You’ve finally decided to leave the nest. After enduring many life changes and establishing your career, it’s time that you get your own space to relax and unwind. Moving out into your own home or apartment is so alluring. The thought of decorating your space to your taste is the main motivator for some. However, before you move, you should know that there are a few responsibilities you must take care of before you get the keys.
From establishing your credit to buying quality furniture, there are a few lessons to learn during this journey. To help you avoid some common mistakes young adults make, here are four things you should know before moving out of your parent’s house.
You Communicate With Your Parents
Before you move out of your parent’s home, you should communicate with them. Be prepared to share a timeline or a moving plan. How you leave a place is very important, so communicate clearly. You don’t want confusion or hurt feelings involved.
Even if your parents are excited about your new journey as an adult, they could also be sad that you’re leaving. Keep this in mind if they’re being extra sensitive or nitpicky. Communicate clearly and continuously update them on your plans.
What’s Your Budget?
It’s tempting to look at the most expensive areas to live in and reason with the amount of money they’re asking for. Honestly, rent and mortgages are at an all-time high. You must consider the price of your monthly payments alongside your internet, phone, and insurance bills. With that in mind, find an apartment, townhome, or house that won’t empty your pockets every month.
It would be best if you also considered getting renters or home insurance. It’s surprising what home insurance covers. From flying objects to the things you travel with, it’s covered!
You Need To Establish Your Credit
Before considering renting or owning a home, you must establish your credit and clean up your finances. Most brokerages and landlords will require a minimum credit score before allowing you to apply for an apartment or buy a home. Try to pay off any outstanding fees and expenses to help your credit score rise.
Buy As You Go, Not All at Once
It’s important to remember that you don’t have to buy all your furniture all at once. If you buy furniture and home décor as you go, you will curate a unique collection! This will set your home apart from others and give your home a genuine feeling that it’s truly yours. Some people make the mistake of making their homes too trendy.
Emilie St. John is a freelance journalist who appears weekly in the Los Angeles Wave newspaper and can be reached at email@example.com.