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-   -   whats a reasonable amount of cash to have saved to move out? (http://forums.netphoria.org/showthread.php?t=176205)

MusicMan4 04-23-2012 09:03 PM

whats a reasonable amount of cash to have saved to move out?
 
i'm at $860 so far
i feel like i'll need about $3000 or something
and hopefully the hours at my job will be a lot consistent by then

MusicMan4 04-23-2012 09:04 PM

it would be cool to have a basic understanding of basic life skills and finances at the age of 28

mercurial 04-23-2012 09:06 PM

get into a place that's already established was always my way of keeping the costs down. that way you don't have to buy all the furniture, pay setup costs for utilities etc.

sppunk 04-23-2012 09:17 PM

General theory is to have enough cash on hand to cover three to six or so months of living expenses.

mercurial 04-23-2012 09:21 PM

seems a bit excessive?

i mean if you have a job, and steady income, why do you need to have 6 months saved?
once you cover your setup costs (deposit, first months rent, utilities) the big costs are out of the way.

reprise85 04-23-2012 09:43 PM

see about renting in someone's house or apartment. thats the lowest stuff you will find and will make it easier to move. i know being around strangers is weird but it can be a good thing too

otherwise if you are getting a lease and putting down a big deposit etc, definitely i'd say you need more

sppunk 04-23-2012 09:58 PM

Quote:

Originally Posted by mercurial (Post 3850689)
seems a bit excessive?

i mean if you have a job, and steady income, why do you need to have 6 months saved?
once you cover your setup costs (deposit, first months rent, utilities) the big costs are out of the way.

If you lose your job or get injured (or even have a major unforeseen expense), the emergency cash reserve allows time to live without income.

redbreegull 04-23-2012 10:07 PM

maybe that's reasonable for you one-percenter oil baron's sons

ilikeplanets 04-23-2012 10:12 PM

Yeah this is all relative to how you want to live. Don't expect to have such a cushion when you first move out....it will never be "safe enough" anyway. You're probably fine

redbreegull 04-23-2012 10:20 PM

I mean $860 is not enough unless you live somewhere real fucking cheap/are looking for an adventure on the streets IMO, but you probably don't need whatever huge amount of cash sppunk is implying either.

TuralyonW3 04-23-2012 10:24 PM

Sean have you considered whoring yourself to women? Like for money?

Order 66 04-23-2012 10:32 PM

when i used to live with my parents i pulled like $500 together and crashed at a friends place for 2 or 3 months. then i was able to pull together enough money for a (shitty) apartment. but i got a job during the ordeal. otherwise it wouldve been a disaster

slunken 04-23-2012 10:40 PM

make sure you move within walking distance of downtown of the town you live in

slunken 04-23-2012 10:41 PM

http://tinyurl.com/786ohxs

Eulogy 04-23-2012 10:41 PM

You must spread some Reputation around before giving it to slunken again.

vixnix 04-23-2012 10:56 PM

I would think 2k is enough.

Dead Frequency 04-23-2012 11:29 PM

Keep all of your receipts for a month, tally it up. Add on top of that any bills (rent, utilities). Save twice that. But that's a prepared move. I've never actually saved up to move. I've just gotten the initial amount out for rent, shelled out and hoped from the best.

duovamp 04-23-2012 11:30 PM

It's all about income. Is it steady and is it sufficient? When I moved in with my gf we had full-time jobs with decent security that had good income and health benefits.

If you're working part-time and you could get hit by a car some day while you're riding a bicycle, then I'd have a few safety nets in place, not just cash.

I'd say have enough cash for the deposit and two months of rent and utilities, you should be good if you have a job you can count on tbh. You'll be fine.

Scarecrow 04-24-2012 03:25 AM

The money you have now is sufficient enough to move out.

You just have to follow an alternative suggestion by attempting the Struggle lifestyle. Basically you're currently living as a fat cat with things already provided for you. (I'm assuming)

But you can choose to make things difficult by sleeping in the the back of your car in a parking lot, think of it like like camping out. Eat at 7-11, get a gym membership solely to shower everyday, you can still do what you did in the other thread in the shower but remember its in public, brush your teeth, maybe get a workout in.

Than your left on your own, trying to find a better paying job for your expenses through talking to people showing that determined look in your eye, or going to the library for your internet time. You'll be in a shitty state and want to change, but you can't go home, you have to struggle b/c there' no going back.

I think this is the type of mentality immigrants adopt when coming to the U.S. with little to none English, everyday is a struggle but they don't let the negative forces get them down and they save for the hope of a better tomorrow for their future spoiled American children.

Now I've tried living this lifestyle but only lasted 3 weeks. Worked 9-5 than nap at Barnes and Noble parking lot for 2 hrs than worked 745-345 at 2nd job. I enjoyed waking up from that nap, and having the most vivid dreams ever.

It felt good going to sleep everyday feeling exhausted, waking up and being greeted by the cold, and for those 3 weeks I felt so alive...

Everyone has that will power to change and succeed just got believe in what your doing is best for you. Enjoy.

Cool As Ice Cream 04-24-2012 03:54 AM

sufficient enough

Eulogy 04-24-2012 09:23 AM

yes that's totally enough money if you're ok with being homeless

Trotskilicious 04-24-2012 11:04 AM

you can go to nepal if you just stay at home and smoke weed all day

Cool As Ice Cream 04-24-2012 11:20 AM

lol

cocksure 04-24-2012 05:08 PM

Quote:

Originally Posted by Scarecrow (Post 3850732)
But you can choose to make things difficult by sleeping in the the back of your car in a parking lot, think of it like like camping out. Eat at 7-11, get a gym membership solely to shower everyday, you can still do what you did in the other thread in the shower but remember its in public, brush your teeth, maybe get a workout in.

i find this strangely uplifting

cocksure 04-24-2012 05:08 PM

on the other hand, who has money for a car

Trotskilicious 04-24-2012 05:10 PM

ballerz

cocksure 04-24-2012 05:13 PM

seriously even if i was given a car, taxes and insurance would be more than i pay for the place i stay now

and i can shower there. just move in with people sean

Trotskilicious 04-24-2012 05:15 PM

you should visit 'merica one day young man

ilikeplanets 04-24-2012 06:02 PM

Do you plan to have roommates, Graveflower?


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