What Moving to Brooklyn Cost Me

WE NO LONGER LIVE IN OUR PARENTS’ BASEMENTS.

 

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my empty room on move out day… it was sad.

 

On April 6th, 2019, we moved into our Brooklyn apartment. This wasn’t a decision we made lightly, it took us a few months of planning. 

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When Money Isn’t the Problem: Moving Out Edition

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Before we started the apartment hunting process, I was warned by many people that this would be a costly endeavor. Sure, I can handle the financial aspects of the move, I mean I have been saving for this, right? What no one told me was that there was an emotional component to it. One that could affect my mental health.

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Year in Review: 2018 Expenses

2018 was the year I took my money goals seriously – they shifted a bit but it in they end I made huge financial strides.

It was the first full year of tracking my expenses – something I started in mid-2017 – so it’ll provide major insights for every year moving forward.

This year I spent $16,361.93, funded my emergency fund with $10,000, and paid $11,017.18 towards my student loans.

Below is a breakdown of how much I spent for every category.

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The True Cost of Living in My Parents’ Basement

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love me some colorful doors

“You’re being so smart. Don’t move out until you have enough for a mortgage!”

“You’re so lucky to have parents’ that live so close.”

“Oh my, I’d have all debts paid off I lived with my parents!”

Well, most of the time I strongly agree with these statements. I mean, let’s be real, moving back in with your parents isn’t so bad when they live in the suburbs of a major metropolitan city, there’s public transportation only a few steps away, and they love and accept you.

But now that summer is officially over and traffic is back to miserable, my commute is getting the best of me. My patience is running out and I have never been more ready to GTFO. Time is money, so why am I okay justifying a two-hour commute for my savings?

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