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25yrs old, making $30,000......

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Originally posted by: Injury
Originally posted by: spidey07
you are 25, you should not be living with your parents no matter what.

time to grow up.
At this age, he's in the right crowd for marraige to be in the near future... so he should either look into a house that can support a small family, or find a very cheap temporary solution.

women like dudes who don't live with their moms ftw
 
Originally posted by: mugs
Originally posted by: JLGatsby
Pay off your loans first, then buy a house. I would actually recommend moving elsewhere where housing is cheaper.

I agree with the asshole. What do you do that pays $30,000? It probably would pay about the same elsewhere. If you live in SoCal on that income you're going to be living paycheck to paycheck for the rest of your life.

The $21,000 - is that student loans? Car loan? Both?


http://forums.anandtech.com/messageview...atid=38&threadid=1768099&enterthread=y
 
i'm in a similar situation, and i think the best option at the moment would be to rent an apartment with roommates for the time being.

i'm also 25, living at home (and told i need to move out), and in an area with overvalued housing (central fl). i have a job that used to pay $50k straight salary, but work hasn't been steady and i'm making closer to $40K now. i also have about $50k in student loans but probably won't pay it off early because i consolidated when the interest rate was low.

at the moment i'm thinking about moving out to california (los angeles) or atlanta. i definitely sympathize with your situation. living with parents can be slow torture.
 
Originally posted by: CptObvious
i'm in a similar situation, and i think the best option at the moment would be to rent an apartment with roommates for the time being.

i'm also 25, living at home (and told i need to move out), and in an area with overvalued housing (central fl). i have a job that used to pay $50k straight salary, but work hasn't been steady and i'm making closer to $40K now. i also have about $50k in student loans but probably won't pay it off early because i consolidated when the interest rate was low.

at the moment i'm thinking about moving out to california (los angeles) or atlanta. i definitely sympathize with your situation. living with parents can be slow torture.

Its gonna be really tough if you come out here to CA, especially LA...
 
paying off student loans can wait. First invest the money you get every year, and pay the student loans off gradually. Intrest rates for student loans are usualy extremely low. Next time when your borrowing money from a bank for a much higher rate, you WILL kick yourself for paying the student loans all at once.
 
Originally posted by: RaistlinZ
Originally posted by: mercanucaribe
Stay with your parents for a year or two and pay off your debt.

I forgot to mention, staying at home with parents is not an option. My stepmom "subtley" left an Apartments For Rent magazine on the desk in my room while I was out the other day. She obviously wants me out. 🙁

Did any of you read this post??
 
Originally posted by: RedBeard
Originally posted by: RaistlinZ
Originally posted by: mercanucaribe
Stay with your parents for a year or two and pay off your debt.

I forgot to mention, staying at home with parents is not an option. My stepmom "subtley" left an Apartments For Rent magazine on the desk in my room while I was out the other day. She obviously wants me out. 🙁

Did any of you read this post??

I missed it🙁

Okay, get a cheap place and take on a second job.
 
Originally posted by: RaistlinZ
The problem is that here in Souther California new homes are WAY out of my price range ($400,000+). The other problem is that rental units are also very expensive now, about $900/mo. for a single residence.

$900 is cheap for southern California. I am moving to southern California this summer and the 1 bedrooms im looking at are around $1500-$2000. But yeah, 25 is to old to be living at home.
 
Originally posted by: Eghck
Its gonna be really tough if you come out here to CA, especially LA...
i have a family member there who could rent me a space. but yeah, i wouldn't consider going there otherwise, given my current situation.
 
Originally posted by: Eghck
Its gonna be really tough if you come out here to CA, especially LA...

Only if your buying a home, renting isnt to bad there considering you make more in Cali
 
Originally posted by: RaistlinZ
Originally posted by: mercanucaribe
Stay with your parents for a year or two and pay off your debt.

I forgot to mention, staying at home with parents is not an option. My stepmom "subtley" left an Apartments For Rent magazine on the desk in my room while I was out the other day. She obviously wants me out. 🙁



P
 
Originally posted by: Injury
Originally posted by: spidey07
you are 25, you should not be living with your parents no matter what.

time to grow up.


I disagree.

Unless you parents insist you leave, you're smart for staying with them as long as you can. At this age, he's in the right crowd for marraige to be in the near future... so he should either look into a house that can support a small family, or find a very cheap temporary solution.

Getting rid of current debts is priority #1. The main reason people have financial problems is because they load debt on top of debt thinking that it will be paid off soon enough or they can handle it. One bad things happens and you're screwed.

I know enough about California to know that $30,000/yr isn't enough to be a home owner. Have a chat with your parents about staying there for another year or so and paying them a bit for the extra you're using and work on that debt while you're there.

When you get down to an amount you could pay in less than a year with no troubles (say around sub $5000) then you start looking at places to move to.

Wow...just wow...

@ 25 Living with your parents should only be an option if you're still going to school. Other then that it's time to move out. To even suggest different is the sign of a loser.

Life isn't all about being financially "safe" sometimes you gotta go through "******" to learn what it is like in the real-world.

Living @ home @ 25 is sad, just sad. Any woman worth her salt would run away from any man still living @ home.

 
If you are 25 and making 30k in CA my suggestion would be to move. After staying with the rents for another two years and banking the money of course.
 
Originally posted by: Nutdotnet
Wow...just wow...

@ 25 Living with your parents should only be an option if you're still going to school. Other then that it's time to move out. To even suggest different is the sign of a loser.

Life isn't all about being financially "safe" sometimes you gotta go through "******" to learn what it is like in the real-world.

Living @ home @ 25 is sad, just sad. Any woman worth her salt would run away from any man still living @ home.
it's more common than you think, especially in urban areas. i could probably afford to live on my own right now but i wouldn't be able to buy a house until maybe my mid-30's. seeing that you live in alaska, things might be a little different.
 
Originally posted by: Nutdotnet
Originally posted by: Naustica
Living @ home @ 25 is sad, just sad. Any woman worth her salt would run away from any man still living @ home.

I guess you're not Italian.

No, I'm American.

that's also a rather blanket statement... you don't know what each individuals situation is (and i'm not talking financially). however, with that said, it just seems like the OP needs to just find a few roommates.
 
Originally posted by: daveymark
Originally posted by: RaistlinZ
Originally posted by: mercanucaribe
Stay with your parents for a year or two and pay off your debt.

I forgot to mention, staying at home with parents is not an option. My stepmom "subtley" left an Apartments For Rent magazine on the desk in my room while I was out the other day. She obviously wants me out. 🙁



P


w
 
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