Should I Move in With Parents???

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Hi,

I was lucky enough to buy my own place while I worked as a nurse. I will be returning for anesthesia school this fall. I need your expert advice. Should I move in with my parents or just get 2 rommates? My mortgage is $1570 per month plus utilities. I could completely rent out my house and probably get 1500.00. There is also 132.00 Maintenence fee. If I get roommates I can ask for $450.00 each plus sharing utilities. That would leave me with $670.00 plus 1/3 utilities per month. I also have a car payment $390.00, insurance 200.00

and other expenses. If I moved in with my parents I would have to pay for storage space for my furniture ( or I could sell it). My parents do live closer to the university and clinical sites, I am currently 30 mins away. I am hoping to possibly work out a contract with a local anesthesia group. Tuition will be 52,000. I will also need money for living expenses. I have about 10,000 in the bank right now and will be doubling that by the time school starts. Any advice from past or present students would be greatly appreciated. I've been waiting for this moment for a long time and really want to do the right thing.

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I am by no means an expert , but would like to offer a suggestion.I personally would sell my house and furniture and move in with the parents.I would also pay off my car and all debts and loans. If you rent out the rooms or rent out the house you will still have to pay an additional 1,000 plus a month for car payment,utilities ect..

Best Wishes,

Twinkie :)

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I'm in the application process and also not an expert but one thing that is consistent with most prospective SRNAs is the sacrifices made. I would move in with the parents. Roommates can bring a lot of problems even if you think they're great at the beginning. What if one of them moves out? Then you have to spend time getting another one. If they stiff you on the rent, that's another huge headache you don't need while you are living, eating and breathing anesthesia. Broken furniture, parties, needy roomies who want to talk your ear off when you have to prep for a case in the AM are other problems I can think of. Not to mention the remaining monthly bills you'll still have. Sometimes you have to take a step backward in order to move foward. I also agree with paying off your car or trading down. You don't need any added stress of debt. There will be enough stress.

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I also agree with the no roommates rationale. Either rent the whole house to a nice family who will take care of it and stay in it, or sell it. Do you want to live in this house after you graduate? Maybe your standard of living will change after you get out of school and your current house may not fit your style anymore?

If you are single? moving in with mom will allow you to reduce the burden of taking care of household business (bills, cleaning, groceries) to some extent...just don't make her your servant :)

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Specializes in ER/ICU/STICU.

Speaking from personal experience about having roomates, there is no reason why you have to split everything with them. I mean the house is in your name so you take responsibility for it and therefore you should charge more to rent the room. Also look in the paper to see what prices are like in your area. I know living with other people can be tough, but just another angle to look at it from. As everyone else has said, you can rent out the whole house to a family.

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I wouldn't be able to live with my mom for that long without killing her, but if you get along it probably sounds like the best solution. We're renting our house while we move for me to go to school. We are trying to get enough for it so that while we won't actually make money, we won't be paying out of our own pockets for insurance, maintenance, taxes etc.

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I had one thought when you mentioned getting roommates...

:eek: Don't do it!!!

My experience has been horrid with renters/roomies. If it happens, it usually never fails that the moments where you are most stressed out with school or money is the moments they will scr*w you bad. Personally, that is a risk I wouldn't take during anesthesia school. This one's way too important.

Heck, if I could pack up and move in with my mom and dad I would. You should seriously consider this option.

Good luck!

-Alyssa

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Roommates are hard, especially in NA school. My recommendation is based on my experience. I would pay off your car or sell it and buy a less expensive one that you won't have to make payments on. Also, i would find a new insurance company because $200 a month is out of this world. If you get along with your parents then i would move there. You won't be home much and when you are you'll be studying or sleeping. I moved home for my last two years of my BSN program and it worked great but i have a good relationship with my parents. You could always rent your house out furnished too so you wouldn't have to put much in storage. I would probably use a rental company to help you because you don't want the hassles of being a landlord while in school. That is what some of my classmates did and it works well for them. It's not about making money on the house but about not losing too much money. Best of luck.

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Specializes in Surgical Oncology.

Well, after I got my undergrad. I was one of the many that had to move back in with the parents. Although at times it can be alittle difficult the rewards are much greater. I'm currently in the process of getting my BSN and living at home has not been too bad. I save a tons of money, there is always food in the fridge, no major bills to pay except cell phone and car. Overall I can say it's a pretty nice deal. well i just wanted to let you know my expericence with moving back home...hope it helps... :p

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When I returned to school, to get my associates, I had an 18 month old daughter and had to work full time. I moved back in with my parents. They were a big help, both in caring for my daughter and helping me with her. When I returned for my BSN and MS, I lived on my own, with my daughter remaining with my parents. I also had to work full time and went to school full time. My advice, don't get roommates, they can be more of a pain then a help. With today's real estate market, I would sell your home. If you can tolerate your parents for the few years you will be in school, move back in with them.

I am returning to school, in the fall, and have lived with my daughter, three grandchildren and SIL. I am moving, 1350 miles away. I love everyone dearly but after two years, they and I have had enough of our closeness :chuckle .

Good luck

Grannynurse :balloons:

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I agree with most everyone else. Roomates are a bad idea. Move in with your folks and rent or sell your house. If I could have done it that way, I would have. You may want to consider either paying off your car or selling it for a cheaper one. I paid off 1 car and traded another higher payment car in on a cheap school car. The low car payments are nice while in school and now I am looking forward to getting a nice new truck when I graduate in 13 months! Best of luck with whatever you decide.

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Thanks for the help guys. I have to say that when I joined this forum I found it immensely helpful. I appreciate all the input from everyone. I think I'm going to rent the house and move in with my parents. I won't sell because the cost of this home as appreciated 30% in just one year and who knows what it will be worth when I'm done with grad school or even farther in the future. I am lucky enough to have great parents. They are extremely supportive and I would not have to worry about rent, utilities and food. I thank God and count my blessings everyday. I don't know how some of you do it, school, work, children... I will only have to worry about myself and school when I return. Thanks again and I wish you all much success in your careers as CRNA's!

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