is quite exhilarating yet scary; If I can do it at 20 with no money, I'm sure you can. Good luck to you.
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    Mar 16, 2010 6:46 PM GMT
    Compared to LA, $700 is an amazing price. But 50% of your monthly incomes is about average.

    Enjoy your newfound independence! It's going to be awesome for you!

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    Mar 17, 2010 3:20 AM GMT
    Thanks all for the replies. I am not sure what college I want to go to. I think i might do 2 years at a community college and than go to a university for the remaining 2 years.
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    Mar 17, 2010 3:21 AM GMT
    I agree with the other guys on here. Try seeing if a friend might rent with you to save costs. Half of your income for rent is too much.
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    Mar 17, 2010 4:02 AM GMT
    I'd advise NOT having roommates. Yes, things are cheaper, but it can be pretty stressful if you get stuck in a lease with a bad one.
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    Mar 17, 2010 4:05 AM GMT
    Roomies! They cut the costs significantly. I have lived with complete strangers, that became great friends, found the place in the Want Ads section of the newspaper... yeah Im that old. Was a great way to find a great place to live.

    Of course, not having roomies is great too, but when money is tight, they are a necessity, half your wage on rent is too much.
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    Mar 17, 2010 4:26 AM GMT
    Riptide42 saidBut 50% of your monthly incomes is about average.



    Really? I have never heard that one. I thought it was closer to 33%-40%. When I recently moved, I noticed most apts will not rent to someone when rent is more than 40% of their salary. $700 is as cheap as it gets? That would be where I would look for savings. Sure, cheaper alternatives may leave much to be desired, but as long as the doors lock and the neighborhood is relatively safe, it's all good. Not like you have to live there forever. But, different people have different priorities. Personally, I'd rather live in a dump and have some money in the bank. I have friends who will sacrifice everything to live in a nice place who scrape by paycheck to paycheck and are living beyond their means. For me, as long as I'm a student, I'll bide my time in suburban hell and still be able to go out (within reason) whenever I want.
  • Cannon

    Posts: 100

    Mar 17, 2010 4:47 AM GMT
    Just to continue the roommate discussion, they are definitely a good idea. I live in a three bedroom apartment with three other people and it's made our rent beyond cheap. I didn't know two of my roommates before moving in, but they've become like family to me. Moving in with strangers has pros and cons just like living alone, but I find it more rewarding. It's nice to have someone right there when you're bored, hungry, if you want someone to play video games with, if you're sick or need help. It's true you may end up with crazies, but it's better to give people the benefit of the doubt. Cheap rent has allowed me, along with two part-time jobs, to afford school up until this point. Don't get behind in school because of work! My grades were slipping a bit last semester, so I decided to get rid of one of the jobs. I got some OSAP (Ontario Student Assistance Plan) instead. It's a provincial student loan that has no interest until ten months after graduation. It's amazing! Do they have anything of this sort in Minnesota?
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    Mar 17, 2010 5:34 AM GMT
    I dont know. That really scares me though. The 50 percent of income goes to rent. I don't know how hard it will be. I am afraid I will resort to credit cards for everything else. I already have a huge balance on them.
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    Mar 17, 2010 5:51 AM GMT
    chris8787 saidI dont know. That really scares me though. The 50 percent of income goes to rent. I don't know how hard it will be. I am afraid I will resort to credit cards for everything else. I already have a huge balance on them.


    It's a bit dated but here's one point of view:
    http://money.cnn.com/2005/08/26/pf/expert/ask_expert/index.htm

    "If you take a look at the most recent survey results broken down by homeowners vs. renters, you'll see that, on average, renters tend to devote about 33 percent of their income to housing ... On average, though, I'd say that most people's rents fall in a range of 25 to 40 percent or so of their gross income.."

    His caveat is that you shouldn't use this as your guideline/budget though.

    He goes on to talk about how he'd calculate what your "max" rent should be. In my first job, I think I spent about half of my after tax income before bonuses on rent but that was NYC and it was ridiculously expensive to live somewhere reasonably close to work (and work paid for a lot of meals as well - so that probably helped a lot). I'd also totally agree with some of the others that having a roomie is worth the risk (or at least worth having to avoid potential bankruptcy).

