Top 20 Things a Young Person Should Know Before Moving Out on Their Own

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Moving out on your own can be exciting, and overwhelming at the same time. Before jumping into a huge commitment that can quickly turn to regret, consider these 20 things.

Create a budget and stick to it.
Definitely create a budget that accurately reflects your income and expenses. This will help you keep your spending in check and avoid getting into financial trouble. Make sure to factor in all costs associated with moving, such as rent, utilities, and food. You should also set aside some money for savings and entertainment.
Research local rental prices, and understand the costs associated with renting.
It’s important to research rental prices in the area you’re moving to, so you can make sure the rent you’re paying is fair. Make sure to factor in the costs of deposits and other fees associated with renting. Check with local police about potential crime in the area.
Know the different types of leases and what they mean for you.
Leases come in many different forms, such as month-to-month, year-long, and fixed-term. Each type of lease has different implications for you as a renter, so it’s important to understand the differences before signing a lease.
Understand the importance of renter’s insurance.
Renter’s insurance is an important part of protecting your property, as it covers your possessions in the event of a loss. Make sure to research your options and obtain the right coverage for your needs.
Establish basic household items you need to buy.
Moving out on your own means you’ll need to purchase basic household items, such as furniture and kitchen supplies. Make a list of what you need and shop around for the best deals. To save money, many new renters buy furniture, decor and household items from thrift stores to help make the space look full and cozy. When the budget allows, then replace those items that suit your style.
Know how to read utility bills and other costs associated with moving.
Before you move, make sure you understand the costs associated with internet access, cable, and utilities, such as electricity, heat and water. Learn how to read your bills and understand the different charges.
Get to know your landlord and understand the terms of your rental agreement.
It’s important to establish a good relationship with your landlord and understand the terms of your rental agreement. Make sure you know who to contact in case of an emergency or if you have questions about your lease. Your landlord could become your best friend. If money is tight, he/she may have chores that can be done to earn a few extra bucks to pay bills.
Research local transportation options so you can get around without a car.
Having a “Plan B” is critical for your ability to get around. If you don’t have a car, research local transportation options, such as public transit, bike-sharing, ride-sharing, and carpooling. This will help you get to your destinations without relying on a car.
Research the local job market and be aware of any work opportunities.
If you’re looking for a second job, make sure to research the local job market and be aware of any opportunities that may be available. Also check with local libraries for business databases to help you navigate the business and community landscape.
Create a “move-out” checklist to ensure you have all the necessary items.
Making a checklist of all the items you need will help make the move much smoother.
Know the basics of food preparation and grocery shopping.
The cost of food is constantly rising. Before you move out, learn the basics of food preparation, cooking, food preservation and grocery shopping. This will help you save money and stay healthy.
Understand the different types of bank accounts and credit cards, and know how to use them responsibly.
It’s important to understand the different types of bank accounts and credit cards available, and to use them responsibly. Make sure to research the different options and understand the fees associated with each.
Learn how to pay bills on time and manage your finances.
Paying bills on time and managing your finances are important skills to have when living on your own. Make sure to set up a budget and track your spending to stay on top of your finances.
Develop basic self-care skills and create a routine for yourself.
Living on your own can be overwhelming at times, so it’s important to develop basic self-care skills and create a routine for yourself. This will help you stay organized and stay on top of your tasks.
Know the laws of your state regarding tenant rights.
Make sure to research the laws of your state regarding tenant rights, such as the right to privacy, the right to repairs, and the right to a safe living environment.
Develop skills for managing stress and conflict.
Living on your own means you’ll need to learn how to manage stress and conflict. Make sure to develop strategies for dealing with stressful situations and know how to resolve conflicts in a peaceful manner.
Understand basic health and safety precautions.
It’s important to understand basic health and safety precautions, such as knowing how to handle a fire and understanding basic first aid.
Learn the basics of home maintenance and repairs.
Living on your own means you’ll need to learn how to handle basic home maintenance and repairs, such as changing a lightbulb or fixing a leaky faucet.
Develop a support network of friends and family.
Living on your own can be a lonely experience, so it’s important to develop a supportive network of friends and family. Make sure to stay in touch with the people you care about and reach out when you need help.
Find ways to be involved in your community.
It’s important to find ways to be involved in your community. Look for local events and volunteer opportunities to stay connected and meet new people.