 Renter's insurance. are these really needed? |
| never used them, but is considering of using them one day. how much do they cost on average per month?... |
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 Will i be responble? |
| I LIVED WITH SOMEONE WHERE WE WAS SHARING THE APARTMENT BUT HE WAS THER LEASE HOLDER I WAS JUST LIVING WITH HIM HE MOVED OUT ABONDONED THE LEASE THE LANDLORD SAID I PAID NOV. RENT I DIDN'T PAY... |
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 I paid rent and got a reciept but he says check bounced and now what? |
| I paid rent on saturday october 4th. Mailed a check. I got a receipt on October 18th. Thats 2 weeks after. I got a phone call today, October 21st, saying that the rent check bounced. So now what??? I... |
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 My landlord wont renew my tenancy agreement what should i do? |
Additional Details
he said that once he had renewed it two times that he dont need to do it any more but i dont know if that is true or ... |
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 Can I survive and make it with $500 a month after apartment rent and utilities are paid? |
Hi how much do I need each month for food, transportation, hygiene supplies (toilet paper, shampoo, soap, shaving cream, etc)?
Will $500 be good enough after apartment rent and utilities are ... |
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 I now have to live alone.....can i get any help? |
| I recently started renting a property with my partner but we have now split. He used to pay the rent each month, which is £450 and i pay the bills, council tax, gas, elec, water, food etc and we ... |
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 What is your opinion on buying a house with cemetry at back side.? |
Answer could include any practical/non practical reason. But please support your answer with genuine experience /sources.
Additional Details
What is your opinion on buying a house with ... |
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 Has anyone heard of a FOURTY year mortgage? |
If so, what is the name of the mortgage company or bank.
I live in california
T... |
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 Can i move with no notice if my lease is up as of a year ago? |
| i live in San Diego CA and i love it but it is so expensive. my lease was up a year ago and know i want to move but i am not going to give the manager a notice i am moving a week before the end of ... |
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 How to get a mortgage with everything working against us.? |
| The house we want will probably cost 300k. This may sound expensive but where we live, you are lucky to find a property this cheap. Anyways my parents have bad credit and we cant come up with 20%. W... |
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 Calling all Landlords?? |
| My landlord is a total twat. He has been on the phone to me ranting today about why was my rent 3 days late this month. I have never been late before, in fact it is usually a day early. I also ... |
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 Should I buy a house right now or pay off credits cards? |
| I live in Mobile, AL where the housing market is about to take off due to new jobs coming to the area. We are not first time buyers but we do not currently own (we are renting a house). We have ... |
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 Is it a good Idea to buy a home right now? |
| With all the subprime mess going on right now, how will this affect my chances of getting into a house with no down. My credit score is 680 but I'm a little weary on how lenders will treat me ... |
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| Anyone got any tips? |
Im going to view a house tonight, what questions do you think I should ask?
Im a first time buyer, buying with my partner.
All tips welcome..♥... |
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 What can be done for first time buyers to make homes affordable? |
| There's a desperate need for cheaper homes for young people. The problem will not go away so what can and should be done.... |
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moving_out | I'm 18 years old and looking to move out of home, how much money will i need before i contemplate the big move |
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chitown
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depends were you live. it will cost more if you live in a city, but if you live in the country it will be pretty cheap |
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FL_Engineer
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Make sure you are leaving for the right reasons. Wanting to "come and go as you please" and other 18-YO "I'm an adult now" fantasies get quickly sqashed when you suddenly are confronted with "freedom". The cost of your freedom is much higher than you might think. You have rent, utilities, car payment, gas, insurance, other money. Assuming you are working now, expect that the extra money you have right now will be spent on bills that your parents are currently covering all or most of.
I understand the need to get out on your own - I was there myself. I even moved out for a little while, and ended up going to school and working three jobs. It was not easy, and I tucked in my tail and went home.
Your best bet is one of two things: 1) Live at home and go to college or vocational school or 2) join the military. The choice you make right now can have a very profound effect on the rest of your life, and whether you end up struggling throughout it or thrive.
Think about it, pray about it if you are a believer, and try to make the best long-term decision. When in doubt, don't rush into anything.
