Title.
I'm currently living with my parents and want to try to move into my own place once COVID "calms down." I am looking at summertime with fall being the absolute latest. I should be able to have around $12k in my savings by the end of June. Originally, I wanted to have at least $15k to $20k in my savings, however, I'm debating if that might be "overkill." To be honest I'm 27 and I think it is time that I finally move out. I want to be able to bring a female friend over and not be an "awkward situation" or conversation.
There is a solid chance I might be able to get a place with my friend, which would dramatically bring my costs down. A 1 bedroom in my area is ranging from around $800-$1150 and a 2 bedroom is ranging from like $900-$1300. Seeing that a lot of 2 bedrooms are only around $50-$75 more than a 1 bedroom, I am leaning towards that route if I don't end up living with my friend.
About me:
Salary: $52,000 per year (Will go up to around $54,000 in the fall)
Credit Score: 804
Savings: $1,500 (I just threw a lot of money from my savings to pay off my car. I plan on adding between $1,400 to $1,600 each month. I work in education and have my paychecks "spread out" for the summer, so I will be receiving a $6,500 - $7,000 check at the end of June).
Debt:
Student Loans: $44k (I work in education and am trying for PSLF)
I appreciate any replies!
Submitted March 09, 2021 at 07:18PM by CoolEmoDude https://ift.tt/3bwc4oH
