Should I live at home or should I move into an apartment while in Nursing??
I am 25 and living at home with my dad. I start the nursing program in 3 weeks! I have lived in an apartment, lived in the dorms, and lived at home in the past. When I was living with a roomate I feel that it helped my studying. I was able to concentrate more, have my own space, etc. And I am also 25 and feel like I should move out of my parent's house. My question is: is this silly when I can be living at home for free??
My finances are like this: I work part time as a bank teller 13-16 hours a week (making approx $580/mo). I set it up this way intentionally so that I wouldn't be working many hours while in nursing. If I move into an apartment my monthly expenses would be $1135. I will be getting 2250 in subsidized loans per semester to be used soley for living expenses (my tuition is already taken care of). I have 10K in savings.
Income:
580/mo work
4500/year subsidized loan
10K total in savings
Expenses:
1135/mo
Is this realistic?? I have many people telling me to stay at home and save money, which I have definitely already done. And I have people telling me "do what you want". I'm also concerned that even 13-16 hours a week would be too much for nursing. What do you guys think?
Another note: the apartment I am interested in is blocks from school, the hospital where clinicals will be at, and 3 miles from work. If I signed an apartment lease I could either do 6 months or 12 months. I would not have a roomate either.
