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first home for 21 year old son HELP
Comments
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That's really great, I bet you're very proud of him.
I too left home at 21 and was fortunate that I bought my own flat (staff mortgage) and I completely loved it. Everyone told me I'd be back at my parents within a week - how wrong they were.
I didn't have anywhere near the spare money your son has, so I got a job at the local pub on a night (not too quiet but not too busy either). It gave me a great social life and I'd actually be making money (I just treated it like a night out and made some life long friends there).
Towards the end of the month I'd be skint so the weekly pay from the pub really came in handy.0 -
Peter i am proud. So many said it wouldnt work.
Goes to prove that you dont need a lot of money to live on your own.
He is better off than me :rotfl:
My sons said to me yesterday that it was the best thing he ever did. He loves it.
Yes i could have kept him at home but eventually they have to move on. He is saving hard for a deposit so that eventually he can buy his own place.0 -
BitterAndTwisted wrote: »Eh, when that six month fixed-term ends he's be scuttling back home. I have no doubt about that.
In any case, sharing accommodation with other people your own age is character-forming stuff.
I would say that with only a hypothetical £100 a week left over after rent, C Tax , bills and fares are paid out there won't be enough for a half-decent single life. Unless you're an antisocial home-body who never needs new clothes or wants to go on holiday.
I live alone and only have £350 a month after my bills. The Op's son is much better off than me! I'm 28, but I guess I should just 'scuttle back home' anyway?
I shared as a student and then with a partner, hell will freeze over before I do it again!
OP, just read your update, glad he's doing so well, good for him!0 -
I left home at 18, returned briefly when divorcing....... never been back since - now 39. Most people once they have freedom will not look back IMO.Light Bulb Moment - 11th Nov 2004 - Debt Free Day - 25th Mar 2011 :j0
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I live in a 3 bedroom house. I have set up all my bills which includes gas, electric, water, council tax, mobile phone, tv licence, sky digital, broadband, car insurance, home insurance, gardener and x amount set aside so I can pay for car tax annually and have a bit put by for when the MOT comes round. Into this account which I keep seperate from my spends account ( for food, petrol and everything else) I put £500 per month.
Your son brings home approximately £1000 monthly. Living by himself he should be able to cover his food bill, travelling expenses, clothes, hair cuts, entertainment and money for family birthdays etc quite easily after all his costs have been paid. They would be way lower than mine.
I am completely OCD about not leaving things on standby and turn off switches when they dont need to be on. I dont like living in hot conditions so when it is on my heating is always on low. If he has space for a freezer then he could batch cook from scratch and save himself alot of money and time per week. Having a shower uses way less water than running a bath. I use low energy lights bulbs. I do a wash when I have enough clothes for a full load. Little things like this all add up in running a home cost effectively.
I wish your son well. It is exciting setting up home on your own for the first time.The best day of your life is the one on which you decide your life is your own, no apologies or excuses. No one to lean on, rely on or blame. The gift is yours - it is an amazing journey - and you alone are responsible for the quality of it. This is the day your life really begins.0
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