First Move is the Best
Friday, June 25th, 2010Moving into your first place is exciting. Lots of new things to experience, being away from home or the dorms for the first time is important to organize, plan, budget and savor the experience. Here are a few things to consider.
How Much Can You Spend Each Month on Rent?
This first step is the most important. The brutal reality question is–can you afford to move to your first apartment? A lot of new renters may not know exactly what paying bills involves. It includes more than rent–you need to consider your electricity, parking, transportation, cable, water, trash, telephone, HOA (homeowners association). Also, you need to look at your personal costs. Entertainment, food, gas, etc. If you need to know how much that might be, then write down everything that you currently spend on each of these. For the things you haven’t spent yet, like utilities, check out the average cost of them in your state or call your local utilities companies to get an average estimate for the size of apartment you are looking to rent.
Additional Costs
Rental Deposit
Most apartments/houses for rent require both first months’ rent and last months’ rent when you sign the lease. So even before you move-in, you’ll already need double the amount you’ll be paying each month. Also, to be safe, you should always have at least three months worth of rent and living expenses in your savings account. This protects you should any emergency arise, such as unemployment, illness, etc…
Security Deposit
This varies from building to building. Some places will require anything from $500 to an additional months’ rent. Ask before you sign the lease. Also, make sure you’re clear on what is considered damage versus day-to-day wear and tear.
Pet Deposit
If you have any pets, a pet deposit is becoming more common. These monies are in place to pay for any damage or loss of revenue to the building owner due to animals on the property. Again, ask your landlord what they consider “damage or loss of revenue” to ensure you receive the full amount when you move out.
Settle In
There are so many things you’ll need in your first home. These things may seem small and trivial, but their costs can add up quickly. Go through each room and think about the things you need on a daily basis. For the kitchen make sure you include small appliances, pantry supplies, spices (these really add up), dishes, flatware, towels, soap, dish rack, food staples, pots and pans, containers, garbage can, etc…
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One of the major relationship milestones that couples inevitably face is taking the leap into co-habitation. In order to prepare for this landmark, there are a number of considerations to make when it comes to combining the many aspects of your separate lives.
There is no getting around it: pets are like family. And only taking the best care for them will do, so make sure that you have taken precautions and prepared for their departure as well as yours to assure that their move as well as yours is smooth and painless. Check out the tips and insights into pet care while traveling:
Moving boxes seem to be everywhere. In your storage closet, all around stores and retailers, they just seem to be accessible in all places. However before you move, when you are planning to get your things packed and ready to go, you can’t seem to find a box to save your life. What is this phenomenon all about? And the better question is: where do you find the boxes once you realize that you need them?