When the Price's Perfect...

[acharlton]

I ran into some ladies on my campus today informing me of an ideally priced 1-bedroom apartment in a very well-to-do neighborhood. I mean, it's extremely reasonable and considerate of college student's "income"...but my wallet is DEFLATED. I can afford to go ahead and make a deposit, as well as pay the additional fee to hold an apartment for 30 days, but I'm nervous about the months to come.

Should one risk moving when it seems best and worry about surviving later, or try to save up more money, knowing that it'll be 2008 before money will be substantial?

I've only been trying to move since 2005 :cry:

~ACharlton

[Winter Storm]

I would not get an apartment (or consider any other kind of long-term financial obligation for that matter) unless I knew I could make future payments. Why set yourself up for failure?

Wait and save.

[weary]

I would not get an apartment (or consider any other kind of long-term financial obligation for that matter) unless I knew I could make future payments. Why set yourself up for failure?

Wait and save.

listen to the wisdom that is WS.

[acharlton]

So devote another year+ to "saving"...something I've unsuccessfully been doing for the past 2 years? How does one save when their income doesn't allow it comfortably?

I see you posted on my other thread, so you know I'm engaged. I'd like to live on my own prior to getting married. He's doing so now; and staying at home, altough beneficial to some, has not been too great for me. I have saved absolutely nothing. (had to get myself out of the debt I'd like to call "Experiencing college in Ohio")

Got some ideas on how I can increase my income? Extra hours at my job isn't an option as sells are down and they can't afford to.

~ACharlton

[SmilesSoSweet]

I say that the price isn't perfect if you can't afford it right now and in the months to come.

[Chameleon]

acharlton, where do you live right now and how much more will it cost to go to the new place? Are you going to choose living alone over reducing the amount of debt you bring into your marriage? If you are struggling now, I don't think going into something even more difficult to manage is going to bring anything other than more stress to your life.

I've heard people advise living as though you are making the new rent/mortgage payment and placing the "extra" in a savings account and seeing how you fare without dipping into your savings. With your knowledge of your budget, do you think it's feasible to pay for the new place? What is your backup plan if you can't come up with the second month's rent?

[Trillian42]

So devote another year+ to "saving"...something I've unsuccessfully been doing for the past 2 years? How does one save when their income doesn't allow it comfortably?

I see you posted on my other thread, so you know I'm engaged. I'd like to live on my own prior to getting married. He's doing so now; and staying at home, altough beneficial to some, has not been too great for me. I have saved absolutely nothing. (had to get myself out of the debt I'd like to call "Experiencing college in Ohio")

Got some ideas on how I can increase my income? Extra hours at my job isn't an option as sells are down and they can't afford to.

~ACharlton

Get a second job, even if it's waitress/salesperson/coffee maker/whatever. also, I'm not sure how quickly you have to jump to get this apartment, but try living a month or two without the money you would put into living on your own (rent, utilities, groceries, etc.) I suggest a seperate savings account for these expenses which you will not touch for anything else. If you can do that then you know you can handle it on your own, plus you will already have a month's living expenses saved.

I highly recommend living on your own for at least some part of your life before you get married. It gives you an appreciation of what you are capable of handling. :)

[Trillian42]

Also, I wanted to add, the Price is NOT Perfect if you can't afford it, no matter how low it is. Food for thought...

[Winter Storm]

So devote another year+ to "saving"...something I've unsuccessfully been doing for the past 2 years? How does one save when their income doesn't allow it comfortably?

If you can't afford to save, you shouldn't be considering moving out in my opinion.

Got some ideas on how I can increase my income? Extra hours at my job isn't an option as sells are down and they can't afford to.

Can you get another job? One that pays more? Work part-time?

[mishl982]

Also, I wanted to add, the Price is NOT Perfect if you can't afford it, no matter how low it is. Food for thought...
Totally agree.

[acharlton]

Thanxs for the truthful advice. It's agitating to hear it when you want to accomplish something so badly, but it's true nonetheless.

I'm already employed by two jobs...my schooling schedule constitutes a conflict in potential full time employment. *Shrugs* I just need to be patient. Simply put.

~ACharlton

[weary]

Thanxs for the truthful advice. It's agitating to hear it when you want to accomplish something so badly, but it's true nonetheless.

I'm already employed by two jobs...my schooling schedule constitutes a conflict in potential full time employment. *Shrugs* I just need to be patient. Simply put.

~ACharlton

as they say, patience is a virture :)

you'll be fine. keep making good, thought-out decisions!

[Winter Storm]

Thanxs for the truthful advice. It's agitating to hear it when you want to accomplish something so badly, but it's true nonetheless.

I'm already employed by two jobs...my schooling schedule constitutes a conflict in potential full time employment. *Shrugs* I just need to be patient. Simply put.

~ACharlton
I do realize that it sucks. It took me a long time to move out also (I was 26), but by the time I did, I had the money to be comfortable, so waiting did work out.

[winneythepooh7]

Also, you're a student right? Once you finish up your degree, and are working F/T someone where, probably bringing in MORE money, that is the time to worry about getting a "nicer place". Just don't do it because you "want the experience". That's not very wise at all, and you'll end up regretting it later. Where's Citygal? Maybe she can share her experience, and that was with a roommate.......