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I'm not sure the exact amount, but from what I've been reading it's a good idea to caluclate what your monthly expenditures will be, and then make sure you have enough saved up to cover at least 3 months (in case of emergencies) spending without any income. In addition to this, you may want to say up enough for the initial moving costs (ie: if renting, the deposit and 1st month's rent, furniture costs etc.). I'm in the same boat now, and it takes patience, but in order to do it right, and not be squeezed for money right after, you've gotta save an adequate amount first.. good luck!
What else can I help you with?
How common is it for parents to lend money to their children to buy a house?
It is fairly common for parents to lend money to their children to buy a house, especially in situations where the children may not qualify for a traditional mortgage or need help with a down payment.
What are the benefits and drawbacks of living in your parents' house rent-free?
Living in your parents' house rent-free can provide financial stability and support, as you can save money for the future. However, it may limit your independence and personal growth, as you may rely on your parents for housing and expenses.
Did bill gates parents have lots of money?
no they did not, he was a middle class family before, but ever since he found out about Microsoft he became billionaire.
If a credit card company has a judgment on you in Tennessee can they take your home if you own it?
no,,,,,,but they can put a lien on it,,,and when you sell your house,,it has to pay the lien amount,,,before you get any money from the house.
i need money to fix my house?
i need money to fix my house
How can a 10 year old get money if there parents dont give them money for working around the house and in the house?
There are plenty of things that you can do to earn money. You can as people if they want you to walk their dogs, or do some simple things around their house. But you need to get your parents permission before you ask a stranger to clean their house or walk their dog.
How could 12 year olds get money if their parents are too high strung?
Do some extra chores around the house BEFORE they ask you to do it i hope this helps you
What happens to the money billy earns?
his parents buy a house town
Should wedding money be returned to parents if wedding is canceled?
If the parents have paid for the wedding and reception and the wedding is canceled and the bride does not have the funds to pay her parents back for the expense then unfortunately the parents are stuck with the bill. If the bride can afford it then yes, she should offer to pay it back. The parents may decide not to take the money or they may be happy to receive it. If the parents gave the bride and groom money before the wedding to put towards a honeymoon; towards a house, etc., then yes, the check or money should be given back to the parents.
What is the best way to ask your parents for money?
Ask your parents if you can clean the house, mow the lawn, or fix some thing for them to earn some money!!!!
How do i get money if i am to young to work?
Ask your parents for an allowance if you do chores around the house.
What chores can you do to earn money?
You can do as much as you can to make your parents happier. I know this a little info, but when you see the smile on your parents' faces, you will keep on moving! ;D
How common is it for parents to lend money to their children to buy a house?
It is fairly common for parents to lend money to their children to buy a house, especially in situations where the children may not qualify for a traditional mortgage or need help with a down payment.
How much should one put away when they sell their house for moving costs?
The amount of money one should put away when they sell their house for moving costs depends on how long the distance is from house to house. The average amount put away is about $15 per car, plus a moving truck if used.
How long does a house lien last on the house before it is dropped?
Until the money that is owed is paid.
What other jobs that a 10 year old can do?
Help their parents do the house work and get pocket money for it.
How can a 9 year old earn money in the house?
do some chores and receive an allowance from parents.
