How Much Money to Save for Your First Apartment

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  • Опубліковано 24 січ 2025

КОМЕНТАРІ • 168

  • @nyccouponer
    @nyccouponer 4 роки тому +592

    Once I turned 18 in 2009 my sister and I opened a savings account to move out. We were VERY serious about moving(toxic household). In May 2018 we finally moved out (kicking and screaming 🙄). At signing we had $25K. Lmao. Nothing motivates saving a ton of money like a toxic upbringing 🥴🥴🥴

    • @ItsShanonMaglente
      @ItsShanonMaglente  4 роки тому +71

      Ok $25k at 18 is impressive!!! I hate that it had to be bc of a rough situation but I feel that. And you’re right, i kept telling myself I was saving up for my new “freedom” lol

    • @austinharnish9159
      @austinharnish9159 3 роки тому +22

      @Sae woodall Better than moving out broke and having to come back or never getting out at all.

    • @lazy_panda8771
      @lazy_panda8771 3 роки тому +10

      That's true, my parents r not toxic but somehow I'm stuck with relatives which are throwing fit for 3rd time. Literally lectured me y i shouldn't move out for 45 mins(1st time). And now telling their kids to convince me to stay. Idk y... but I'm going 😒😒

    • @lilxhapo8366
      @lilxhapo8366 2 роки тому +1

      Same I’m going through it rn with my fam just opened a bank account it’s Finna be lit soon got the mamba mentality

    • @fantasticfaith1106
      @fantasticfaith1106 2 роки тому

      Did living with your sister work out well? I’m In a similar situation

  • @ItsShanonMaglente
    @ItsShanonMaglente  4 роки тому +184

    If you want more specifics on numbers and how much I actually spend per month, give this comment a thumbs up!

    • @kuuipokala8784
      @kuuipokala8784 4 роки тому +4

      Make a video please and do an apartment tour !!!!!! Please

    • @ItsShanonMaglente
      @ItsShanonMaglente  4 роки тому +1

      @@kuuipokala8784 thanks girl! I actually have two tours up. Please check em out ☺️

    • @kuuipokala8784
      @kuuipokala8784 4 роки тому

      @@ItsShanonMaglente I did and I’m a new subbie 🤗

    • @ItsShanonMaglente
      @ItsShanonMaglente  4 роки тому

      @@kuuipokala8784 omg welcome! And thank you so much 🥰

    • @praciousjohnson9076
      @praciousjohnson9076 4 роки тому +1

      Yesss! I’d love that. I’m currently saving and just “window” searching apartments. It’s hard to do a estimate on utilities when you literally don’t know.

  • @Ali-ek1gl
    @Ali-ek1gl 3 роки тому +103

    So so helpful! I’m 18 Planning on moving out by the end of next year or the beginning of 2023. Definitely taking advantage of living with my parents while studying. I will definitely take this all into consideration!

  • @Rainjojo
    @Rainjojo 2 роки тому +85

    I’m 18 and planning to save up to 30k so that I can move out by the time I’m 20. I’m tired of being around my toxic members and feel as though they drained enough life out of me before it even started. This is what’s best for me because I’ll be in control of my diet, and where I’m at. I’m a homebody but don’t enjoy being in the house 24/7. I’ve barely been to malls and don’t do many activities as I’m at a disadvantage for now, but soon I hope to do even the littlest things I’ve wanted in life- like going to the park or skating rink :)

    • @jessicamanzano4920
      @jessicamanzano4920 Рік тому +1

      best of luck to u❤️❤️❤️

    • @andrewgutierrez3009
      @andrewgutierrez3009 Рік тому +6

      30k saved in 2 years is insane lmao but I hope you make it

    • @CinemaDoll137
      @CinemaDoll137 2 місяці тому +1

      That may not be possible but I hope it was for you since it’s now been two years.

