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Moving back home to save money?

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Hi.. I don't know if this is the correct place for this thread, Apologies if it isn't. So basically back in June last year I moved into a cosy one bed flat in my local area, worked out my budget and i've been sticking to it really well, even saved some money here and there each month which has been great, even with christmas and all that.

Long story short though. It is making me miserable. I miss going home everyday to seeing my parents, I have never felt more lonely in my entire life. I've felt like this for a while but sort of just ignored it and thought well i've signed up for a 12 month tenancy so i'm stuck here sort of thing. Well that tenancy has a 6 months break clause so I can technically give notice to leave now.

The thing is, do i move back home, save more and be happier with my parents and eventually buy my own property instead of renting, or carry on where I am now feeling lonely and miserable as hell. But then once I eventually buy somewhere, who says I won't get this lonely feeling once again? I can't just keep going backwards. My parents aren't going to be around forever..

It feels like a step backwards, and its embarassing admitting this online to strangers let alone people I actually know from work and all that.

All of those who are curious, I'm 25. My parents live local to me anyway so I wouldn't need to change jobs or anything. Last year when I moved into this flat it was also sort of a fingers up to the long term boyfriend as that relationship ended.. now I just feel lonely and miserable and as if I shouldve stayed with my parents.
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Comments

  • Mnd
    Mnd Posts: 1,699 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Do you know what your parents think about this?
    No.79 save £12k in 2020. Total end May £11610
    Annual target £24000
  • Woah fast reply, and yes my mum is happy to have me back. We actually spoke about it briefly over the christmas period.
  • Annie35
    Annie35 Posts: 385 Forumite
    Fourth Anniversary 100 Posts Name Dropper Combo Breaker
    Don't be miserable. Move back home :)
  • Thank you Annie35 I guess I've got some thinking to do. My rent is due 28th of january so I'm going to need to give my months notice by then.
  • HampshireH
    HampshireH Posts: 4,955 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Go home!

    If your parents are happy to have you, you would be happier, less lonely and able to save money its win/win all round.

    Go home and be happy. Doesnt have to be forever. Sometimes buying is easier than renting because you know its yours and not temporary/unsettling.
  • You could go home, save up and then buy a place when you're say 30.

    Will you just be pushing the real problem back though? Will you find yourself feeling lonely again in the flat that you own just like you do in the one you're renting?

    Not everybody likes living alone, so I suppose you have questions to ask yourself about what your long term goals are. Do you want to buy a place and feel happy living alone in it? Do you want to buy somewhere big enough that you ca have a lodger/flatmate? Do you want to find a new partner and eventually move in with them and/or start a family?


    Will moving back in to your mum and dad's make whatever you want long term easier or harder?
  • Do what makes you happy! Life is too short to be miserable when you have a choice!
    e cineribus resurgam
    ("From the ashes I shall arise.")
  • Go home. Your still young and where are the rules to say you have to move out at a certain time?? Truth is there are no rules. As long as your parents are ok with you coming home and you do your, pay your way as a responsible adult working. I'm 33 married with 3 little ones and I moved back to my family home for 2 years to save for a deposit to buy my first home. My parents were more than happy for me to come back and actually weren't happy i was leaving when I finally bought my house following saving my deposit. They enjoyed their grandkids being near them and the company.
    Go home. Save your money.
  • Thank you for the replies. I’m feeling slightly more positive. Although I am undecided. In an ideal world I’d love to meet somebody, settle down. I almost had that with my ex as we were engaged but things went bad and it ended. Now he’s moved on with somebody else. I guess a part of me is probably jealous about that.

    However i have enjoyed having my own space since moving out but I do feel so lonely a lot of the time. Whether or not that warrants me moving back home I don’t know, surely I could join a few local clubs or something...

    It just gets me so down the fact I’m renting and I don’t own where I live. I can’t just go out and get a pet for example because I’d have to ask permission first... although I know a lot of people nowadays rent so maybe I’m just overthinking it. Argh.

    I have however drafted up a notice to quit letter for my landlord tonight just in case I decide to go through with moving back home
  • xylophone
    xylophone Posts: 45,635 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Go home and be happy.

    Some parents actually like having their adult children at home!

    When I bought my first flat when I was 27, my parents were not happy at all that I was leaving - when I went back for Sunday lunch and then got ready to return to my own place, I was always careful to say "Just going back to the flat now, Mum" rather than "Going home now, Mum"....:)
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