Lately, i've been thinking a lot about my living situation... The past few weeks I've felt more like someone who rents out a room in an apartment... then someone who has an apartment with a friend or two... It just doesn't feel like my place anymore...
I guess what i'm saying is if the girls want to resign a lease and we can find a place were my rent is 800 a month or less, I think i might re-sign a short term lease because at least I won't be living with strangers... if they don't want to short term lease it, then i'll peace out to craigslist?
I looked into the idea of getting a studio apartment... but for $50 more a month, I can have a 1 bedroom apt, 200 square feet more, get more utilities included ,and be closer to work. On the high end, this will cost me $3,400.00 on move in day.
- the 1st months rent: $1,1995
- Security Deposit: $500
- Refrigerator: (high estimate) $700.00
- Living Room Furniture: (high estimate) $1,000.00
In addition to all this, my budget, assuming i don't make anymore money then I do now, would look something like this:
- groceries $150; Home Supplies $45; gas/car maint $200; cell and utilities $100; Insurance [car+ renters] $130; Fun $50.00; Roth $100; Laundry $20; Rent $1195; gifts fund $50; EF/House DP $160
which is really do-able.. since I'll have my emergency fund set up and can start saving at least 160 towards the house dp. and i should also be making more money and with school done, i can always pick up an extra shift here and there at work....
but how long before I get to the point where all my ducks are in a line? Lets see:
If i take the $100 left over money and send it to my invisiline and keep paying $217.32 to my emergency fund I'll be ready to start saving for the ultimate move in April at the latest.
- November: --> Debt 2289 EF 3793.83
- December: --> Debt 1810 EF 4011.15
- January: --> Debt 1331 EF 4228.47
- February: --> Debt 852 EF 4445.79
- March: --> Debt 373 EF 4663.11
- April: --> Debt 0 [Extra 140 to EF] EF 5020.43!
then in May i can roll over all of those savings [479+ 217.32] amounts to moving out:
- May: Moving out Fund: 696.32
- June: Moving out Fund: 1,392.64
July 1st i need a new place to live... so lets assume i find a place for $800 a month. My budget would look like this:
- groceries $150; Home Supplies $45; gas/car maint $200; cell and utilities $100; Insurance [car+ renters] $130; Fun $50.00; Roth $100; Laundry $20; Rent $800; gifts fund $50; House DP $55; Moving out $500
- July: 1892.64
- Aug: 2392.64
- Sept: 2892.64
- Oct: 3392.64! I could move out Nov 1st 2008! and have the holidays in my new place!
Since its only 4 months, i either need a month to month deal or a 3-6 month lease.
So the race becomes getting that emergency fund to $5,000 and getting the invisiline balance to zero.
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