Should I move out? 40K per year.

[EllusioN]

1300 a month for a 1 br apartment? I pay significantly less for a 3 bedroom, 2.5 bath house with a 15 year mortgage

apartment is near DC thats why.......location location location

[FatWhiteKid]

$1,300 to RENT? If you're spending over 1 grand a month, you better be paying to own it.

[Harganoff]

hell no don't move out unless you find a roommate brah. thats too much money to spend on rent alone when you're making 40k

[FlexLex]

16 months in a year?

Its a leap year brah come on

[EllusioN]

save for a house, its what im doing now..dont buy an apt and throw ur money away,invest it into something atleast

brahhhhh I dont need a house strong wtf im 22 with no GF or Kids.

[Trapstar4.4]

FML.....about to post ad on ********/craiglist.................Looking for Clean Female Roommate........(srs)..............

here ya go brah

1) roommates.com
2) get a female roommate
3) babynames.com
4) ???
5) profit (she will)(lawlz)

[Source7769]

rough math says you "should" spend 33% on your house/apt

40K is 1,111 a month

If the rent is 1,300 you're in trouble........

WTF u talking bout I make 62 with 3 kids in nj my rents 1600 plus heat and pay for 2cars he can easily afford it

[Haterade~]

this thread pisses me off so much. I cant believe how absurdly cheap it is to rent a place in VA compared to the CA bay area.

feels, fukin awful, man.

Srsly, paying $1250 for a 1BR where I'm at and it's nothing spectacular...

I'd do it OP if you want to move out, possibly find some place a bit cheaper if you can, but honestly I'd much rather pay $1300 for some place I like than say $1100 for some place that I'm not going to be satisfied with....

[Eric-B]

OP I make about the same and pay 1.1k for rent and it's comfortable, but not saving as much as I would like...even with g/f helping with groceries and such.

Depends if you're getting help with other expenses,Fill this out...

Rent - 1300
Car Insurance - ?
Car Payment - ?
Food - ?
Cable - ?
Electric - ?
Cell Phone - ?
Other - ? If you work in an office you'll probably be buying lunch more than you think. +whatever you like to do on the weekends

[Hickson517]

OP I make about the same and pay 1.1k for rent and it's comfortable, but not saving as much as I would like...even with g/f helping with groceries and such.

Depends if you're getting help with other expenses,Fill this out...

Rent - 1300
Car Insurance - ?
Car Payment - ?
Food - ?
Cable - ?
Electric - ?
Cell Phone - ?
Other - ? If you work in an office you'll probably be buying lunch more than you think. +whatever you like to do on the weekends

amen

[bottlez]

the rule is 33%, but there are exceptions. nova is one of them.

OP, if i were you, i'd look around some chantilly spots, the ones on the border of fairfax. they should be cheaper. do you work in dc?

^expenses post, don't forget gas or metro. tha t**** adds up.

[Trapstar4.4]

OP I make about the same and pay 1.1k for rent and it's comfortable, but not saving as much as I would like...even with g/f helping with groceries and such.

Depends if you're getting help with other expenses,Fill this out...

Rent - 1300
Car Insurance - ?
Car Payment - ?
Food - ?
Cable - ?
Electric - ?
Cell Phone - ?
Other - ? If you work in an office you'll probably be buying lunch more than you think. +whatever you like to do on the weekends

yep gotta do the math
and use conservative figures.

OP make sure you can have as much disposable income as possible though. youre going to feel like sh*t when you see most of your income going into the apt like that.

that price is going to eat one full pay check and probably a few hundred more on the second one. I definitely would try to figure something else out

[MareeWanna]

You're already 22, and your parents are perfectly fine with supporting you. Just stay an extra 1-2 years and save your money on a down payment for a House

[EllusioN]

here ya go brah

1) roommates.com
2) get a female roommate
3) babynames.com
4) ???
5) profit (she will)(lawlz)

OP I make about the same and pay 1.1k for rent and it's comfortable, but not saving as much as I would like...even with g/f helping with groceries and such.

Depends if you're getting help with other expenses,Fill this out...

Rent - 1300
Car Insurance - ?
Car Payment - ?
Food - ?
Cable - ?
Electric - ?
Cell Phone - ?
Other - ? If you work in an office you'll probably be buying lunch more than you think. +whatever you like to do on the weekends

http://www.roommates.com/search.rs?p...de=VA&x=51&y=8

Rent - 1300
Car Insurance -None- Mom is paying =D
Car Payment -None , owned
Food - $80 x 52 = $4160 a year
Cable - free with apartment
Electric - free with apartment
Cell Phone - Free until March
Other - Not sure yet, supplements will be around $500 a year

[irishbarry]

brahhhhh I dont need a house strong wtf im 22 with no GF or Kids.

dude ur an idiot, ive got 5-6 friends, all 20-25 with houses,
ur going to be paying just as much for an apartment per a month than u will with a house..

buy a house
get a roomate or two, charge $600 per month each
profitt??

trust me.dont be an idiot

[FatWhiteKid]

brahhhhh I dont need a house strong wtf im 22 with no GF or Kids.

