moving out of my parents house

Lisaharr1876

Hi viewers, I need some advice.
Long story short I am 18 I live with my parents and i just cant do it anymore! I work two jobs one brings me home minimum £700 a month the other job is about £400. With them wages I pay £350 a month car insurance £20 a month tax £10 a month phone bill £200 rent to my parents that now leaves me empty handed. I have severe lack of freedom I can only see my partner of a weekend and after my day work have to come home and do they're daily chores witch I find unfair!
I have to share a room with my sister who is also a teenager that then gives me no privacy at all .
I need my own place so I can get on with my work as well as have my own life , I have asked them to lower rent given the fact i still have to pay for my own food and only stay they're 5 nights a week and it is a foul NO!
I pay rent to "help them" and to have an easy life yet we never have anything we need and nothing I do is good for them.
Does anybody have any advice please on how I can make my situation ? I do not want to go down the temporary accommodation route as it will affect my working hours and then I will have a worse situation.
Thank you to anyone who took the time to read and reply to this post.

beckstar1975

I don't understand, that still leaves you over £400 a month once you've paid all that out?

Sadly your options are to either earn more to move out or to suck it up and accept that £50pw is a v low rent, my 19 year old at Uni is paying £170 a week room only and still has food etc costs on top of that

Albermarle

Can not comment on your relationship with your parents, but £200 a month is a LOT less than you would have to pay in a private rental/house share. 

If you are short of money I would suggest to ditch the car and use public transport. Running a car, especially with high insurance cost, is a big drain on your money.

DE_612183

£350 a month car insurance?

That's pretty steep.

Claddagh_Noir

I agree with Ablermarle.  I find that if you are paying more for the running of a car over your rent / mortgage, it does not make financial sense.  It is like owning a Bentley or Ferrari when you are homeless or paying rent. 

If you are spending £350.00 a month on car insurance alone, that equates to £4,200 per year. That would be a nice start towards the deposit for a house and if you could bear it by staying at home for as long as possible, it could be a nice little nest egg.  Are you managing to save anything at all?   If  not, you really should start.  I am not sure if personal finance is on the curriculum at school / college but it really should be! 

When you say you are 'helping your parents out' it  must be because you are now an adult so they have declared you on the electors register and have lost their child benefit for you because you have come of age?

PRAISETHESUN

It sounds like you've got a fair bit of money in the budget if I've read your post right? £1100 monthly income (£700 + £400) with ~£600 expenses, leaving approx. £500 left over. The £200 you're paying to your parents obviously won't still need to be paid when you move out. You don't say where about in the country you are, but I'd imagine a room in a comfortable house share shouldn't be out of reach with that sort of budget.

fatbelly

I agree. You are not going to be renting a whole hose but a bedsit or room in a larger house should be possible.

gwynlas

Unless you live in an area with poor transport you do not need the car so could save a lot.

£200 is not a lot of rent to pay as you are now a working adult and should contribute to the family.

Options open to you would be schemes where you live with an older person providing companionship or where you carry out child care in exchange for low rent.

ReadySteadyPop

Lisaharr1876 said:

Hi viewers, I need some advice.
Long story short I am 18 I live with my parents and i just cant do it anymore! I work two jobs one brings me home minimum £700 a month the other job is about £400. With them wages I pay £350 a month car insurance £20 a month tax £10 a month phone bill £200 rent to my parents that now leaves me empty handed. I have severe lack of freedom I can only see my partner of a weekend and after my day work have to come home and do they're daily chores witch I find unfair!
I have to share a room with my sister who is also a teenager that then gives me no privacy at all .
I need my own place so I can get on with my work as well as have my own life , I have asked them to lower rent given the fact i still have to pay for my own food and only stay they're 5 nights a week and it is a foul NO!
I pay rent to "help them" and to have an easy life yet we never have anything we need and nothing I do is good for them.
Does anybody have any advice please on how I can make my situation ? I do not want to go down the temporary accommodation route as it will affect my working hours and then I will have a worse situation.
Thank you to anyone who took the time to read and reply to this post.

 How much a month for car insurance?

Auti

Your parents won’t be making money out of you which is maybe a thought you have - it is not a free £200 per month they are getting. They no longer get child benefit (approx£105 per month) then if they get housing benefit plus other benefits I think there is non dependent deduction of approx £70 month). Then there is extra gas/electric/water you use - think washing machine, shower, cooking, washing up, heating, lighting, hair straightener and the list goes on.. Then of course there is the wear and tear on the appliances that would not be being used as much if you were not there - also on actual house . Once you have a think £200 is maybe just covering costs and at least you have a roof over your head even if it is an overcrowded house (sharing bedroom).

Being an adult is expensive unfortunately so maybe have a sit down and work out a budget of what in a necessity and what is a nicety and go from there.

ReadySteadyPop

Living at your parents for £200 a month is a once in a lifetime golden opportunity to start a savings/investment habit, and build up some decent funds, you won`t get that opportunity at the same level in the world of market rent/mortgage debt unless you are a high earner.