For financial reasons I've been renting an apartment at my mother's house which is a 2 family house. Im going through a divorce and incurred debt during my marriage that im still paying. In in early 30s. What im paying now at my mother's is less than I would be paying for a comparable unit. So I've been able to pay off some debt and also finance the divorce.
I've been waiting for divorce to be final so I can sign up to online dating sites and amp up efforts to meet someone special. I want to have a family again and have more kids eventually.
Now I have saved enough to rent my own place. The pros are that I would have more privacy and not feel weird inviting a woman over to my place. I would also feel good about being able to rent on my own and not have to rent from my mother. The cons are that my budget would be very tight. The difference in Monthly rent is around $800. I would have money left to go out and stuff but not a whole lot left for much more.
My mother is proposing that u say and save to buy a house which sounds good but realistically saving for a down payment is aT least a 3 year goal. A big issue I have with my current living arrangement is that there's no separate entrance to the upstairs apartment.
Some of my friends don't undertand why I put so much importance on living on my own. The place I rent now is really nice and the neighborhood is safe. The place I can aford wouldn't be as nice and the neighborhood would probably be not so safe. I live in NYC. I just feel like as a 30 something male I should be living on my own. But is the financial hit worth it? I know it comes down to my own personal beliefs. But was wondering if any guys here ever faced a similar situation and had any input.
Thanks,
I've been waiting for divorce to be final so I can sign up to online dating sites and amp up efforts to meet someone special. I want to have a family again and have more kids eventually.
Now I have saved enough to rent my own place. The pros are that I would have more privacy and not feel weird inviting a woman over to my place. I would also feel good about being able to rent on my own and not have to rent from my mother. The cons are that my budget would be very tight. The difference in Monthly rent is around $800. I would have money left to go out and stuff but not a whole lot left for much more.
My mother is proposing that u say and save to buy a house which sounds good but realistically saving for a down payment is aT least a 3 year goal. A big issue I have with my current living arrangement is that there's no separate entrance to the upstairs apartment.
Some of my friends don't undertand why I put so much importance on living on my own. The place I rent now is really nice and the neighborhood is safe. The place I can aford wouldn't be as nice and the neighborhood would probably be not so safe. I live in NYC. I just feel like as a 30 something male I should be living on my own. But is the financial hit worth it? I know it comes down to my own personal beliefs. But was wondering if any guys here ever faced a similar situation and had any input.
Thanks,
