why am i living with my parents

I live in a city notorious for bad apartments, so I choose to live with my parents in my 30's because the apartment managers are so bad, and I would probably regret giving them my money. I make enough money but have significant debt about 20,000, so I can pay that off in 5 months or I can move out and pay it off in 8 or 9 months. I really don't like living with my parents. So I just wonder if it's best for me to move out and just deal with the apartment manager, I can also buy a house , but I don't have enough money to get a low interest rate and low mortgage yet even though i make a lot of money compared to the average guy

well I would weigh which would cause you the most stress, dealing with an apartment manager or dealing with your parents. are you generalizing that ALL apartment managers in the city are bad? how can you possibly know this? if you pay off all your debt, wouldn't your credit be good enough to qualify for a lower interest loan? you have lots of different factors to consider.

I think you have a lot of options .. Very nice ones in fact. There has to be some nice apartments and nice homes for sale in your area.. Beat the streets a bit and actually take a look at possibilities.

Be happy that your able to have the choices that your money can offer

Thanks . Not everyone can buy a house, I understand that I'm lucky to be able to do that. I'm just trying to save up money so that I could make the 20 percent downpayment to not have to pay the pmi.

If living at home would allow you to pay off that debt as s me quickly as you say, I would definitely pay that off first . . . then move to a rental unit.

I've rented all my life, and it saves me a lot of worries. Try to find an apartment where you rent directly from the owner. If the owner likes you, you won't see your rent go up every year like in the big complexes. Don't be afraid to live in a low rent neighborhood. I've gotten terrific deals in areas like that. And you'll get more space for the money.

Do that for a year. Then think about buying a house. You'll learn a lot during that year.

Move out. You're past 30. Living at home shouldn't even be an option except for in emergencies, like being kicked out of your house by a spouse, flood, severe illness etc. You are an adult, who make money. One of the many responsibilities of adulthood is to move out and make a home for yourself. Your parents also deserve to have their house to themselves - if you have been living there since you were a kid, they haven't had properly "alone time" since you were born.

I am 23 and I recently moved back in with my parents for a few weeks. I have a very good relationship with them, so it worked out, but we all prefer me living by myself. My parents have four kids and with the kids out of the house they travel the world, they can do the redecorating there was never time for, they can eat whenever they want, they can enjoy their privacy. I know they love all their kids but I also know they love living by themselves now - my mother has also told me that after about 30 consecutive years of having children living at home (I moved out when I was 19, I am the youngest, my oldest sister is 10 years older than me) it feels so liberating to make the home theirs again. They invite us all over, with boyfriends/girlfriends, children etc., each sunday. Perfect for all of us.

Do a favour for all of you - move out.

If it's a short period with a definite leave-time I think it's fine.

Just a side note..... if your able to pay off 20,000 in 5 months then your making amazing money. You should be able to buy or rent damn near anything.

I think that beneath all this rationalization is a reluctance...perhaps even a fear, of standing on your own two feet. You somehow still feel the need to cling to mommy and daddy.

Spread your wings, dude! Live the life you've been given. Leave the nest.