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Moving out of my parents house after graduating - any advice?

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Anything related to matters of the mind

bibbysoka

Bronze Contributor
Speedway Pass
Jul 5, 2019
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I have been living with my family for the past one year. I moved back in with them after graduating from college. I currently work with my family business making $13 an hour, and have been working full time while looking for IT jobs (my field of study).

However, after a year of saving money and living with my parents, I feel that it is time to move out and get my own apartment. After some research, I decided that Arizona seems to be the best place for me.

I have weighed out the pros and cons of moving out, and I feel that the pros outweigh the cons at this point of my life. One thing I worry about is the feeling that I'd be wasting money on rent when I could stay at home with my parents. However I keep going back and forth with myself, and I truly know I would be much, much happier living on my own, providing for myself as an adult, and in a warm state (sick of the cold).


I have been spending lots of time trying to find entry level jobs in Arizona before I move, and my plan as of now would be to rent a cheap studio/one bedroom apartment and try to find a job immediately to stay on top of rent. I know that if I can't find an IT job, I can always work a delivery job or something temporarily till I find something better.

I am wondering if any of you have any advice for someone relocating and moving into the state. I would appreciate any and all input as I take this next step - thank you guys so much for your time
 
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Johnny boy

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May 9, 2017
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I was living at home until I was 22.

I used my money to grow my business. I could have 5k in revenue and 4.5k in expenses and still live.

Live at home, start a business, send most of the money back into the business and you'll be in a great spot in a couple years.

I live on a lake now. I'm 24 years old.

Don't get a job. That's an awful idea.

And stop selling your time at your family business. Help them grow the business and get them to agree to splitting a percentage of profits.

Stay at home, help grow the business, use the cash to get your OWN business going, THEN move out. You'll be making a whole lot more money and have tons of freedom to enjoy. I waited just a little bit and now I have employees that do the work, I make good money, and have tons of time to enjoy my life.
 

alexkuzmov

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I have been living with my family for the past one year. I moved back in with them after graduating from college. I currently work with my family business making $13 an hour, and have been working full time while looking for IT jobs (my field of study).

However, after a year of saving money and living with my parents, I feel that it is time to move out and get my own apartment. After some research, I decided that Arizona seems to be the best place for me.

I have weighed out the pros and cons of moving out, and I feel that the pros outweigh the cons at this point of my life. One thing I worry about is the feeling that I'd be wasting money on rent when I could stay at home with my parents. However I keep going back and forth with myself, and I truly know I would be much, much happier living on my own, providing for myself as an adult, and in a warm state (sick of the cold).


I have been spending lots of time trying to find entry level jobs in Arizona before I move, and my plan as of now would be to rent a cheap studio/one bedroom apartment and try to find a job immediately to stay on top of rent. I know that if I can't find an IT job, I can always work a delivery job or something temporarily till I find something better.

I am wondering if any of you have any advice for someone relocating and moving into the state. I would appreciate any and all input as I take this next step - thank you guys so much for your time
Maybe this will help: Just Graduated College in IT, moved back with family but it sucks - any advice?

Also check the thread itself ;)
 

bibbysoka

Bronze Contributor
Speedway Pass
Jul 5, 2019
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110
That's my thread from December 2019. It's been over a year and now feel ready to move out.


I was living at home until I was 22.

I used my money to grow my business. I could have 5k in revenue and 4.5k in expenses and still live.

Live at home, start a business, send most of the money back into the business and you'll be in a great spot in a couple years.

I live on a lake now. I'm 24 years old.

Don't get a job. That's an awful idea.

And stop selling your time at your family business. Help them grow the business and get them to agree to splitting a percentage of profits.

Stay at home, help grow the business, use the cash to get your OWN business going, THEN move out. You'll be making a whole lot more money and have tons of freedom to enjoy. I waited just a little bit and now I have employees that do the work, I make good money, and have tons of time to enjoy my life.

