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first apartment Tag

Young man sitting in living room and budgeting for first apartment Face it: your parents, while so generous for letting you stay, aren’t exactly your ideal roommates. And your other options range from “friends who would be terrible to live with” and “random people on Craigslist that scare you a little.” When it’s finally time to cut the cord and live on your own though, you may wonder, “Can I afford to live on my own?” Check out these tips to find out how you can better prepare for solo apartment living and plan for the costs that you may have overlooked!

Young couple moving into new apartment, sitting on floor surrounded by boxes but looking excitedSpring is here and for thousands of college students across America, it means one thing… spring break. Visions of beaches, parties and a week-long celebration of their youth fill the days leading up to mid-terms. However, for some college students, spring brings to mind a harsh reality. In just a few short weeks. the ride is up and life in the real world begins. They might be spending spring break apartment hunting to get ready for what lies ahead. Very soon, it will be time for Adulting 101.

Happy young woman checking bills and budgeting for her first apartment while sitting on blue sofaThe boxes are packed, the keys are in hand, and a little voice from within seems to be whispering, “YOU’RE AN ADULT NOW!” While getting out of mom and dad’s place or even your college dorm is the first step to really being out on your own, one small factor could stop you straight in your tracks: those dolla’ dolla’ bills. Budgeting for your first apartment can be, to put it lightly, a learning experience. Because if you like to move it, move it, you’ve gotta pay it, pay it. Did you know that according to Gallup, only 32% of Americans create a monthly budget? Somehow, budgeting has taken a back burner in the lives of young people, especially. But don’t worry – we can help. Here are some expenses that you may have forgotten about, along with some smart solutions to keep them in check.

Adult son eating breakfast at his parent's house, with parents looking frustrated in the backgroundFor the first time in more than 130 years, adults ages 18-34 are more likely to be living in their parents’ home than they are to be living with a spouse or partner in their own house or apartment, reports Pew Social Trends. Are you one these folks? Check out these 8 (somewhat hilarious) signs it may be time to move out of your parent’s place and into an abode of your own. It’s easier and more affordable than you ever imagined!

New renter reviewing their apartment lease agreement with pen in handTalk about nerve wracking! Applying for an apartment and reading over the lease or rental agreement can definitely bring beads of sweat to your forehead. Lease agreements are contracts that define tenant-landlord relationships and often use confusing “legalese.” Even the simplest apartment leases can use some pretty uncommon terms and phrases. Do you really know what everything means? It may be good to double check your lease know-how before signing on the dotted line. Here are some quick and easy definitions for common lease terms to help you understand what you’re signing.