  • @TristynRodriguez
    @TristynRodriguez 4 роки тому +126

    i want to move out hopefully by the end of the year or at least by the next! definitely gonna be applying this

  • @jeremybull3735
    @jeremybull3735 3 роки тому +126

    I taught my kids about personal finance at a very young age, Both 14 & 15 now respectively and are making above $2k passively. If the younger generation can take their mind off the social media the can learn to make more money and earn freedom!

    • @thomasoliver555
      @thomasoliver555 3 роки тому +7

      Very true my friend! Personal finance should be taught in schools that will help a lot

    • @jakobmeyer191
      @jakobmeyer191 3 роки тому +7

      Hello sir,
      I'm 21 still trying to find my life right now, can you please share a little tips to help someone starting out

    • @jeremybull3735
      @jeremybull3735 3 роки тому +16

      @@jakobmeyer191 Here's a way
      1. Focus on your career
      2. Learn a skill and start a side hustle (it can be passion driven)
      3. Learn to save
      4. Invest (its a proven way to get richer)

    • @thomasoliver555
      @thomasoliver555 3 роки тому +5

      Invest! that's is so much important, I will advice everyone to start as soon as possible

    • @jakobmeyer191
      @jakobmeyer191 3 роки тому +2

      Speaking about investment, can I grow an extra income stream from investing?

  • @rocknrallsoul94rockero4
    @rocknrallsoul94rockero4 Рік тому +10

    Well i just reached 20k and found a place 790 a month I almost feel like I'm ready

  • @emilyh.3071
    @emilyh.3071 4 роки тому +14

    This was very helpful, thanks! Out of all the studio apartment tours I've seen, yours is my favorite!

  • @briellegard6983
    @briellegard6983 3 роки тому +25

    Do most landlords not require security deposit, first and last months rent? Isn't this why you would likely want to have at least three times the rent prior to moving in so you can afford the rent. Granted, you'd already have paid the security deposit because it is kinda like a downpayment, so the landlord knows you're going to be renting this place out. So now you have the remaining 1K for other things you forgot you needed, such as she listed in the video.

  • @lilxhapo8366
    @lilxhapo8366 2 роки тому +5

    This just boosted everything for me gotta get busy with my own space my mom toxic always arguing with me a cause I’m the oldest ig but I’m 18 and got a job but leaving soon it’s too much and my lil brother act on and off like he just weird asl for some reason ion wanna fight with my siblings nomore it was bad beating them up felt bad they always talk reckless go the oldest and ik my strength they don’t have even how old they turn I will always be the strongest cause I workout more and they just taller lol , but the household is just too much now when your mom tell you she don’t want you here and call you a bitch it’s real , she hate me cause i look like my dad and he left her with 3 kids so I don’t know why she take it out on me just me , but im not scared always tell her when she not right no matter what but my bothers don’t even tell me wassup when I come home never talk to me on a regular so I feel like really I’m not welcomed things changed over the years but start to be my brothers don’t really talk to them and it’s like every lil thing I say it’s faces been made like ion wanna act up so I do best and walk away 💯 but gotta move out soon #mambamentality

  • @anna_domi92
    @anna_domi92 4 роки тому +10

    This helps so much because I want to move out too! Thanks for sharing!

  • @israelflores811
    @israelflores811 Рік тому

    I’m glad there is a process I can follow and not random chaos . I’m very happy with my current progress now ❤

  • @joseanimates1269
    @joseanimates1269 2 роки тому +8

    That's wild. I only paid $600 for deposit to move in to a 3 bedroom house. monthly is $300 per month but I live in Puerto Rico.

  • @farrahali4751
    @farrahali4751 4 роки тому +7

    this was super helpful thank you! your hair looks amazing btw

  • @ToniaNicole
    @ToniaNicole 3 роки тому +4

    Great video and ppl also for get they need food for the house seasoning/groceries ,pots, towels, detergent, you may need a house phone all that Ik I’m thinking about all that for sure bc like you said you don’t want to put your self in a loop that’s defeating the purpose of moving out

  • @lesleynycol
    @lesleynycol 3 роки тому +23

    I’m 17 turning 18 next month and hopefully plan to move out by September or October, any more tips I should know ?

