Is 24 old to move out of your parents house?
Posted by Committee_Simple@reddit | AskAnAmerican | View on Reddit | 7 comments
I’m a 22 year old almost 23 year old male. I make 4.2k a month before tax. 3.7k a month after. I have 16k in car and loan debt. I want to move out because I am getting older but at the same time think it’s smarter for me to get rid of debt build a savings and then move out with strength. What would you recommend for my situation. Thanks.
Lokisworkshop@reddit
Pay off the debt until you only have a few payments left. Once adebt is paid off it does things to your credit score and you need a decent score to get an apartment
Crowd-Avoider747@reddit
If you Can move out, do it! Too many adult children still living with parents
DruncleMuncle@reddit
Get out of debt. Build an emergency fund, and save up for deposits.
I spent a year living with my parents after graduating, and was well situated financially when it came time to move out.
revengeappendage@reddit
You could probably call Dave Ramsay for help on this lol
Fukuroookami@reddit
Dude there are many people in their 30s and 40s still living with their parents for various reasons, so nah you're fine.
SkurriMonster@reddit
There is no wrong way to live YOUR life. If you have goals that staying in your parents home helps you achieve DO IT. Especially if they are still welcoming and your relationship is good.
GhostOfJamesStrang@reddit
You have like 5 months of debt.