On the Evolution of Work Systems in the Digital Economy
Can I Afford to Move Out? [Flowchart]
As you may be starting to grow up and toying with the idea of moving out on your own, there may be some things to consider. Especially if you’ve already started stockpiling your savings for future apartment investments, you may be already working towards these. For instance, creating and setting a budget can help you get in the flow of being held responsible for bills and practice accountability.
Even though getting your first place can sound more than enticing, you may not be able to go back if things go sour. If you end up getting a lease outside of a month to month contract, you could be there anywhere from three months or longer. Needless to say, living on your own can sometimes feel overwhelming. You may be looking through Pinterest at all the beautiful apartment designs, yet if you don’t have the savings saved up, you may not be able to get exactly everything you want.
If you’ve been wanting to move out for a while, you may have already accumulated a decent savings account. To get a better sense of where you’re at working up towards this next stage of your life, follow Mint’s flowchart.
Now, if you passed the test and are ready to take things to the next level. Print out the moving checklist to ensure you and your budget are on the right track to success.
Lastly, cheers to you, your new apartment, or your savings account that’s helping you work towards this big move!