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  1. #1
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    Default Walk me through living on your own...expenses etc

    So I'm seriously debating moving out of this house. I think it can be done as long as I get a roommate. I believe my best friend and I could make it work but I need to know what sort of things I need to include in my 'lets see if we have enough money to do this' budget.

    We would probably be looking at a townhouse or semi-type thing to rent (atleast 3 bedrooms). I assume rent would be about $850-1100/ month. We would need internet, no home phone as we both have cells. We would need cable or something along those lines.

    How much is car insurance? Right now I don't pay it (my dad does). I would be buying a used car on my own, paying in full so no car payment.

    I would be in school until April, when I would probably get a job instead of going to University.

    Help!

    Jake &Tate

  2. #2
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    this is about how it goes for us

    hosue payment
    car insurance (about $150)
    car payment (but you dont need that..)
    hydro (about $200 a month)
    cable/internet/phone/cell for us is about $250/month
    groceries ($100-$200/week)
    Credit card payments

    Thats all i can think of right now..
    XO
    Jessica

    Independant Passion Party Consultant
    Join my group on Facebook


  3. #3
    Expert Forum User The Ultimate London Mom! eversoclever's Avatar
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    Auto Insurance Coverage Calculator - you can go here to estimate your insurance

    KW Hydro - in our 3 bedroom house our last bill was $68
    Kitchener Utilities - $50 per month, I think.
    Cable/Internet ran approx. 100-130 with Rogers.
    Gas/Oil changes/budget for car repairs
    groceries/personal care
    savings
    school loans
    change of address w/Canada Post - $60
    Remember inital set-up fees might apply for utilities and cable, etc. I think KW Hydro generally requires a deposit.
    Gym membership?
    Budget for medicine if not covered by benefits?
    Clothing/gifts/entertainment/dining
    haircuts

  4. #4
    Expert Forum User Hep Alien's Avatar
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    to try and make things easier I would for sure be looking for all inclusive apts. Is harder to find in houses and townhouses though.
    Our rent, as I said includes heat/hydro / water.
    We don't have a car yet,
    Our cable/phone/inet we just upped to around 100 a month (thats basic cable, not hbo or pvr etc).
    Then groceries,
    gifts/entertainment
    emergency
    savings
    W's activities (dance, and things like kidzone etc)
    clothing (surprisingly, lol sometimes this isn't spent, its then shipped to savings)
    Last edited by Hep Alien; 10-28-2009 at 08:44 PM.

    Feet, why do I need them if I have wings to fly?
    –Frieda Kahlo (1907-1954)

  5. #5
    Expert Forum User The Ultimate London Mom!
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    don't forget Tenant insurance. esp. with winter coming
    not too mention all the 'everyday' items you need to live..

  6. #6
    Expert Forum User Hame's Avatar
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    day care...full fees for a preschooler run between 500 -650 a month.


  7. #7
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    Quote Originally Posted by Hame View Post
    day care...full fees for a preschooler run between 500 -650 a month.
    I have subsidy and that won't change for awhile.

    Jake &Tate

  8. #8
    M2M
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    I think your bst bet would be to go with an apartment. You can get very nice 3 bedroom all inclusive places for 850-950.

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    Expert Forum User The Ultimate London Mom! eversoclever's Avatar
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    life insurance! forgot that.

  10. #10
    Expert Forum User The Ultimate London Mom! eversoclever's Avatar
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    Quote Originally Posted by mom2markus View Post
    I think your bst bet would be to go with an apartment. You can get very nice 3 bedroom all inclusive places for 850-950.
    Not in KW!

  11. #11
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    Thing is, in order for her to keep her job and not have bus or buy a car - we would need to stay close to where she lives now. Plus it's the neighbourhood where Jake's daycare is and his potential school next year. There are no apartments in that general area.

    Jake &Tate

  12. #12
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    Quote Originally Posted by eversoclever View Post
    Not in KW!
    exactly. Right now her mom pays $1,050 for a semi. My sister lives down the street from her and pays $1,100 for a semi. My sister used to have an apartment 2 bedroom for $900/month, in a so-so building.

    This is the Activa area.

    Where would one look (aside from Kijiji) for an apartment/house for rent? MLS had 4, but they aren't what I'm looking for.

    Jake &Tate

  13. #13
    M2M
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    Quote Originally Posted by eversoclever View Post
    Not in KW!

    Ooops didnt know she was in KW.

    I lived in a huge 3 bedroom here in London, and it was 900 inclusive, 2 bathroom, pool, second floor. and very very close to schools. I didnt realize KW was so expensive.

  14. #14
    Expert Forum User The Ultimate London Mom! eversoclever's Avatar
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    Quote Originally Posted by JTMom View Post
    Thing is, in order for her to keep her job and not have bus or buy a car - we would need to stay close to where she lives now. Plus it's the neighbourhood where Jake's daycare is and his potential school next year. There are no apartments in that general area.
    Which neighborhood is that? If you don't mind me asking!

  15. #15
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    Quote Originally Posted by eversoclever View Post
    Which neighborhood is that? If you don't mind me asking!
    Activa

    Jake &Tate

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