Pros and Cons of Living Alone Vs. Having a Room Mate (Money, Privacy, Rent, Space, Bills, Lease, Finances, Chores)

Mostly due to financial reasons, once you get out on your own, many people are forced to get room mates in order to cut the costs of living. Is it ultimately worth it? What are the ups and downs of living alone or with a room mate?

Obviously, you will want to find someone who you share common interests with. It makes living together a little easier because you both enjoy a lot of the same things. Try to find someone who’s reliability you have counted on before and can be trusted to pay their half of the rent when the time comes. It can work out living with someone of an opposite gender but from personal experience, more times than not, it causes problems. The one exception to the rule is of course a relationship.

The upsides of having a room mate are that costs, chores etc. are cut in half and there’s always someone around to kick it with if you just want to hang out. Down sides include, deciding on who does what as far as cleaning or upkeep goes, one party worrying if the other will meet their financial obligation and conflicting schedules

Living alone as some people prefer, can be a very enjoyable experience considering you have the money to sustain a comfortable living level. Nobody likes to be constantly worrying about how the bills are going to get paid and ultimately, doing so will provide a lot of stress. The up sides of living alone are privacy, no restraints on space, cleaning up after only yourself, and doing pretty much what you want to do when you want to do it. As noted before though, baying 100% of the bills is not as nearly as fun and, you may feel isolated or overly bored at times.

It is important to note that 9 times out of 10 either one of these scenarios will work out fine for you. In the case it does not, there’s a few things you have to keep in mind. If for example, your name is on the lease and not your room mates, any late or non made payments will ultimately be your responsibility so pick someone you know you can trust.

As lessee you need to lay out the rules and expectations up front, being firm yet fair.
If you decide to live on your own, make sure to stay within budget and not get wrapped up in material possessions and social functions if you can not afford it. Work hard and save is my advice. Obviously, some jobs pay better than others but if you are on a budget and live alone, there is no one else to turn to when the collectors come collecting.

If you decide to live on your own, make sure to stay within budget and not get wrapped up in material possessions and social functions if you can not afford it. Work hard and save is my advice. Obviously, some jobs pay better than others but if you are on a budget and live alone, there is no one else to turn to when the collectors come collecting.

Original article from http://www.associatedcontent.com/article/372011/
pros_and_cons_of_living_alone_vs_having.html?page=2&cat=7