![]() If you commute by car, figure out how many miles you’ll drive and multiply by the price of a gallon of gas to see what a daily round trip will cost. Commute costsīased on where you live and where you need to go every day, your commute costs can change if you move. Knowing the tax rates is especially important so you’re not surprised by a lower paycheck or higher prices when you make purchases. Income and sales taxesīecause each state sets its own income tax, and sales taxes vary from city to city, it’s good to know if your new address is in a higher-taxed area. Here are a few unexpected expenses you might incur when living on your own. It’s no fun to think you’re set for the month and then watch your bank account get closer and closer to zero. Although rent is certainly not your only cost, it’s likely to be the biggest chunk of your monthly expenses.Īfter you estimate rent and other standard expenses, consider any one-time or recurring payments that might be different in your new location. As you create your budget, you’ll need to include your rent plus several other standard expenses. Many online tools can help you calculate the total cost of getting your own place. But before you get too far along in the home decorating department, do some budgeting to make sure you can still afford to eat and pay bills after making rent each month. You’ve decided: It’s time to start living on your own.Īnd once you’ve begun to imagine the solo life, it’s easy to start planning how you’ll set up your new place.
0 Comments
Leave a Reply. |