I like this mindset, however after spending the past year trying to do my own thing like web design, carpet cleaning, and consulting, I have not been able to succeed yet.. I feel that getting a job will not be fun but will grant me more freedom if it means I get to move out. Plus I already have my degree, I might as well utilize it somehow and get into the IT field with it.

I would love to stay home and keep working and accumulating wealth without paying rent, but part of me wants to move out so bad, I should listen to that part of me.
 
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Johnny boy

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May 9, 2017
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That's my thread from December 2019. It's been over a year and now feel ready to move out.




I like this mindset, however after spending the past year trying to do my own thing like web design, carpet cleaning, and consulting, I have not been able to succeed yet.. I feel that getting a job will not be fun but will grant me more freedom if it means I get to move out. Plus I already have my degree, I might as well utilize it somehow and get into the IT field with it.

I would love to stay home and keep working and accumulating wealth without paying rent, but part of me wants to move out so bad, I should listen to that part of me.
well...you asked and I answered. Do as you wish. My friend lives in Arizona. It's nice.
 

The-J

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Whatever you decide, do it with a long term perspective.

Do you have a plan for how you intend to achieve your freedom? What's your 10/5/1 (10 year, 5 year, 1 year) goals?

If not, then you're not ready to move out.

Sometimes, you HAVE to leave your environment because it's such a headwind that you're unable to sustain motivation or even work.

Or maybe you're just itching for an easy way to get a taste of freedom. Not having mom and dad over your shoulder, knowing what you're up to, this can seem very attractive particularly if you've just moved back in after living away from home during college.

The only way you'll be able to know for sure is if leaving will actually make sense in your plan. If it'll hinder your goals, then don't leave!
 
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bibbysoka

Bronze Contributor
Speedway Pass
Jul 5, 2019
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110
Whatever you decide, do it with a long term perspective.

Do you have a plan for how you intend to achieve your freedom? What's your 10/5/1 (10 year, 5 year, 1 year) goals?

If not, then you're not ready to move out.

Sometimes, you HAVE to leave your environment because it's such a headwind that you're unable to sustain motivation or even work.

Or maybe you're just itching for an easy way to get a taste of freedom. Not having mom and dad over your shoulder, knowing what you're up to, this can seem very attractive particularly if you've just moved back in after living away from home during college.

The only way you'll be able to know for sure is if leaving will actually make sense in your plan. If it'll hinder your goals, then don't leave!

Thankfully my parents grant me full privacy and I love being able to spend time living with them for probably the last time in my life - but I'm almost 24 years old and feel like I'm wasting my time now as I've been living at home for over a year now post graduation. I feel like if I make the decision to move, it will force me to be more motivated. I live in a state where my hands are ice cold and pale until summer, my car is slipping and sliding on the highways whenever it snows, and just in general I feel sick of the cold. I've always wanted to move somewhere warm, it sounds like a luxury to even live in my car in a warm state at this point
 

The-J

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Thankfully my parents grant me full privacy and I love being able to spend time living with them for probably the last time in my life - but I'm almost 24 years old and feel like I'm wasting my time now as I've been living at home for over a year now post graduation. I feel like if I make the decision to move, it will force me to be more motivated. I live in a state where my hands are ice cold and pale until summer, my car is slipping and sliding on the highways whenever it snows, and just in general I feel sick of the cold. I've always wanted to move somewhere warm, it sounds like a luxury to even live in my car in a warm state at this point

A lot of "feeling" here. Nothing wrong with "feeling" the way you do. But if you had a plan you wouldn't be feeling like you're wasting your time living at home.

I know a dude who started a real estate Fastlane business from his parent's house. He got an investment banking job, pocketed almost everything he earned minus taxes and some job-related expenses like driving and such, and then used that money to get into real estate investing.

He now has some 25 properties. He didn't waste his time living at his mom's house, he used it properly.

