I am asking this question because the young adult in question, is me. I am to move out in a few years, and it feels impossible to move far away from my hometown (which I want). I have no idea how to juggle both finances, a job, and the move itself. With the global inflation going on, it feels impossible getting hold of a decent apartment to rent.

What advice would you give someone like me? What should I keep in mind and prepare* myself for? What are your experiences moving out, or moving away from your hometown? How long did the process take for you, and how did you manage keeping a job that paid all your taxes and rent? If you could look back and give younger you some advice, what would you tell them?

(If it provides any context, I am North European.)

  • Kalkaline
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    1 year ago

    Find a certified financial planner or the equivalent in your country (but walk away immediately if they start trying to sell you on whole life insurance or some other scummy products). You want someone who will act as a fiduciary and give you sound financial advice that’s for your benefit and not theirs. At a young age, having that grasp of some financial concepts like what it takes to retire, what kind of emergency fund you need, how to protect your money from taxation as much as legally possible, what your budget should look like compared to other financially sound individuals, etc will make your life so much easier. I can’t give you any advice beyond “seek out a fiduciary of some sort” because I don’t know the specifics of your country in, however if you can save and invest instead of burying yourself in high interest debt, you’ll be doing future you a huge favor.

    Also, travel while you’re young and don’t have kids because they’ll take up a lot of time and it’s difficult to travel with little ones.

    Take care of your whole body. This includes your eyes, ears, teeth, mind, brain, and all your extremities and vital organs. Eat a variety of nutritious foods at appropriate calorie levels to maintain a healthy weight, brush your teeth, do your cardiovascular exercises and resistance training, and see a doctor and dentist regularly.

    Stick with school, especially if it’s free. It is hard paying off debt from school without a degree to help you.

    Love yourself and those around you.

    • Blake [he/him]@feddit.uk
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      1 year ago

      I just wanted to let you know that I really enjoyed this comment. I think it has some good advice but the writing style is kind of unique, it’s almost alien in a way that I can’t quite explain, I liked it!