Are you planning to move out of your parents’ home? It can be an exciting yet worrisome experience since you’ll be leaving the “nest.” It’s important to have some must-know information to make the experience easier. Here are some helpful tips to consider:
- Make the decision carefully
In life, we often make rash decisions based on events like squabbles with people. Before you make your move final take some time to consider whether you’re ready. Can you support yourself financially? Are you moving out for valid reasons? Are you ready to live on your own?
If you’re on bad terms with your parents, try to iron things out. Get their point of view and try to see things from their perspective. Who knows? You might still decide it’s time to move out, but you also might conclude you’re leaving for all the wrong reasons.
- Ask your parents for help
This might involve financial help in the form of a loan, for example. It’s one of the reasons you should leave on a positive note because it’s tough to ask for money from someone you’re not talking to. Taking out a loan also shows you’re trying to be responsible about the whole situation.
You can also ask your folks for advice about moving and even whether you should. They might seem old and out-of-touch but they’ve likely been through a similar experience so they can share their life experiences/mistakes.
- Try to ease your parents’ worries
It’s important to make sure your parents are at ease before you move out. Yes, they want their kids to be happy, but they might be worried for various reasons:
They’re sad since they’ll miss you
They believe you must get married first
They worry about who you’ll live with
They think you’re not ready
Try to reassure your parents as much as possible by promising you’ll contact/visit them regularly–then keep your word as much as possible. If you take this step, then your parents will be more likely to support your choice to leave the family coop.
- Leave on a positive note if possible
If you’ve had a heated argument with your parents, this can be easier said than done. That said, your post-move life will be much easier if you deal with any lingering issues before you leave. You’ll also likely want to communicate with and visit your parents in the future. You might even need their help/advice later so it’s a bridge you certainly should burn before leaving the family nest.
- Create a monthly budget
It’s critical to determine not only whether or not you want to move out but also whether you can afford to take that step. Get to the nitty-gritty of your monthly expenses. You should consider costs like a moving truck, security deposit (one month’s rent), renter’s/homeowner’s insurance, and connection fees for utilities, cable, web, etc.
The first month will include several one-time costs so make sure to factor them in. You should also make sure you can cover monthly bills like rent, utilities, repairs, etc. These costs are piled onto the ones you already have so there’s also that.