Growing Up and Moving Out

What are some of the things that a young adult should know when it is time to move out of the house? If they are renting an apartment they should know that there will be utility bills to keep the water, lights and heat on. If they do not know what it will run them on a monthly basis then they can call the utility company to see what the average monthly charge was for the year for the last renter. They should know that there is rent to be paid, this is obvious, but what is not obvious is the late charge that the rent will accumulate if it is late. They should know the date the rent is due and the grace period they have before a late charge is assessed on their bill. They should know when to put out the trash for collection.
This is important since they do not want to keep the rubbish in the house and wait until it collects bugs. Then they will have to hire an exterminator. If they have to purchase furniture, then they should know what the monthly payment will be even if they get a promotional deal that says no interest for a year. If they are not careful they will acquire late charges and interest charges. Car insurance, if they have a vehicle then they should go online and research free auto insurance quotes to purchase an auto insurance policy. They may think that they are still covered under the previous policy they had at their parent’s home.
Buying food, they will have to learn how to budget their money. In the past, if they wanted something they probably went to mom and asked for a few bucks and got what they needed. The most important thing is another adult to talk to and to make sure that they know these things. We know what to do when we move some place and what to pay and plan on for money. We have been there but the first time it happened we were not aware of all these things and found out the hard way. When you have a child moving out of the house go over these things as soon as they are talking about moving out.
The first thing you can help them with is to search online for auto insurance quotes so they will see some of the companies return their quotes and know that there is a choice to make. Remind them that when they leave that maintaining and keeping current auto insurance will be their responsibility. Growing up, having an apartment, owning an automobile and paying for car insurance are responsibilities that we become use to doing.

Leave a Comment