When did you all move out of the house?

Brandon1 · 10-24-06, 10:24

I am 19 and I still live at home. I guess this is a confusing time for teenagers as when to move out of the house and go out into the real world. I attend college, but for the next year, it will be only 20mi from my house, so I prob wont move then. But when I go to NC state in fall 2007, I will probably want to move out. When did yall move out?

I am thinking being out of the house by at least 20 should be good. Maybe find an apartment with a buddy of mine and rent for a while until my engineering schooling is over and I can afford a house back home on some land I have.

Worst thing about moving out, NO MORE GARAGE.

That would suc the worst.

Sorry for dumb post, just wanted to see when other people have moved away from home.

Joshua312 · 10-24-06, 10:32

I am currently 19 and live at home as well...I attend college very close to home, my commute is basially 5 minutes long. I probably will live at home until I graduate. No sense in paying for an apartment when I can live at home for free and save all that money for rent/food/utilities. Putting some money into a Roth IRA is also a good idea to help save up for a house.

Do I feel dumb at times...yes you bet. But then again, my friends who live at college are without jobs, their parents pay for rent and food...so you tell me who looks dumber at the moment. I attend school full time, work 30-35 hours a week and pay for everything I have.

Enjoy the time at home and I hope you enjoy the apartment as well...it should be fun for you to get away from home. Good luck to you!

Danase · 10-24-06, 10:39

My advice to to live at home until you can afford to buy a house and not have to rent. As long as your parents can stand you that is. LOL I started saving for a house when I was 14 and started working for a concrete crew. When I turned 15 I went and worked for a hardware for 3 years, then a custom boat trailer manufacturer for 3 years, then an architect for 3 years, and so on. I worked through college and every time I changed what I was going to school for I changed jobs it seemed. LOL Anyway, I was able to buy my first house when I was 23 years old.

zippymbr · 10-24-06, 10:49

Good advise from Danase. I moved out at 22 and moved out of state to be with my future wife. Bought a house 2 years later. I hated paying rent for those 3 years! Save your money for a downpayment, like around 3-6% of the cost. Savin money now while your bills are low will get you in a great financial position. Many young guys get into terrible debt in their early 20's and spend years trying to get it straight. Save money, spend wisley, and avoid large purchases unlit you need it not want it. Sorry for preaching I just now too many people that should have made better choices with their money back then and are paying now.

ZaneO · 10-24-06, 11:04

I moved out at 18, but I also moved to a different city for college. I think there are advantages and disadvantages to both situations.

If you move out now, it will cost you more, but it will teach you how to properly budget and manage your finances. It will also give you more freedom, independence, and responsibility.

If you stay at home, you should be able to save a significant amount of money, but it doesn't really allow an accurate sense of what it takes to live on a monthly basis. You may also feel restricted and obligated, but that ultimately depends on your parents and your relationship with them.

Accumulator · 10-24-06, 11:10

Quote:

Originally Posted by Danase

My advice to to live at home until you can afford to buy a house and not have to rent. As long as your parents can stand you that is...

Yeah, and as long as you can stand *them* too

That's what I did, waited until my mid-20s so I could buy some place decent. My dad waited until he was nearly *40*

but he paid cash for a wonderful place and lived there the rest of his life.

the other pc · 10-24-06, 11:17

I have friends who were out on their own as teenagers and others who were still with their parents until they were 40. Either can work out successfully if you do it right and everybody involved is in sync.

Whatever you do, stay in control of your life, work towards your future, live in the present.

PC.

ebpcivicsi · 10-24-06, 11:21

Broke camp at 18, we worked our way through school, stacked up some paper working *crazy* hours when school was out, bought our house (well the bank owns it, but that will change in about 8 years when she is paid for

) at 22. Not sure I would do it again or not, but I know the value of a dollar, how to budget, and how to save.

calgarydetail · 10-24-06, 11:26

Im also 19, wow theres alot of us lol, and i am living at home. I just cant afford to move out. Between tution, books and bills i dont have enough money now. I am lucky enough that I can live at home as long as I need. You will get people saying they moved out at 18 and they feel everyone should leave at this point. but look deeper into whos saying it, alot of them are not in there 40's or 50's and to put it simply it was a diffrent world back then. Hell my dad could afford to move out at 17(he wasnt living well but he did it) and he laugh everytime i say i want to move out. He know damb expensive it is. (i live in calgary, its now the most expensive city in canda, yes folk it is so those in toronto and vancover please dont argue)
So after all the rambling, the moral is , I know exaclty what you are goingt trhough, and my advice is although lving at home sucks lol (i love my family but you want your pricacy) its better then not being able to afford food. Wait till your done school, its only a few years before you are done.

Good luck with the decision

Brandon1 · 10-24-06, 11:46

Well, I have worked for my fathers general contracting buisness for the past 5yrs. He pays for school/insurance/gas. If I leave, he said he will still help with school and cover insurance. I really dont want to be living with them when I am 21 or 22. I want to be on my own and able to support myself under my own steam.

My biggest problem is that working for my father for the last 5yrs, I have never had a "real" job and I am wanting to learn stuff more than he is willing to teach me. Getting a real job and finally being able to pay for some stuff on my own would be great, but I see what some say about saving for a house. I have some land already and I plan on putting a small modular home on it until I can afford the permanent hous I want. I just think buying a modular home is going to be hard at 21 or 22 yrs old.

Would be nice if dad would donate one of the houses we build for free.

Not going to happen.

It's ok, I want to do things on my own.

Brandon1 · 10-24-06, 11:48

Quote:

Originally Posted by ZaneO

You may also feel restricted and obligated, but that ultimately depends on your parents and your relationship with them.

Yeah, they still think that I am 12yrs old, so that dosent help.

GregCavi · 10-24-06, 12:11

Im 18 and moved into an apt this year to attend school.

Greg