Is the weather preventing you from being able to work? Do you feel hopeless because of the weather? Is moving to a hot weather state part of the plan? If so, then pack your shit and leave. Just don't do this without understanding how it fits into your overall vision.
 

bibbysoka

Bronze Contributor
Speedway Pass
Jul 5, 2019
77
110
A lot of "feeling" here. Nothing wrong with "feeling" the way you do. But if you had a plan you wouldn't be feeling like you're wasting your time living at home.

I know a dude who started a real estate Fastlane business from his parent's house. He got an investment banking job, pocketed almost everything he earned minus taxes and some job-related expenses like driving and such, and then used that money to get into real estate investing.

He now has some 25 properties. He didn't waste his time living at his mom's house, he used it properly.

Is the weather preventing you from being able to work? Do you feel hopeless because of the weather? Is moving to a hot weather state part of the plan? If so, then pack your shit and leave. Just don't do this without understanding how it fits into your overall vision.

I think both feeling and logic are the two best metrics for making decisions.

That's awesome that he was able to start a real estate business from nothing living at his parents house. I have been working on fastlane ideas since living with my family, just haven't succeeded yet.

While I don't want to exaggerate the bad weather, it is one factor that makes me want to leave. My long term vision is to accumulate as much wealth as I can from working jobs until I start profiting from my own ventures and creations. I watch Dave Ramsey and he suggests that everyone move out instantly, do not spend time at your parents house for longer than you need, and don't use your parents house as a crutch. My family is welcoming and wants me to stay but I resonate with that philosophy - move out, become an adult, pay bills, and start from there.
 
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Itizn

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Couple of things:

Get used to being uncomfortable, happens to nearly everyone who moves out for the first time. Don't crawl back home to your parents after your first encounter with the real world and its problems.

Some people say young people should stay home and take advantage of the free cost of living while they get their work and business off the ground. Others will counter by saying that can lead to stagnation as one would be provided with a comfort level that has yet to motivated them to succeed as much as fending for yourself. Try and determine which bucket of people you belong to before committing to your move.

As for a place to live, price is probably the main factor, but don't sacrifice cost for location. Basically try and make sure you're not moving to the worst part of town just cause its 75 dollars cheaper per month. Not ideal especially if you're going somewhere you are totally unfamiliar with.
 

Nigel B

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As a parent, happy to have one kid back after graduation and one headed out this year ...

You will NEVER have the financial freedom you do today to make mistakes. And making mistakes is good, not bad - it's how you get to success faster.

You won't get motivated by moving out - IMO - you are much more likely to get stuck. Stuck with a rent obligation, with a car payment, and bills - stuck in a job you hate - wishing you'd used your time at home better.

As others have said. Make a plan. work on it while you parents are happy to help. And move out when you can really afford it - when you have the freedom to do so.
 

Beebop27

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Jun 22, 2020
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I have been living with my family for the past one year. I moved back in with them after graduating from college. I currently work with my family business making $13 an hour, and have been working full time while looking for IT jobs (my field of study).

However, after a year of saving money and living with my parents, I feel that it is time to move out and get my own apartment. After some research, I decided that Arizona seems to be the best place for me.

I have weighed out the pros and cons of moving out, and I feel that the pros outweigh the cons at this point of my life. One thing I worry about is the feeling that I'd be wasting money on rent when I could stay at home with my parents. However I keep going back and forth with myself, and I truly know I would be much, much happier living on my own, providing for myself as an adult, and in a warm state (sick of the cold).


I have been spending lots of time trying to find entry level jobs in Arizona before I move, and my plan as of now would be to rent a cheap studio/one bedroom apartment and try to find a job immediately to stay on top of rent. I know that if I can't find an IT job, I can always work a delivery job or something temporarily till I find something better.

I am wondering if any of you have any advice for someone relocating and moving into the state. I would appreciate any and all input as I take this next step - thank you guys so much for your time
My perspective, its a win / win what ever you do.

Lets take a closer look..

Option 1: stay with parents

You can save a shit load of money which can potentially save you years in the future. Ie. you could save for both a deposit on your house and also something to put aside for a side hustle.

