Save money at home vs move in with college friends?
Hey guys, I'm 22, graduated college in May 2021, and have about ~20k saved up since I started working post grad in NYC. I have been living at home (~65 minute commute each way from home to my job), and I have been working remotely 2 days a week, so the commute isn't horrible. I have the opportunity to move in with 3 of my college friends into NYC (all from same fraternity/I lived with them all already so no issues with roommates). I like the opportunity, but they are dead set on looking for a february lease. I want to move in with them but don't know if I'm fully ready to move out and burn through rent money/doing my own laundry/etc. The flip side is that I really don't see myself in a studio or living by myself, and I also feel I may get addicted to saving money and living at home if i don't take this offer. This may be my only opportunity to find non-random roommates for the forseeable future. What is the perfect balance of saving money and moving out? Is it worth locking an apartment down with college friends now because I'll probably get FOMO in 3 months? I will probably make somewhere between $80-$85k in my job and I believe we are looking at 4 bedrooms between $6,000 and $7,200. Any advice from people who have been in this situation would be appreciated.
Move in with friends. I did in a 4BR in NYC - best years of my life.
$1500-$1800 to live with your friends is an absolute no brainer. I lived with my parents for 7 months during COVID, saved a lot of money, but honestly wish I spent that time hopping from city to city enjoying life.
Live your life. Everyone pays rent so get used to it. Not everyone gets to live with their friends in NYC.
If you can also cut down on your commute time you will be much happier as well.
deffo move out of the house
Bro I wish I had college friends to move to NYC with. Would be an absolute fucking blast.
Definitely do it. NYC is insanely fun at your age and you'll still save a reasonable amount of money on that salary/rent
One of the best parts about college for me was living with/across the street from all your friends... I have to plan weeks in advance now to see the few friends who still do live in the same city as me. Move in with your friends and have fun.
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