    Personally I would just figure out though what characteristics you can't live with and try to screen carefully for those - besides I think living with others is something of a useful learning experience as well.
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    Mar 17, 2010 6:09 AM GMT
    I live in a dorm. Ahaha but this comming August I will be moving into an Aparment or house with some people hopefully. Vancouver is an expensive city though and UBC is is on a peninsula where the average house costs about 3 mil ahaha so I'm a little screwed.
  • Webster666

    Posts: 9217

    Mar 17, 2010 6:13 AM GMT
    How are you going to work full time AND do college ?
    Unless you're really miserable at your mother's house, I'd say you're better off staying there until you complete college.
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    Mar 17, 2010 6:20 AM GMT
    chris8787 said I am afraid I will resort to credit cards for everything else. I already have a huge balance on them.


    Wow, that is a scary statement. As Webster666 mentioned, if living at home is tolerable, I'd seriously consider that one. If accumulating debt is inevitable, Cannon's suggestion of student loans is a better opportunity with lower interest rates. I've seen so many of my friends struggle with massive credit card debt, and it scares the hell out of me. Best of luck!
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    Mar 17, 2010 1:36 PM GMT
    I am tired of living in the same place. You have no idea how big of a turn off it is when you meet a guy and say you still live with your parents. Ok on a more serious note my mom thinks i am pretty much worthless. I have been in the same house my entire life and I am sick of it. I probably will end up killing myself If i don't get a change. Also how i can handle college. I have no social life, no friends. I don't do anything outside of work so that would give me plenty of time for school.
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    Mar 17, 2010 1:51 PM GMT
    chris8787 saidI am tired of living in the same place. You have no idea how big of a turn off it is when you meet a guy and say you still live with your parents. Ok on a more serious note my mom thinks i am pretty much worthless. I have been in the same house my entire life and I am sick of it. I probably will end up killing myself If i don't get a change. Also how i can handle college. I have no social life, no friends. I don't do anything outside of work so that would give me plenty of time for school.


    if you're serious about the "killing yourself' part, then yes, move out.

    for what it's worth (about as much as you've paid for it), and as goofy as it is to say, right now you have nothing to fear but fear itself. you will never know what it's like until you do it. your imagination will run wild with scenarios about how bad it's going to be out there, and how you're going to pile on credit card debt, and how you'll fail because you'll go broke and end up back at your mom's place...and all these scenarios will have NO end game. in other words, any solutions you might offer to your imagination, it will only find something else to mess it up. right now, trying to imagine yourself moving out is a no win situation. if you gotta do it, then do it. when the real life situations present themselves, you'll handle it as they come.

    as intelligent as you might be, and creative, and imaginative, your imagination is not your friend here. sometimes the only way to do something is to do it. live and learn...take it as it comes...and all that. you'll make do. nothing is ever bad as it appears.

    jump in, man. the water's fine.
  • Posted by a hidden member.
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    Mar 17, 2010 2:15 PM GMT
    I dont know why parents go psycho when kids tell them they are moving out, I moved out of my house 3 years ago and my mom went insane, Caliing me names,starting rumors within my family etc. I have not spoken to her since. It was right around the time i came out so im sure that had alot to do with it. Anyway def try to find a roomate. 700.00 isnt too bad but you have to worry about food,electricity,water etc. Also you made need your moms info for college so tread lightly. take care
  • Posted by a hidden member.
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    Mar 18, 2010 2:40 PM GMT
    My parents went psycho. This house just seems like a prison now. Like I said before I am so depressed and I have no idea where it is coming from. I decided to move out.
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    Mar 18, 2010 2:45 PM GMT
    chris8787 saidI decided to move out.


    no time like the present.
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    May 18, 2010 4:38 AM GMT
    I have been out for 1 month and a half now. It is tolerable. I really enjoy it. I can manage it even though I don't get much money to pay down some of my credit card balance but it is worth it. It hasn't helped me with my social life like I was hoping it would. I am still afraid to go out and meet people. Owell
  • DrewT

    Posts: 1327

    May 18, 2010 5:13 AM GMT
    chris8787 saidThanks all for the replies. I am not sure what college I want to go to. I think i might do 2 years at a community college and than go to a university for the remaining 2 years.


    That's probably your best bet. Community college is much less expensive (generally) and the education you get can be better because there aren't huge lecture halls with 100s of students. icon_smile.gif
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    May 18, 2010 5:15 AM GMT
    I was going to ask some good sites for scholarships or grants. I don't think I would qualify for any though. My academic record isn't that great. Ill just google or ask the counselor.