    • @ItsShanonMaglente
      @ItsShanonMaglente  3 роки тому +3

      Congrats! Hmm, check to see if you have to pay for trash/recycling, if you have a car, check if there’s a fee/ if parking is competitive

  • @jan8135
    @jan8135 4 роки тому +6

    I cant tell you how helpful this is!!

  • @rebornjoker359
    @rebornjoker359 3 роки тому +7

    Idk if I should save up for a car or for my first apartment. Idk if I should move out to an apartment in my city, or to another city/state

    • @Usernpclookinahh
      @Usernpclookinahh 3 роки тому +10

      I’d say save up for a car first then get your apartment, that’ll be less stressful knowing if you didn’t get your apartment and needed a place to stay you could probably live out in your car, IF you need to leave your environment ASAP ! I did this and honestly I don’t regret anything 🥰

  • @ashleylaney3687
    @ashleylaney3687 2 роки тому +2

    I’m moving out in 4-5 months and I don’t have any money for it!! 😬 I’m trying to take out $100 in cash each paycheck for gas until my next paycheck and my mom takes out $300 every other paycheck for my car payment. I hope this helps me save more.

  • @ravenh8293
    @ravenh8293 3 роки тому +9

    I wish I could stay home but my mom is soooo toxic :((

  • @mikeeswizzle2272
    @mikeeswizzle2272 4 роки тому +11

    I love your Amazon finds videos! Also, maybe one day apartment tour 😊💝✨

  • @nhungcauchuyenkhongloi61
    @nhungcauchuyenkhongloi61 2 роки тому +7

    First thing first to move out successfully is to get A JOB with stable salary monthly.

  • @lyrise1642
    @lyrise1642 2 роки тому +2

    my sis is moving out for college before i can even move out. she’s 18 and im 20

  • @officialkonscious8102
    @officialkonscious8102 3 роки тому +4

    How do you turn on utilities? I’m looking for my first apartment now I have no idea how utilities work lol somebody help me.🙄

    • @ItsShanonMaglente
      @ItsShanonMaglente  3 роки тому +1

      I’m not too sure what you mean! But my light and gas were on and working as soon as I moved in :)

    • @officialkonscious8102
      @officialkonscious8102 3 роки тому

      @@ItsShanonMaglente I mean how do you set them up in your name? and when should you have them turned on before you move in or after? Sorry for all the questions lol.

    • @ItsShanonMaglente
      @ItsShanonMaglente  3 роки тому

      @@officialkonscious8102 water was set up for me as it’s included in my rent, but I had to contact PSEG for gas. This might help! www.moving.com/tips/how-to-set-up-utilities-in-your-new-home/

  • @shamarjones5220
    @shamarjones5220 3 роки тому +5

    So how much in all would I have to save up or us together? Wanting to move out this year with my partner🙌🏽

    • @rebornjoker359
      @rebornjoker359 3 роки тому +2

      I've read that you should have saved up at least 3-6 months worth of rent+other expenses. Plus you should make like two-three times the amount of the rent. As said in the video

  • @jacobgrammer2022
    @jacobgrammer2022 2 роки тому +1

    Thank you for this amazing video

  • @hilarybrian8106
    @hilarybrian8106 3 роки тому +13

    Retiring at any age can be challenging. Still, they're certain steps to take when approaching retirement age. I was convinced by my late husband to seek a financial expert which I did, just recently acquired a 3 bedroom apt in Toronto for $650,460

    • @silviaerling382
      @silviaerling382 3 роки тому

      sorry for your lost, if you don't mind can you tell me the name of your financial expert and how does he help you earn money

    • @hilarybrian8106
      @hilarybrian8106 3 роки тому

      @@silviaerling382 I'm good ok, my financial expert's name is Robert Johnson, he's a life saver, I was at a point not losing my mind because of the depression of owing alot debt, but then I did as he ask and now I'm making $8000 on average a week.