PS - the tax advice below is not accurate. Most moving expenses are not deductable unless you are moving for a job and you are moving more than 50 miles. There are other restrictions. |
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yozombiesmama
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well, it depends on what area you live in. But you'll need AT LEAST $1000 for first month rent, $1000 for security deposit. Figure $200-400 for bills, depending on it you are going to have cable, internet, phone, long distance, gas, water, electric. You'll need $$ for food, toliet paper, dish soap, lightbulbs, all that fun stuff. gas $ if you drive....I'd say have at least $5000 put aside before you start looking to move out. AT LEAST!! |
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Kissingbythesea
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depends where you live, if you have a job and are attending school. Many places require a deposit and maybe 1st and 2nd month's rent. Think if you want to live with roommates (you are young and I would recommend it) and this will reduce your costs. Make a list of the must own items (bed, dresser, TV, car) and other costs (Gas, electric, insurance).
I hope this helps. You can check craigslist.com to get an idea of what people are asking for rent in different cities. |
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Uncle John
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Depending where you live, you will need approximately $600 a month for rent, for an apt. You will need at least $100 a week, for grcoeries, and other needs. Also close to $90 a month for your power/gas bill, $200 a month for the phone bill and & at least $200 a month for the cable bill plus $80 a week for gasholine and your own car or moped. And of course, you have to eat. You'll need at least $300 for school, if you want to take college classes and at least $20 in quarters for doing laundry, and for snacks and or beverages, including trail mix and coke from vending machines. Also a job. |
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thylawyer
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It's not so much how much you need before you move out as it is having a source of regular income to pay for your living expenses: rent, food, utilities, heat, car, gas, and everything else you like to enjoy - every month. To rent an apartment, you often need the first and last month's rent and a security deposit, usually the same as one month's rent. Check the local paper to see what rents are like. |
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Mercedes A
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depends on where u live and what u are looking for...are u wanting your own apartment?...how many bedrooms?...or are u looking to be a roomate?...what city do u live in? |
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Mr. Brain
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usually first and last months rent and a deposit of around 500$ depending on where you live in the country. To be safe.. I would save up about $3000 so you can buy food and all of the last minute things you will realize you dont have when you get in the house. |
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penny_axewound
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I would say you'll probably want to have amount that totals the first month's rent and deposit, another 2 months rent to allow for time to find a job (unless you've already found one where you'll be moving to), and maybe 200-300 dollars extra to cover things like groceries (stocking an empty fridge is tough!) tolietries, cleaning supplies, etc. |
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bc21640
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You will usually need first and last months rent and have enough for next month's rent.
Also factor in Utilities such as
Electric, gas, water, heat, Phone, cable, internet, garbage removal, parking fees depending on where you live. Some of these may be included in the rent.
Then there is the cost of food, entertainment such as going to see a movie or renting a movie.
Some of these you can live without such as internet, cable and phone but do you want to?
A roommate is a great idea if you are tight on cash as they can help pay half of the rent and utilities. But find someone reliable and that you know will pay their share. |
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trying2bhelpful
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The general rule is that you should have 2 months living expenses PLUS all the money you will need for deposits, rent, etc. Depending on there you live, that could be anywhere from $2500 to $8000. |
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scoutsagirl
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First you need to know your total monthly income so you know how much money you will have to spend. Look in your local craigslist or newspaper to find out how much apartments generally rent for. Also, look to see what type of deposit landlords require (typically it is first and last months' rent or that plus some sort of deposit). You could call potential landlords and also ask what the amount of deposit is. Then calculate utilites, such as water, gas, electricity, and so on. Don't forget that you will need money for groceries, entertainment, internet, cell phone, gas, insurance, car payment (if you have one) or money for public transportation. If you dont know what the utilities will cost (sometimes they are included in the rent), again, call landlords and ask what the typical cost of those is.
Don't forget that most landlords require some sort of lease, so even if you can afford a few months, but then you are too broke to carry the bills on your own, you will still be responsible for the rent for the duration of the lease. Ask the landlord about their policy of breaking a lease. Some are flexible if you give them advance warning (one or two months), some are not.
One of the biggest expenses most people who are starting out forget about is how small things add up. You will need cleaning products, groceries, curtains, linens for your bed, towels, cooking supplies (pots and pans, spoons, silverware, plates), and so on.
