There comes a time in everyone’s life that they need to make the decision to move out and stand on their own two feet. But how do you know when the time is right for you?

Moving out can be a difficult choice to make, and no one wants to move out only to realize that they can’t cope on their own and be forced to move back in with their parents. Whether you choose to rent or buy, below are three factors to consider when deciding whether it’s time for you to fly the nest.

Finances

The main question to ask when you’re thinking about moving out is whether you can afford it. Not only do you need savings set aside to cover your first month of rent up front, a security deposit (which is normally equivalent to one or two months rent), and agency fees, but you will also need to ensure that you have enough money to cover all your monthly bills comfortably. Being in full control of your finances for the first time can be daunting.

But if you wanted to get some expert advice on how to manage on your own, companies like Education Life Skills offer courses that can give you all the knowledge you need to ensure you don’t find yourself stuck with too much month left at the end of the money. 

Freedom

As you grow up, it can sometimes feel like your family home is suffocating you, stifling your growth. Some people find that they start arguing with their family members more than usual, or continually shut themselves away in their rooms or stay out with friends to avoid being at home. These are all signs that you may have outgrown your family home and it may be time to move on to pastures new.

Do not be disheartened if you feel this way; many people find that with a little bit of space, they soon bridge those gaps that appeared between their loved ones and themselves. Eventually, all young people get to a point where they need their own space and freedom to make their own decisions. 

Opportunity

You might not be desperately seeking to move out and live on your own, or maybe you can’t afford to at the moment. However, on the rare occasion that opportunity comes knocking, you may find yourself having the prospect of living on your own thrust upon you.

You may have been offered a promotion at work that means a significant pay rise, but also requires relocating over a hundred miles away. In this scenario, it would be silly to turn down the promotion and pay rise simply because you were worried about standing on your own two feet. Be on the lookout for times when life may be hinting for you to take a risk.

By no means is this an exhaustive list, but hopefully it has given you a little food for thought about whether moving out is the right choice for you at this time. Be patient and listen to your instincts and you’ll know exactly when is the right time to make the step.