Moving out for the first time is a thrilling milestone. It is your chance to create your own space, embrace independence, and start a new chapter in your life. But let’s be honest – it is also a bit intimidating.
Where do you start? What needs to be done? Here is everything you need to know to make the big leap with confidence and ease.
Start With a Steady Job
The first step to moving out is securing a reliable source of income. A steady job gives you financial stability and peace of mind. Before you pack a single box, make sure you are earning enough to cover rent, utilities, groceries, and those little extras like streaming services or weekend takeout.
Not sure what “enough” looks like? Sit down and create a budget. Yes, the boring-but-essential tool that ensures you don’t overspend.
When you apply for an apartment, they will want to see proof of income. If your paycheck feels a little slim, consider picking up a side hustle or gig work to pad your wallet. The more secure you are financially, the smoother your move will be.
Streamline Your Finances Before Moving Out
Before you move out, get your finances in order. This means opening a savings account if you haven’t already done so. Aim to save at least three months’ worth of expenses as a safety net. Emergencies happen – be it a broken laptop or an unexpected car repair. Having that cushion will keep stress at bay.
Next, track your spending. Knowing where your money goes will help you cut unnecessary expenses. For example, cancel that gym membership you never use and swap pricey coffee runs for home-brewed cups.
Remember, small changes now can make a big difference later. They will give you more freedom when you are out on your own.
Get a Credit Card (and Use It Wisely)
Credit might seem scary, but it is a crucial part of moving out successfully. Having good credit opens doors to renting better apartments, qualifying for loans, and even landing certain jobs. Start by applying for a beginner-friendly credit card with a low limit. Use it for small purchases, like gas or groceries, and pay off the balance in full each month.
Building credit takes time, so don’t wait until the last minute. The goal is to show lenders that you are responsible when it comes to money.
Find Your Ideal Place to Live
Picking the right place to live is one of the most exciting parts of moving out. Start by deciding what matters most to you. Is it a short commute? A vibrant neighborhood? Cheap rent? Make a list of your must-haves and stick to it. Then, begin your search on trusted rental platforms or through local real estate agents.
Ask about utilities and security deposits. And remember, if it seems too good to be true, it probably is. Taking your time to find the perfect spot will save you headaches – and money – in the long run.
Update Your Driver’s License
It is easy to overlook, but updating your driver’s license is a must when moving out. Once you have landed your new address, head to your local DMV to update your information. In most states, you will need to do this within 30 days of your move. Failing to update your license could lead to fines or issues down the road.
While you are at it, change your address on voter registration, bank accounts, and subscription services.