I [18F] recently graduated high school and would like to move out of my parents' home ASAP. They have never taught me anything about making or managing money or being financially independent. I already have a job interview, but what else should I be doing? What are some resources you would recommend for a beginner? I want to learn everything I can to get my money right. Thank you in advance!

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Mostly figure how to live on a budget.
Work out how much you earn after taxes, and how much you spend each month (rent, food, transport, bills, entertainment)

If you can consistently spend less than you earn, that is 90% of making it work.

helpfullike

Also this is an excellent women’s group:

https://www.facebook.com/share/76JbDAqj7BxbBdEf/?mibextid=K35XfP

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My perspective don’t forget where you came from and where your parents came from. We each have a journey in this world and we need to remember that it’s from each step that we learn knowledge and gain strength. Money will not make you happy and once it’s gone it can be replaced. Your parents you never can.

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10000%

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Learn how to do your own accounting. Learn how to budget. Read “The Richest Man in Babylon” - it’s basic, but drives home the lesson that saving and spinning your money off to work for you is extremely important. Always put a piece of any money received into a savings vehicle (IRA, 401(k), savings account, etc.). Learn about financial markets before investing in them. Understand that wherever you put your money, someone can take it, so it’s best to put it in several different places.

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Why do you need to move out so quickly? This is a great opportunity for you to save some money and work OT so you're not home too much.

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Every 18-year-old wants to strike out on their own immediately.

But my best advice would be to stay at home for another 6 months to 2 years (assuming your parents are willing to let you and the situation is not abusive or anything of that nature)

Rent is a massive portion of most people's budget and the ability to redirect that to savings for a period of time will put you on much better financial footing when you do strike out and get your own place.

Over a two-year period, my brother was able to save $30,000 more than I did by living at home, this despite me having a better paying job.

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