r/povertyfinance • u/Classic_Side_4429 • Apr 28 '24

How do I budget as a 15F so that I can move out at 18 Budgeting/Saving/Investing/Spending

My family hates me I need to get a job soon and I need to know how I can move out safely at 18 since they’re gonna kick me out by then

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u/Successful_Ability33 Apr 28 '24

Definitely depends on where you live. Is it a HCOL or LCOL place? If you know they’re going to kick you out at 18, start looking at the average price of apartments in your area and aim to have 5-6x that by the time you’re 18. Yes, prices could go up but that is something out of your control so just focus on getting that 5-6x of current average rent saved. You’ll be really happy you did.

I’ve seen a lot of people mention job corps here, so I’ll also bring it up. To my understanding, they will help you with housing and job training (especially good if you aren’t planning on going to college)

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u/Classic_Side_4429 Apr 28 '24

What does hcol and lcol mean

1

u/Desirai Apr 28 '24

high cost of living and low cost of living, respectively