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Old 08-30-2016, 08:21 PM   #41
Enoch Root
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17 years old and an empty wallet.

Pretty decent collection of tapes and 8-tracks though, and a gorgeous girlfriend

Had it made!
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Old 08-30-2016, 08:31 PM   #42
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I started renting an apartment with a friend when I was 21. I don't think I really had any savings at all. I worked summers to make sure I could pay for university, then moved out during my internship year when I was working full time. The math seemed to work month-to-month so I pulled the trigger and moved out.

Thinking back on it, it does seem a little insane to move out with no savings. But I guess in the back of my mind if everything went sideways I could have just moved back home with my parents.
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Old 08-30-2016, 08:32 PM   #43
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Not ashamed to admit, I lived with my parents until I was 29, and saved up 80K for a downpayment for my house. Probably could have saved it and moved out earlier, but when I was in my 20's, I didn't really consider moving out and probably blew money on stuff I shouldn't have.
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Old 08-30-2016, 09:00 PM   #44
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Moved out right after school with nothing. Parents paid the first month rent for a basement suite in Edmonton, $200 I think. Made good coin at that job so when I left after 5 months (just a summer position) I had like $5K. Never been that rich since...
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Old 08-30-2016, 09:16 PM   #45
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Moved out right after school with nothing. Parents paid the first month rent for a basement suite in Edmonton, $200 I think. Made good coin at that job so when I left after 5 months (just a summer position) I had like $5K. Never been that rich since...
Your parents made you live in Edmonton? You poor bastard...
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Old 08-30-2016, 09:20 PM   #46
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I think I had about $10.
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Old 08-30-2016, 09:39 PM   #47
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Its a bit of a red flag, I remember talking to my wife about this because we had met while I'd been on my own for a few years, but who wants to marry someone that has never lived either on their own or independently from their parents?

For a potential partner that would be concerning.
I see you've met my ex-girlfriend of a million years ago. A prime reason she's an ex.
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Old 08-30-2016, 09:53 PM   #48
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Your parents made you live in Edmonton? You poor bastard...
I am not the favorite son.
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Old 08-30-2016, 09:55 PM   #49
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One of my sisters lived in Garden Towers for a couple years, that place was just fantastic, even better when the ctrain stop was right out the door.

Renting a place with your buddies in your early 20s is a must. Ran into my old Charleswood landlord a couple months back, he reminded me of a few things lol.
Yup when I lived there the c-train was still out front. I saw many hilarious, though sometimes crazy, scenes play out there.
The building also had an indoor pool that was uber creepy. No one was ever in it - just this empty, quiet pool on an otherwise empty floor. I have no idea how any one could swim in it by themselves.

F'n creepy.
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Old 08-30-2016, 10:23 PM   #50
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Bought a 1 bedroom condo for $125,000 when I was 21, 5% down was all I had but it was totally worth it. It should be mandatory to live on your own for a while.
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Old 08-30-2016, 10:26 PM   #51
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About 20K. I was fortunate when I bought my house and got a smoking deal. I pretty much live for free. My tenants pay for almost everything.
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Old 08-30-2016, 10:35 PM   #52
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70k?
Jesus man GTFO already
haha well I come from a Middle Eastern family so the tradition is basically "live at home until marriage". There's pros/cons obviously but I've grown used to it. My parents aren't strict or anything so I could move out as I wish.

My girlfriend, whom I plan to move out with, is in the same boat (less so financially because of tuition/car expenses).

I meet people that say oh man it's a great time to buy and then others that say keep waiting. I'm just trying to learn the market right now to rent/buy and browse realtor.ca. It gets me really excited though!

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Old 08-30-2016, 10:39 PM   #53
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My girlfriend, whom I plan to move out with, is in the same boat (less so financially because of tuition/car expenses).

I meet people that say oh man it's a great time to buy and then others that say keep waiting. I'm just trying to learn the market right now and browse realtor.ca. It gets me really excited though!
It is a good time to buy, waiting for a year or so could be alright too.

I'm sure your relationship is solid, and I don't want to make any presumptions, but I would really recommend living separately before going straight from parents to living with a girl.
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Old 08-30-2016, 10:41 PM   #54
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Half of millennials live at home with their parents.
What do you consider millennials?

It's only 2016... Most millennials are still teenagers.
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Old 08-30-2016, 10:51 PM   #55
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What do you consider millennials?

It's only 2016... Most millennials are still teenagers.
Millennials are between Gen X and Gen Z, reaching adulthood in the 2000's. So birth years starting from the early-mid 1980's to the late 1990's/early 2000's.
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Old 08-30-2016, 11:33 PM   #56
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Man...I loved living in my crappy little 1 bedroom apartment on my own. Some of the best times of my life.

"Welp...looks like beer and leftover Chinese food for breakfast."

Dont tell my wife.
Try renting a house with 3 of your good friends. Parties on Friday and Saturday nights with a huge mess to clean up on Sunday.

Beer and leftover pizza for Sunday football.
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Old 08-30-2016, 11:45 PM   #57
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Originally Posted by Iggy City View Post
haha well I come from a Middle Eastern family so the tradition is basically "live at home until marriage". There's pros/cons obviously but I've grown used to it. My parents aren't strict or anything so I could move out as I wish.

My girlfriend, whom I plan to move out with, is in the same boat (less so financially because of tuition/car expenses).

I meet people that say oh man it's a great time to buy and then others that say keep waiting. I'm just trying to learn the market right now to rent/buy and browse realtor.ca. It gets me really excited though!
With that kind of nest-egg, if you don't go travelling with (or without) your lady for at minimum eight months before you buy a house you're a dumbass and you deserve the regrets you'll live with forever.
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Old 08-31-2016, 12:45 AM   #58
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When I moved out to a new city after university, I didn't have a whole lot but stayed with my buddy for 4 months rent free while I worked and looked for my own place, then moved out.
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Old 08-31-2016, 12:53 AM   #59
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Went to Australia the day after the final high school party. $700 to my name and a visa card, came back negative funds and never went home. 70k would have made Aussie a ton more fun though.....
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Old 08-31-2016, 06:13 AM   #60
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I honestly didn't even realize that this was a common notion. I grew up in a small town and there were no jobs for young people (unless your family or a close family friend owned one of the businesses). Almost everyone leaves home at 17 or 18 broke to either find work or go to university. Then the rest live in their parent's basement until they are 40.

It makes total sense to save up of course, but I just never had that perspective (or chance).
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