By Maniyah Goodwine
So you are ready to move out. You’ve reached a point where you crave your own space, and a little bit of freedom. Here are some of the basic things you need to know before deciding to take the final step of moving out.
Depending on your relationship with your parents, moving out might be a permanent decision. When moving out, consider the relationship you have with your parents. In some households moving out may be permanent. Make a plan just in case your roommate changes his or her mind, or you are unexpectedly unable to pay rent.
Remember: you probably won’t live in a palace. Your first place probably won’t look like a room out of an IKEA catalog. Your first place may be a little shabby, and having realistic expectations about what your place may be is crucial for this transition. Realistically, your first apartment might not feel like home because, well, it isn’t yet. You can always find ways to decorate and add personality to your first place without spending too much.
You will need to juggle multiple responsibilities. While moving out has its perks, it also comes with a cost. You will have a new sense of responsibility as you learn to juggle school, bills, and other obligations that come along with being on your own. Simple luxuries you may have had at home, like someone else cooking dinner or doing your laundry, will all be things of the past. Moving out truly means that you are independent!
You need an emergency fund. Life has a way of throwing curve balls when we least expect it. Your car could break down or you could injure yourself in a way that prevents you from working. Having at least three months of rent saved is necessary before moving out.
Budget. Budgeting is another part pf being an adult. Those random trips to the mall or online shopping sprees will become a thing of the past, or at least something done in moderation. Moving out means that you will have to monitor your money in a way that enables you to be able to take care of your financial obligations. You will have to create and stick to a budget in order to remain financially sound.