Q. Okay so i'm planning on moving to Los Angeles from Orange county in almost exactly a year, and when I do ill be making 47,000 a year. I have about 2,500 saved up right now. my question is how much should I save up for the initial move over? Like for rent and deposit and stock my apartment and what not? I'm looking at 1 bedroom and thrifty life style. When I live there i'll already be earning my full salary, but how much money should I save for the initial move?
A. Well, you'll need to put down the first and last month's rent, and probably a security deposit. So plan on having to cough up three month's rent at the time you sign your lease. Where I live you can get a really nice 1 bedroom apartment for $725, with heat, hot water and cooking fuel included, but I'm sure the cost of living is much higher in LA. I wouldn't know what rent is there, but whatever it is, multiply by three. For me that would be $2,175.
Plan conservatively, and save as much money as you can before the move. A lot can go wrong when you are moving, and you need to have the cash set aside to deal with it. Have all of your expenses for at least the first couple of months saved. Figure food is $150/mo, gas $100/mo, telephone/internet $50/mo, plus miscellaneous. Add another $700.
You need to have enough money left over to deal with emergencies (say, $1,000).
Ideally, you would still have enough money left over to be able to move back out of the city if the job falls through, etc, but we're not living in an ideal world.
So, the end result is that I wouldn't consider moving in your position without **at least** $4,000 in the bank, plus the moving costs. Of course, all of the above figures will be higher for you, considering the high cost of living in L.A. The other user's suggestion of $6,000 sounds about right.
Given the choice I would always prefer to have more, and if I had the ability to save it, I wouldn't turn my nose up at a savings goal of $10,000. The money can always be put to good use later.
Plan conservatively, and save as much money as you can before the move. A lot can go wrong when you are moving, and you need to have the cash set aside to deal with it. Have all of your expenses for at least the first couple of months saved. Figure food is $150/mo, gas $100/mo, telephone/internet $50/mo, plus miscellaneous. Add another $700.
You need to have enough money left over to deal with emergencies (say, $1,000).
Ideally, you would still have enough money left over to be able to move back out of the city if the job falls through, etc, but we're not living in an ideal world.
So, the end result is that I wouldn't consider moving in your position without **at least** $4,000 in the bank, plus the moving costs. Of course, all of the above figures will be higher for you, considering the high cost of living in L.A. The other user's suggestion of $6,000 sounds about right.
Given the choice I would always prefer to have more, and if I had the ability to save it, I wouldn't turn my nose up at a savings goal of $10,000. The money can always be put to good use later.
The costs for two different kinds of heating systems for a three-bedroom home are given in the following table?
Q. The costs for two different kinds of heating systems for a three-bedroom home are given in the following table:
SystemCost to InstallOperating Cost/Year
Solar$29,700$150
Electric$5,000$1,100
a. After how many years will total costs for solar heating and electric heating be the same?
b. What will be the cost at that time?
SystemCost to InstallOperating Cost/Year
Solar$29,700$150
Electric$5,000$1,100
a. After how many years will total costs for solar heating and electric heating be the same?
b. What will be the cost at that time?
A. Hi Its all just pie in the sky 17 to 23 years may be ,you can not factor into the equation the true ongoing maintenance costs, Solar panels are a big rip offfff as they were in the 1980s. Look at heat pumps if you want a system that viable for a three bedroom house, just stay away from solar power in the UK, in the USA you have a light in the sky we call the Sun that will help the Solar system efficiency its just the cost of the panels that sets people against the system a lot of the Solar equipmant is comming in from China costing peanuts by the time it gets to the end user its not viable. . The questions that you have asked I can not answer truthfully sorry, Hopefully someone else can help
cheers
Bob a job
cheers
Bob a job
How much would a house like this cost in Iowa next summer?
Q. My brother and i will both be done with college this spring, starting jobs where we would both make $15 per hour. I have a $300 car payment for another 2 years, and he will need a car within a year, of a similar payment.
We want to get a small house here in Iowa, area code 50613, that has a large workspace such as either a very large garage, or a seperate workshop, perhaps made from a pole barn. Neither of us plan on raising families there, so a 2-bedroom house with 1 bath and a small kitchen, just a bachelor pad, would fit quite well. We'd like to be near town, but rural enough to not have to worry too much about neighbors, since we've grown up in the country and are used to being able to shoot firearms, and work on our cars without worrying about leaving a tool laying out, for a passing kid to steal if we were in town. Darn tool-stealing kids.
Honestly, i think we would both live in a large RV if the price was right, and if we could find an empty lot for dirt cheap to build a simple workshop on. We have welding equipment, an air compressor, stuff that just doesn't fit into a small house's garage in the middle of town. Our parents are selling the acreage to move into a condo in town, and my brother and i cannot afford the huge house or property it's on, when the large workshop and rural setting are all we really need.
I thought about maybe just living in an apartment in town, and renting somebody's unused barn outside of town, for my brother to rebuild a muscle car, and myself to build a dune buggy.
Okay so this is a ton of extra info... Any advice or thoughts on how much we could get a small rural house for?
We want to get a small house here in Iowa, area code 50613, that has a large workspace such as either a very large garage, or a seperate workshop, perhaps made from a pole barn. Neither of us plan on raising families there, so a 2-bedroom house with 1 bath and a small kitchen, just a bachelor pad, would fit quite well. We'd like to be near town, but rural enough to not have to worry too much about neighbors, since we've grown up in the country and are used to being able to shoot firearms, and work on our cars without worrying about leaving a tool laying out, for a passing kid to steal if we were in town. Darn tool-stealing kids.
Honestly, i think we would both live in a large RV if the price was right, and if we could find an empty lot for dirt cheap to build a simple workshop on. We have welding equipment, an air compressor, stuff that just doesn't fit into a small house's garage in the middle of town. Our parents are selling the acreage to move into a condo in town, and my brother and i cannot afford the huge house or property it's on, when the large workshop and rural setting are all we really need.
I thought about maybe just living in an apartment in town, and renting somebody's unused barn outside of town, for my brother to rebuild a muscle car, and myself to build a dune buggy.
Okay so this is a ton of extra info... Any advice or thoughts on how much we could get a small rural house for?
A. Depends on how far out of town you are willing to live. Cedar Falls-Waterloo is a college town, with an industrial base. Farther East and South, the more expensive. You get 75-100 West Wright/Hamilton/Franklin county areas, you can buy what you are looking for within $50-60,000 range. 30 year loan, you're talking $600-700 month including property tax and insurance. Should be able to rent around $400-500 month
Powered by Yahoo! Answers
Title Post: How much money do i need to save up?
Rating: 94% based on 1258 ratings. 4,3 user reviews.
Author: Unknown
Thanks For Coming To My Blog
Rating: 94% based on 1258 ratings. 4,3 user reviews.
Author: Unknown
Thanks For Coming To My Blog
No comments:
Post a Comment