Why I Waited Till I Was 24 To Move Out Parents House

I was 24 when I moved out of my parents house, and I didn’t just move down the street but I moved from new york to Puerto Rico. Very far. And in this video I’ll tell you why I waited the extra 6 years.

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1. I ran my first marathon with a liter of water on my back
- By mile 17 it felt like was carrying a 50lbs no job and my legs were destroyed
- Thankfully 4.27 minutes later I finished the race
- But I ended up missing my goal of sub 4 hours

This is a moving-out video and here I am talking about running marathons
- Well imagine trying to get started financially
- And you start with with a bunch of debt, paycheck to paycheck and no help
- You will eventually come out on top but it will most likely take you longer

The point is:
- When you move out to early
- You get the benefit of being on your own
- With all cons of not being prepared

2. Here are the things I wanted to have checked off before I moved out
- I wanted to be able to have a stable job ( while I lived with my mom I went through about 4-6 different jobs and businesses before I found the ones that worked for me )
- I wanted to have the ability to payoff my debt ( I paid over 13 thousand dollars when I lived with my mom, and left with 48k in debt that I could have paid at any minute)
- I wanted to have atleast 6 months' worth expeses for emergencies ( and I left with about 12 months' worth )

Here is the truth
- I would give my mom some cash to help with the expenses
- But for the most part living with your parents while you prepare to move out is the best decision
- And you don’t move out when you are 100% ready but you move out when your just about their

For example I could have waited longer
- But I felt deep inside like that would just been to much
- When the time comes to move out, you know

3. Cons to waiting this long
- Naturally especially us Men a lot of times
- As we grow up we like to become more independent
- But truthfully I tell you, you are dependent and living under someone else's roof
- So you have to follow their rules
Tips:
- Be patient and respectful
- Only move out early if you are in a super toxic environment ( and them not letting you do what you want to, is not toxic enough )
- When you start getting the itch to move, start running the numbers first before you talk to anyone about it

Here are the numbers
- Emergency fund: 3 months’ worth
- Rent: deposit plus first month
- Leave with the least amount of debt
- Leave with a stable job you’ve had for at least 18 months I would say
- And with a good chunk of cash maybe 1000-5000

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

[makedaily]

You inspire ingenuity! -- "Love for your work is key.."

[kevinhollingsworth]

Always good so right yeah we must be prepared for the future and do certain things to be smart and prepared

[dbest]

Hey Tommy! It's awesome that your parents allowed you to move out at 24. Not everyone has that opportunity. And don't worry, you're definitely not doing bad. I know this person from the Gen X who not only refused to move out at 24, but also at 45, and they're still leeching off utilities without paying rent. So compared to that, you're doing great! Remember, there are always worse experiments out there. Keep up the good work!

[blakeholmes]

I'm planning on moving out right after I had a stable job to have income and a car.

[krustalloswilliams]

I concur 👏 *Life is a Marathon with various life learning phases* 😉😎

[ricordandoilpassato]

Just buy something for the house instead of making it about money. The whole money thing between family really shouldn't exist.

[donaldlyons]

So (in my opinion) your were able to live on very little by living off other people till 24 years old right? WTF you should have said you did well base upon factors like income, low expenses and time. Also you sound like you got a good job and so you were never as underemployed as so many

[ronnygranados]

you sound like you were getting son/husband treatment. i life with mines and i dont tell tell them where im going half the time, my dad dont care and neither does my mom most of the time

[DKWeathersevereweather]

I was out by 17yrs old but I’m the older generation no one said just stay a little longer nope it was a found a beautiful woman my wife we rented an apartment together. My oldest child is 22yrs old and she still lives at the house I don’t care she can stay