    • @hilarybrian8106
      @hilarybrian8106 3 роки тому

      He's a finance philanthropist trader because he helps people trade and earn more not to make money but to better lives.

    • @wheelerjohnson6702
      @wheelerjohnson6702 3 роки тому

      @@hilarybrian8106 I think I'm grabbing this, can I get your financial expert on whats✔️app??

    • @hilarybrian8106
      @hilarybrian8106 3 роки тому

      @@wheelerjohnson6702 yeah
      *+1 (3 4 7)- 6 7 6 2 9 6 5.*

  • @Cybercredible
    @Cybercredible 2 роки тому +2

    I got biweekly stubs from Cyber Credible showing I make 3x the rent

  • @abigailsanchez3815
    @abigailsanchez3815 3 роки тому +2

    How often would you send money to the savings account before moving?

    • @ItsShanonMaglente
      @ItsShanonMaglente  3 роки тому +2

      I would send money every paycheck, so about every two weeks!

  • @hannahclaire2683
    @hannahclaire2683 4 роки тому +4

    Could you please make a video about budgeting? 😊

  • @alexaanne
    @alexaanne 4 роки тому +5

    love this!! def helpful even though i am not making money rn lol

  • @TonganzzohyayuzZ
    @TonganzzohyayuzZ 2 роки тому

    Great video! Thank you so much wesochic!

  • @marbledfashion9616
    @marbledfashion9616 3 роки тому +3

    i want to save AT least 5k and move out right after i turn 18.

  • @kimmyfromtheblock8
    @kimmyfromtheblock8 2 роки тому +1

    Can I ask, what city do you live in? I’m planning on moving out soon. But LA is crrrrazy

    • @ItsShanonMaglente
      @ItsShanonMaglente  2 роки тому

      I live in northern nj! I have to say that my rate is much better than some of my friends’, partly because I’m a little further from NYC and also I might have snagged a good deal during COVID

  • @rootforce2013
    @rootforce2013 2 роки тому

    I agree with everyone else this is helpful thanks

  • @katiasession9029
    @katiasession9029 2 роки тому

    yes so helpful thank you

  • @itsyaboimat2393
    @itsyaboimat2393 3 роки тому +6

    Stupid question I'm 26 and finally hopefully going to be moving out of my parents house as I'm of the age where I need to be an adult should I have my girlfriend come live with me or should I move in by myself? I should say I'm on SSI due to Disability will that screw me from getting an apartment I've looked everywhere and found squat as to what the answer is

    • @ItsShanonMaglente
      @ItsShanonMaglente  3 роки тому +2

      Hi, thanks for your question and congrats! Moving in with your significant other is a huge step, and an incredibly important discussion to have between the two of you. It depends on whether or not you’re (both) ready for that next step

  • @toyag638
    @toyag638 3 роки тому +1

    Thanks for sharing

  • @rocknrallsoul94rockero4
    @rocknrallsoul94rockero4 3 роки тому +4

    I have around 6 grand and I found an apartment studio for 750 a month including utilities is that enough for me yet or should I save more

    • @ItsShanonMaglente
      @ItsShanonMaglente  3 роки тому +3

      It depends on your lifestyle and spending habits, but I’d say you’re about all set!

    • @rocknrallsoul94rockero4
      @rocknrallsoul94rockero4 3 роки тому

      @@ItsShanonMaglente i have been buying things I need life clothes (I basically only wear band shirts)

  • @VI2AXIV
    @VI2AXIV 3 роки тому

    And I’m guessing that’s 3,000 after the deposit fee and first month or second months rent

    • @ItsShanonMaglente
      @ItsShanonMaglente  3 роки тому +2

      For my situation, 3,000 was able to cover the deposit fee, and two months of rent

    • @seneca8046
      @seneca8046 2 роки тому +1

      @Millennial Smark I have 3x the rent and additional savings but I’m moving out of state. I don’t have a job secured yet so I’m nervous about how I will rebuild my savings all while spending it on bills and the new state transition costs like DMV plates and stuff.

