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  4. Are you living with your folks and looking to move out ASAP?
  • HeyAnna
    HeyAnna administrators Are you living with your folks and looking to move out ASAP?

    General
    1

      Get a headstart on independence as a 20-something with 7 tips in mind (also applicable to anyone looking to move out!)

      1404x630.jpg

      TLDR: Moving away from home and fending for yourself at an earlier stage of life is not going easy.

      • Have at least 3 to 6 months’ worth of emergency savings

      • Adhere to the Debt Servicing Ratio of less than 35% of your income

      • Use a financial tracker like NAV Planner to budget everything

      • Cook your own meals ✅ Eating out regularly ❎

      • Leverage on credit cards with cashback for groceries, utilities or bills

      • Find a sustainable side hustle for an added income stream

      • Split expenses with a roommate where possible

      Prepare your mind and wallet for one of the big pillars of Adulthood. Read on to learn what millennials have to say about financing your first move.

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      ponie4prez
      last edited by

        Definitely looking to move out for WFH peace and sanity, but not sure if I prefer living with others (probably can only afford a room rental) vs still staying with family for the time being. Decisions!

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