After looking at all of that on paper, you'll need to determine whether getting a roomate might be the way to go. It can be hard to live with someone else, but it will definitely offset the cost of living expenses. |
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GAgirl
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Wow, a lot of money.
Rent = first, last and security. so if you are moving to a place with $800 rent you are looking at $2400.
Electricity = deposit and first months bill. depends on what state you are in. I am in GA now and didnt need a deposit but when I lived in FL they required a $250 deposit and first bill was $150.
Water = again it depends where you live. some places pay the water for you some dont. If you are paying it yourself you are going to pay about $27-35 per month.
Telephone = $100 deposit, $42 activation fee, about $60-100 monthly bill.
Cable = $25 activation fee, about $50 per month
Food = $240
If a washer and dryer arent in the unit and you have to go to the laundry mat, thats anywhere from $20-30 per month.
I assume you dont have to buy any furniture.
Then factor in car payment, car insurance, gas, car washing expenses, etc.
So basically unless you have a really good job or are planning to live with roommates, stay at home. Its expensive out in the real world.
Hope this helps! |
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AnOrdinaryGuy
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That's a good start. Assuming you have enough income to cover rent, food, utilities, you will need a 1 or 2 month security deposit and one month's rent in advance, in most places. If you have to pay your own utilities, there may be some sort of deposit or advance payment as well. I also suggest you set up a file folder for each one of these accounts, and save the contracts, bills, etc. Living on your own requires some organization. |
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sweetjackieangel
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make sure you have at least 4 months rent saved an put away. Youre also going to need money to but furniture, etc.. Also, you will need at least $250 or your first grocery shopping.... |
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Rachel
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I left home at 18. I saved enough money for my bond and deposit, and a couple of months rent in case I lost my job. |
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Spaghetti
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Enough for a few months rent incase of an emergency. An AAA card. And Enough for a month of groceries. |
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opusnight
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Well, it depends on if you're moving out of town/state, or locally. Either way, moving into an apartment or other rented place requires a deposit equal to the first month's rent, plus that first month's rent, and often you may have to pay the last month's rent as an additional security deposit. So, let's say you rent a place for $700 per month, you will need $700 first month's rent + $700 deposit + $700 last month = $2,100. And you will likely have to pay a small application fee (figure $50) to the rental agency.
Then you have to get your utilities: electricity, you generally need a deposit of up to $200; gas, if it has gas heat, maybe another $100; phone you might need another $100 deposit; cable TV also, if you want that, will need an installation fee, usually about $80 (although you can always find deals where they won't charge for installation). You may also have to pay for water/sewer fees, although that's generally if you're renting a house, not an apartment.
And then there is a move to another state. You will probably need a U-Haul, figure another $300 or more depending if it's a far move, plus the gas costs. When you get settled in, you have to get a new driver's license (fee), new license plates (fee), and maybe have your car inspected (fee).
And then there are the little things, miscellaneous items once you move into a new place - kitchen items, bathroom items, etc., figure about $350 to get what you need/want.
Now all of this is assuming you have your own furniture of some kind - if not, I recommend going to a thrift store (Goodwill, etc.) and finding cheap tables, chairs, etc. Plus you need a mattress/bed, so figure about $200 or a lot more depending on what you want.
I hope this doesn't scare you off from moving out, but all of this I can tell you from having moved 7 times over the years, the first time when I was about 24 years old. I highly recommend doing it - it's worth every penny to have your independence! My one bit of serious advice: do NOT get into credit card debt to do this. Save some money and do it right, pay for everything upfront. Make sure you have a job prior to moving, too. Hope this is all helpful to you - best of luck! |
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madnmike
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First thing is, you'll need first and last months rent for an apartment. Depending on where you live this may cost anywhere from 600 to 900 per month for a one room apt....so, you may need at least 1200 just for your first month of renting. If you add moving expenses (like renting a van for instance)...hooking up a phone, cable and then factoring at least a months worth of food and other daily expenses...you're looking at possibly a minimum of $1700 for the first month! The good news is that you can deduct your moving expenses on your next tax return so keep all your receipts! Good Luck! |
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