Is it financially irresponsible to start paying $1000 rent instead of moving back home with parents?
Submitted by jnn-11000 t3_ylkahj in personalfinance
Hi everyone,
I’m currently 23, and living in my cousin’s townhome rent free. He let me live there for the past 6 months bc his gf is a travel nurse and he tags along with her, and Ive been loving it. This is my first time living this long away from my parents, bc in college I went to a commuter school.
However in December he will be moving back, and he asked that I could live with him but move into the guest room and start paying rent. I’ve been considering it, bc back when I live at home my mental health declined a lot, and also I don’t have as much independence or freedom.
My question is, do you guys think it’s worth it/financially makes sense? He said it’d be under $1000 including utilities, but the guest room is much smaller than the master that I’m currently living in. My room at home is much bigger and home is only 15 mins away. Also, I make about $66k a year as my first job out of college. What would you guys do? Is it worth?
I just hate living with my parents, I love them and they do give me freedom but they still restrict me even as a 23 year old with a full time job. Also, bringing friends over and drinking/smoking isn’t possible at my parents house, or the guy I’m currently seeing. I just need some outside opinions? Does it financially make some sense especially in these bad economic times? Or is it financially irresponsible? I’ve considered finding a cheaper place but I’d prefer to live with people I know