You are still so young, more a kid then adult at your age. If you have the opportunity to stay with your parents in their house and save then you should do it. You should not just start saving to move out, an emergency savings, and consider opening a retirement savings, yes at your age you will be SO happy you did. This opportunity will be short lived so take advantage of it while you can. Just keep in mind there will be some draw backs, but the ability to save will greatly out weigh that. Once you move out the cost and responsibility is much greater then you realize.
You start and grow-up your life. so no habitation. Because at this time is golden moment of your life.
Stay at home and save as much as possible. It will help you in the long run. No rush to grow up. If you really feel indebted to them, pay some sort of rent, or offer to buy groceries every other shopping trip for them.
I think most parents dread having their kids move out and don't want to suffer empty-nest syndrome. They just want the best for you and clearly would rather you be living with them setting yourself up for a better future than spending money on unnecessary living arrangements... it's really up to you at this point, but there's no reason to feel guilty about it, it's what parents are for... just like when your parents are aging and need your help, that's what kids are for.
Look at it this way: if you don't properly set yourself up ahead of time with enough cash to get a good independent life started for yourself, you're going to end up back there anyway. A lot more people are staying at home a lot longer than they used to for that reason. Just set yourself up future goals so you have something you're working toward and not just "freeloading" forever. They will appreciate your initiative and do whatever they can to help you reach your goals.
You should start paying them rent. If they want to, they will put that money into a savings account for you. That way, you will be paying your own way, and they can choose what they do with the money. Many people your age still live at home, but begin making a plan to become independent.
I just turned 20 and will be a grading with my ADN in December. I have a job lined up as a RN in the ICCU I've been working at as a CNA/extern since I was 17. My employer will pay for my BSN, so I will have no debt or school in the future to pay for. My question is should I move out of my parents or save money?
I love living with them, but I'm torn if I should stay or "grow up" and get my own place. They want me to stay at home so I can save all the money I make-but I kind of feel bad.
I already pay for my phone, insurance, all that stuff so basically I'm just getting free rent and food.
Would you want your kid out? Am I being selfish for wanting to stay? What would you do? Thanks, guys.
