If you’re a college student and moving away from home for the first time it can be a reality shock. Living with parents offers a comfort zone away from the stress of renting, bills, and cost that go along with having a space of your own. It’s important to be prepared before starting this next new and exciting phase of your life by having an understanding of the costs associated with moving.
Here are a few tips to consider when planning your move:
Besides the cost of school, housing is the most costly expense. Many times university’s offer student housing in the form of apartments or dormitories on campus. Before you decide to live on campus you might want to research the average cost that your university charges and weigh your options.
While living on campus would allow you to spend less on gas, and be within walking distance of university resources, often the price of student housing is much higher than apartments or houses off campus. Another option, if you are nervous about living alone, is finding roommates. Splitting the costs of rent and utilities between other people can greatly decrease your monthly bills.
If you’re moving far from home and you’re not planning on moving back for some time, you don’t necessarily have to look at larger living accommodations to house your belongings. You may have many belongings, but not necessarily the space to fit them. If this is the case there are many places that have storage that can be very affordable. The storage space would also be useful for dormitory students who need a place to store their belongings during the interim break of summer.
Hiring professional movers can be expensive. Research truck rental, and move your belongings yourself. Ask your friends and family if anyone would be willing to help you out. This can be a great help for your back and your bank account.
Lastly, perhaps the most important tip, save your money. Save. Save. Save. While it may seem like you have an expendable income, since meal plans are usually included in tuition and for dorms, expected expenses for extra books and supplies comes up constantly in college. Budget the money you have for necessary expenses, but try to set aside money every month for just-in-case expenses.
Living on your own is a step that requires responsible thinking and planning. While it’s great to have a social life in college, do not forget being in college often requires more adult responsibilities. Make this move to academic life a stress-free and cost-efficient venture by carefully planning the experience.