So I’m (23M) still living with my parents in Dublin but have recently considered moving out and renting. I don’t dislike living at home but I’d just rather the freedom of my own place.
To be very honest I have not been great with my finances, though I do budget every month I always find myself going over budget and not saving anywhere near as much as I should be. I’m not sure if this makes sense, but I genuinely believe it’s largely due to the fact that I’m living at home and thus don’t have great financial responsibility. Therefore I can afford to be a bit careless with my spending (though I know I shouldn’t be).
I currently gross 35k so I’m netting about 2.4-2.5k a month. My fixed expenses are around 650 at the moment (300 being “rent” I pay my parents). I expect my salary to increase significantly at the end of this year as I’ll be exam qualified as an accountant.
So basically, I have 2 questions for anyone else that may have moved out before.
1) do you believe that moving out and living on your own helped you become more financially responsible and save more?
2) based on the limited information I’ve given, does moving out sound like a good idea?
To be very honest I have not been great with my finances, though I do budget every month I always find myself going over budget and not saving anywhere near as much as I should be. I’m not sure if this makes sense, but I genuinely believe it’s largely due to the fact that I’m living at home and thus don’t have great financial responsibility. Therefore I can afford to be a bit careless with my spending (though I know I shouldn’t be).
I currently gross 35k so I’m netting about 2.4-2.5k a month. My fixed expenses are around 650 at the moment (300 being “rent” I pay my parents). I expect my salary to increase significantly at the end of this year as I’ll be exam qualified as an accountant.
So basically, I have 2 questions for anyone else that may have moved out before.
1) do you believe that moving out and living on your own helped you become more financially responsible and save more?
2) based on the limited information I’ve given, does moving out sound like a good idea?