As you start to grow up and take steps into adulthood, you may be pondering getting your own place. That could be moving in with your closest friends or scouting out your favorite spot to call your own. Either way, getting a place is special, but a big decision. Instead of taking care of your room in your family’s house, you’re all the sudden taking care of a whole place. You may be wondering if you’re ready to take the leap, or even be financially dependent on yourself.
Most of the time, you may not be able to go back if things go sour. If you end up getting a lease outside of a month to month contract, you could be there anywhere from three months or longer. Needless to say, living on your own can sometimes feel overwhelming. You may be looking through Pinterest at all the beautiful apartment designs, yet if you don’t have the savings saved up, you may not be able to get exactly everything you want.
If you’ve been wanting to move out for a while, you may have already accumulated a decent savings account. To get a better sense of where you’re at working up towards this next stage of your life, follow Mint’s flowchart.
Now, if you passed the test and are ready to take things to the next level. Print out the moving checklist to ensure you and your budget are on the right track to success.
Lastly, cheers to you, your new apartment, or your savings account that’s helping you work towards this big move!