Living on your own does have its perks, but there are also some huge negatives too

Option 2: move out

Welcome to the real world... aka.. you are on your own now. You will be forced to learn survival skills and responsibilities which are otherwise diluted when living with parents. This is a sink or swim exercise and you will grow / mature immensely from it. Downside of course is most of your money will be spent on keeping afloat, which may spark more fire in you to start something / build a business.

Best of luck.
 
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Nigel B

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Downside of course is most of your money will be spent on keeping afloat, which may spark more fire in you to start something / build a business.
Just note, most people I know with spark have it - they don't develop it. They might not pursue the right things for a while, but the desire to build/run something of their own is there.

There is an overwhelming benefit to developing whatever it is you are going to develop from the luxury of subsidized living. And while you can choose not to learn independence at home, you can also choose to do so. Not just doing your chores, or contributing to the household through cooking the meals, helping with maintenance, etc - all of which you should. But also asking to be aware of all of the finances related to running the home - so you get a picture of the real cost of "going it alone". At 24 you may already have done all of that but there are so many costs most kids do not think about before leaving - and/or end up not paying with distasterous consequences in early independence.

And who knows, your parents might have skills which can help you build whatever you want to build.

Moving it is a solid way of putting yourself in the slow lane for an extended period compared with leveraging the advantages you have now. So many kids have no choice they have to leave young for safety reasons, for the sanity of everyone, to save their parents money, or simply because there are too many adults in a small property. You are hugely advantaged over all of those people approximately the same age who have to compete while bearing the cost of independence. Business 101 - leverage whatever advantage you have over the competition.

Go make your good luck!
 

fatelvis

PARKED
Mar 12, 2020
1
0
Pennsylvania
I have been living with my family for the past one year. I moved back in with them after graduating from college. I currently work with my family business making $13 an hour, and have been working full time while looking for IT jobs (my field of study).

However, after a year of saving money and living with my parents, I feel that it is time to move out and get my own apartment. After some research, I decided that Arizona seems to be the best place for me.

I have weighed out the pros and cons of moving out, and I feel that the pros outweigh the cons at this point of my life. One thing I worry about is the feeling that I'd be wasting money on rent when I could stay at home with my parents. However I keep going back and forth with myself, and I truly know I would be much, much happier living on my own, providing for myself as an adult, and in a warm state (sick of the cold).


I have been spending lots of time trying to find entry level jobs in Arizona before I move, and my plan as of now would be to rent a cheap studio/one bedroom apartment and try to find a job immediately to stay on top of rent. I know that if I can't find an IT job, I can always work a delivery job or something temporarily till I find something better.

I am wondering if any of you have any advice for someone relocating and moving into the state. I would appreciate any and all input as I take this next step - thank you guys so much for your time
I wouldnt go half cocked how much money do you have saved ?
have you ever been there before ?
I would at least visit get an idea of what its like there then formulate a plan
 

Stargazer

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Just for fun why don't you suggest they move out? :)

After all they are not going to have any more children so technically only need 'their' space.

You on the other hand are 'growing' and will require more space.

Dan
 
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bracknelson

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Oct 28, 2020
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One thing I worry about is the feeling that I'd be wasting money on rent when I could stay at home with my parents.
As you said, "I'd be wasting money on rent when I could stay at home with my parents". It would be the toughest thing indeed that shouldn't avoid if you have a lovely family to live with. I consider your situation you don't feel free by living with your parents but think once how much money you can save not to live alone. These kinds of mistakes you should think about and avoid after graduating, and you also need to look for the other mistakes one does while saving money.
 

Looner

New Contributor
May 2, 2022
8
3
Make sure you bank some money first - moving costs a lot more than just rent. You'll have a lot of odds and ends to pick up along the way, not to mention renting a truck or paying movers. And put some money aside for unexpected costs. This article Average Cost To Move Out of Parents' House recommends between $2,300 and $3,500 saved up before moving and I'd honestly go as far over that number as you can. I'd make sure you have a job locked down before making the move too.
 
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