Living with your parents for a very long time, you start to wonder how it feels to live on your own. Comes the stage where we want to feel like an adult, having privacy, freedom, and being independent. Supporting the thought of moving out, make sure to have a definite plan to make your move out clean.
You need to start saving up cash weeks before you move out and get used to the feeling of limiting yourself from too much spending. Living alone means buying your own appliances, utensils, and your own toiletries. Make sure before the move out day comes, you are prepared mentally, physically, and financially.
Here are some tips to hopefully help you practice budgeting your money in preparation for you moving out and feel that independence.
Tip #1: Know The Price of Your Forever Home
Before moving out, know whether the price of the house you are buying or renting out is within your budget. Never go beyond your budget or else you will not be able to maintain it and eventually move back in with your parents before even enjoying your freedom.
Decide whether you are capable of paying rent and live by yourself or if you are in need of getting a roommate to share and lessen your expenses. Getting a roommate has pros and cons, pros will be for lessening the expenses and lessens the feeling of being alone, cons will be lessened privacy and both of you should be willing to adjust with your differences.
Tip #2: Pay for Your Own Bills
One of the indications that you are ready to move out is being able to pay for your own bills. Start by paying your phone bills, slowly add your expenses for water and electricity bills. This will help you get used to the obligation and not get culture-shocked of life being an adult.
Create a checklist of your monthly expenses, this will help you monitor and not leave any bills unpaid. Make sure to pay your bills on time, unpaid bills will have additional charges, resulting in more money spent for that month.
Tip #3: Finish Paying Your Debts
Make sure to clear off your debts before moving out. Finishing a two years contract on your loans or gadgets will be one less item on your checklist. With debts gone, your monthly bill will not be that big and stressful.
Tip #4: Avoid Unnecessary Expenses
Keep in mind that living alone means preventing unnecessary expenses. Avoid using uber, try taking the bus for a change, you will find it cheap and surprisingly comfortable. Lessen your shopping and dining in restaurants.
Rather than buying expensive food, try to learn how to cook and imitate those delicious foods served in restaurants. You will learn how to cook and save more money, hitting two birds with one stone! The more money that you are able to save, the more you can invest in making sure you will leave your apartment clean. With help from a professional cleaning service for a deep clean and move out clean, surely, your landlord will be happy.
Being an adult is not only determined by being able to move out, being able to maintain your rent, water, electricity, and phone bill is already an achievement for living alone for first-timers. Expenses do not stop with bills and rent, you also need to spend money on appliances and your needs. Needs such as replenishing food in your refrigerators or your hygienic kit or toiletries.
Never spend too much money on wants, you can spoil yourself once in a while but never too much. Always save extra money more than you budgeted for your monthly expenses in case of excessive charges on your electricity or water bills. These tips will help make your move out clean easier!