Is it feasible for two 18yr olds to move out?

[Krassus]

Brilliant. Move out at an early age, lose your best chance to save any cash, get into debt, get tied up, and end up living paycheck-to-paycheck like everyone else. Goddamn, you'd think people would have learned by now. Take some advice from the Jews - they're all rich, and ask them how old they were when they moved out of their parents' basement. People might have laughed at them in college, but those same people are now filling the Jews' BMWs up with gas.

 

[iamwiz82]

Originally posted by: Krassus
Brilliant. Move out at an early age, lose your best chance to save any cash, get into debt, get tied up, and end up living paycheck-to-paycheck like everyone else. Goddamn, you'd think people would have learned by now. Take some advice from the Jews - they're all rich, and ask them how old they were when they moved out of their parents' basement. People might have laughed at them in college, but those same people are now filling the Jews' BMWs up with gas.

better to live life while still young rather than try to buy it back when old.

 

[thraxes]

Originally posted by: SammySon
You can do it, millions of poeple before you have, millions of people after you will.

The persons on this forum saying you can't, must have grown up with silver spoons WAY up their asses.

You deserve this for speaking the truth: :beer:
According to them I should still be living at my parents house... yeah right.

A very good friend moved out when he was 16 (family trouble), he lived almost three years in a small room in the middle of a railroad yard. You can move out but don't expect to live in comfort at 400$ a month with a car to pay etc...

 

[duragezic]

Alright I am not yet completely discouraged from doing it or encouraged... but there are a few things I should clear up.

First off, we WOULD NOT be getting cable tv (I hate tv, I don't remember the last time I watched it at home), a landline phone (since I already got a cell phone we could just both pay on it). I would kind of miss broadband, since I doubt we could afford that, but if nothing else I do believe we can get dial-up internet through the college for only $10/mo.

And, I don't go to the movies or anything like that. The last movie I saw was Orange County! I don't buy cds much either. Just the fact that my friends and I would have a place to hang out at and do stuff is what is fun to me.

As long as the apartment had a refrig, stove, etc... then that would be enough. Between the two of house we could bring a long a ton of old stuff from our houses like a futon, chairs, dishes, etc... all free. I'm pretty sure both our parents would continue to pay insurances. Don't say we're spoiled. Like I could ever afford car insurance now anyway, they've always paid it.

As for college, I have my first two years of college EASILY payed for with scholarships and there will be enough left for part of my 3rd year at a university, and I would still be eligble for tons more. I didn't even try much through HS and graduated with a 3.99. Both of us got a bunch in the bank and I save some every now and then still. We both have like $600+ in graduation money that I am not spending on anything now cause I don't have anything to buy. You guys say to save this or that, but what for? Why not enjoy life as it is right now. Waiting a year might be a good idea though.

 

[gordy]

Originally posted by: tec699
God damn you people are wusses. You can move out, if you manage your money correctly. I swear.. I think weve been pampered way to long. If we ever had a national crisis, 90% of Americans would die within a few months.

right on,

stay at home and milk it, suck it up if it's "so bad(strict :roll" finish school, work, save up a ton of jack, drive a beater... then buy a house

i wish i had done that

 

[Joker81]

Originally posted by: Viper GTS
No, absolutely not.

On top of the financial reasons not to you sound quite immature.

When I moved out I was 19 & making $31K a year. I wouldn't want to do it with less.

Viper GTS

Viper you Surely can live on less then 31K a year. Thats about 25-27 after taxes right. Thats about $2000 after taxes a month. Depending if you want a big apartment you could easily live on 1000 per month as long as you don't have a car payment and thats living by yourself in a $600 with no car payment.

With 1000 a month and another roommate you could possible have a car payment of roughly 250 in a aparment of that cost 800~1000 a month.


For the original Poster. Don't forget you usually got to pay first and last rent at the begining + deposit so it sometimes comes out to almost $2000 for a $800/month apartment.

 

[dquan97]

Technically, you can move out, but it is not financially prudent. I lived at home most of my life, except for 4yrs when I moved out to go to college (I came back home afterwards). Now that I'm married, I have moved out with my wife into a 1bdrm apt for $735/month. We altogether make about $3500 (she's still in school) and that's barely making it.

 

[WhiteKnight]

I make $1600/month as a grad student (pre-tax). My rent for an efficiency here in Baltimore is $600/month. Once I pay for utilities and food I make it with a little to spare each month. I've actually been spending a lot less on food than I was planning (I had budgeted $250/month) because my girlfriend's mom gives me a lot of leftovers.

For your situation, I'd say that you would be able to scrape by financially, but be prepared for a whole host of other issues (social to name one) that you may not have considered before.

 

[anno]

First off, we WOULD NOT be getting cable tv (I hate tv, I don't remember the last time I watched it at home), a landline phone (since I already got a cell phone we could just both pay on it). I would kind of miss broadband, since I doubt we could afford that, but if nothing else I do believe we can get dial-up internet through the college for only $10/mo.

gotta have a phone line to dial up though, yes?