    • @seneca8046
      @seneca8046 2 роки тому

      @Millennial Smark all of the apartments are expensive at least the good ones in good neighborhoods/ near fun places and restaurants are $900+

    • @251to502
      @251to502 2 роки тому

      @Millennial Smark Interesting suggestion. Obviously I’m sure this does not include reserving a moving truck for a move under 1,000 miles and less than a full bedroom to move.

    • @blazinjaye45
      @blazinjaye45 2 роки тому +1

      @@seneca8046 secure job first tell them you in the process of moving they should push your interview date back

  • @mightbeLara
    @mightbeLara 3 роки тому

    01:01am - 13.01.22

  • @abigailsanchez3815
    @abigailsanchez3815 3 роки тому +3

    Wow needed to see this , now I will open a savings account. Thank you for sharing !

  • @shelovestwofoe6466
    @shelovestwofoe6466 3 роки тому

    I love you😂😂😂😂😩

  • @angelanellie5631
    @angelanellie5631 4 роки тому +2

    Hair, skin care routine

  • @tstavharrell4062
    @tstavharrell4062 3 роки тому

    Man must be nice $3k??? Chicago so expensive 🙄

    • @lindamartinutz
      @lindamartinutz 3 роки тому +1

      Most people in Chicago don’t usually move out on their own when young lmao almost always have a roommate since it’s sooo expensive

    • @tstavharrell4062
      @tstavharrell4062 3 роки тому

      @@lindamartinutz to get something jus ok is $16-1700 and that’s for a studio

  • @Cybercredible
    @Cybercredible 2 роки тому +1

    Cyber Credible Paystub maker legit for your apartment

    • @Derismaharris
      @Derismaharris 2 роки тому

      I will just contact Cyber Credible to edit my bank statement I really need an apartment for my little kids

    • @Derismaharris
      @Derismaharris 2 роки тому

      I sent him a DM on IG

  • @BudgetsWithELMA
    @BudgetsWithELMA Рік тому

    New subbie here 🤗

    • @ItsShanonMaglente
      @ItsShanonMaglente  Рік тому

      Aw yay!! Let me know if you’d like to see anything specific :)

  • @unapologeticallyexoticalElla
    @unapologeticallyexoticalElla 3 роки тому

    Hi :) Did u buy the apartment or rent it.what state? Omg California is too expensive.

  • @Derismaharris
    @Derismaharris 2 роки тому

    I will just contact Cyber Credible to edit my bank statement I really need an apartment for my little kids

  • @austonwimberly9213
    @austonwimberly9213 3 роки тому

    ❤️

  • @Cybercredible
    @Cybercredible 2 роки тому +1

    Cyber Credible got my credit up to 760 for my apartment approval and I got approved with two biweekly stubs showing 3x the rent

  • @Prokutzlawncareandlandscaping
    @Prokutzlawncareandlandscaping 3 роки тому

    Have you ever heard of Dave Ramsey? His teachings? Rachael Cruz? His daughter.

  • @rexhastings9544
    @rexhastings9544 Рік тому

    I like Her, and How I Emphravised Art,.. Reconing My Apartment,.. While Not liking Some Of Some Gang Holding Back.. Talking Shit.

    • @rexhastings9544
      @rexhastings9544 Рік тому

      Holding Money Of Mine Back Gets The Idiots Who Threatened My life Killed. For Assaulting Me in Large Numbers... I was always outnumbered.

    • @rexhastings9544
      @rexhastings9544 Рік тому

      Being Out Numbered,.. Will never happen again.