What you want to live like a baller in your $1,300 mo apartment until you're 25 and realize you've been paying all this money for NOTHING? I'd rather be paying for a house, and if you're living with your parents make $40k a year I'd hope you have some nice savings to throw down a solid down payment.

[GabrielNovar]

utilities will kill ya brah!!

Save up or go in 50/50 with a friendski

[Zyzzle]

What is your reasoning for moving out?

-Is it to bring chicks back to your place to nail?
-Is it to get closer to work?
-Is it because people make fun of you for living at home?

PROS
-There are advantages regarding picking up chicks. Normally, I'll just offer to have them come over to watch a movie.... If they accept, that pretty much solidifies the fact that they will be nailed. You may not be able to do this at your parents place.

-Short commute is always a plus, especially 40 minutes. However, you do get used to commuting and I would only consider it an issue if it is significant. In your case its a pretty big time savings. = extra sleeping time in the morning

CONS
-Roommates SUCKKKKKK!!! I would never live with a roommate. It doesn't matter how good of a person they are... they will annoy the sh*t out of you with their habits. They will come home late and wake you up, they will disturb you in ways you wouldn't believe.

-You have to cook & clean for yourself. Mommy isn't gonna get you groceries or clean your place. You have to pretty much fend for yourself, which takes time and effort Unless you can get a maid/GF with big tats... which I would suggest.

OTHER
-If you are moving because friends are making fun of you... then THEY are baboons. If you live at home you will have an extra $1300/mnth. This is HUGE. Don't listen to those idiots

[muddyrover]

www.craigslist.com

get a roomate

are you on the metro? Gotta factor in going to bars and shat

40k in dc isn't enough to live on your on.

Unless your statement, "not any other bills" is true.

[shellski]

What is the income tax % for yourself?

[Trapstar4.4]

dude ur an idiot, ive got 5-6 friends, all 20-25 with houses,
ur going to be paying just as much for an apartment per a month than u will with a house..

buy a house
get a roomate or two, charge $600 per month each
profitt??

trust me.dont be an idiot

yeah OP youre at a huge advantage that you have been able to work a 40k job while living at your parents house. try to be smart and use that for what it is. surely you have good capital saved as it is

i see that you dont have many expenses, but im going to assume you make about 2200/mo after taxes (not sure)
if that is true, you only have $900 left for living expenses + parties/nightlife.
sure, you can pull it off, but thats not really how your more savvy people of personal finance think

[NRAFL]

why not u dumb?

1300
2600
3900
5200

x 4

22,change a year for rent

On a serious note: 1300 a month could go along way if you save it while staying at home. Staying with your parents for another year wouldn't be a bad idea.

[Aberg90]

you should not move. You should stay and save your money

[tk217]

Living with parents, making 40K before taxes (50 mins away from work)

would you move to a $1300/month apartment (8 mins away from work)

http://www.fairfaxsquareapt.com/Fair...loorplans.aspx

http://www.avaloncommunities.com/ava...or.asp?comm=52

40k After taxes as single is like 30k.

1300x 12 = 12,000 + 3600 = 15,600.

Half your money = Rent.

Why not live with your parents for 2 years and with that 40K you save up consider it.

[xKyle10]

no, swallow your pride and save money for a few years

[asylumz]

keep saving for 1-2 years until you can buy a house

[PurpleDrankNJ]

Why not save another couple years and make a down payment on a home.

[8nd]

I always lol when people say don't rent, just buy a house!

Yeah, like most early 20-something year olds have 50-100 grand laying around for a down payment. Try getting mortgage now adays without a quater up front.

Anyway, OP, strong cmon now to this:

Rent - 1300
Car Insurance -None- Mom is paying =D
Car Payment -None , owned
Food - $80 x 52 = $4160 a year
Cable - free with apartment
Electric - free with apartment
Cell Phone - Free until March
Other - Not sure yet, supplements will be around $500 a year

That is absolutely best case scenario. You're looking at 20,000+ a year just on the basics. You haven't been exposed to the real world. When you're only making 40,000, it's tough to live like that.

[gouscfootball]

why not u dumb?

1300
2600
3900
5200

x 4

22,change a year for rent

Strong math I wasnt aware there were 16 months in a year

[Element1]

about to be in same boat as OP if I land this new job... Only making like 28k now (only have about 4k saved in bank living at home and working 8 months, but pretty much debt free besides car payments), will make at least 40k if get this new job. It would feel weird moving into a house alone. Gonna try and find a cheap 1 bedroom apt for a while or get one with roomies if possible (currently none of my friends can move out or already have a place).

1300 sounds like way too much tho