How to prepare for living alone?

Living alone is a big step in anyone's life. And for this very reason, you need to prepare well for the moment, so that there are no surprises and you can make the most of this unique moment of independence.

But how do you prepare for living alone? There are a number of issues that deserve special attention before you move in, which you can check out in this article. Read on and see what to focus on before choosing a space to call your own.

Build up an emergency reserve

Before going solo, it's important to have some money saved in case of emergencies. Ideally, this money should be stored somewhere where it's easy to withdraw if you need to make a quick withdrawal, such as a savings account or even the Treasury Direct.

Economic experts estimate that your emergency reserve should be between 6 and 12 times your salary, i.e. enough for you to be able to support yourself during this period in the event of an unexpected layoff or emergency expenses.

Plan your fixed costs

Fixed bills such as internet, electricity, TV subscriptions, health insurance, gym fees, college fees and other fixed expenses should be on your monthly spreadsheet. This is the minimum amount you spend each month and it's essential to be aware of it so that you can define the value of the place you're going to live in.

Estimate your variable expenses

Variable expenses are those that may or may not occur during the month. Dinner with friends in a restaurant, a trip to the pub or buying clothes and personal items all fall into this category. If you can foresee a maximum spend for them, you'll have more control over your money.

Choose the property you want to live in well

This is one of the most delicate steps and one that deserves attention when planning to live alone. Often, people choose places further away from the city center because of the price, but they don't have the quality of life and end up spending even more on transportation because of the daily commute to college or work.

The tip is to choose a location close to your course or work, so that getting around is quick and easy. This way, you'll have more free time on a daily basis and much more quality of life to enjoy your time off.

Prepare without haste

Before making a decision, put all the pros and cons down on paper and check whether it's really time to set off in search of the independence of living alone. This is an important decision and when made correctly, it will bring great growth and learning that will be essential for your maturing and will be a phase to remember for the rest of your life.

With organization and without haste, it is possible to prepare for living alone so that you choose a good place to live, compatible with your expenses and that brings quality of life to your days, celebrating this important moment.

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